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From January To October 2007 Imports And Exports Of Machine Tools (4) by zyzy wang





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From January To October 2007 Imports And Exports Of Machine Tools (4) by
Article Posted: 09/20/2010
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From January To October 2007 Imports And Exports Of Machine Tools (4)


 
Business,Business News,Business Opportunities
2, from January to October 2007, the main features of the Import and Export of Machine Tool Products

1, total imports and exports of machine tools products to new high Throughout the year, from January to October

machine tool import and export trends, expected machine tool imports this year remained at a lower growth rate, exports will continue to maintain a rapid growth rate, import and export of machine tool products the total expected to reach 16.5 billion U.S. dollars. Among them, the imports would amount to more than 11.5 billion U.S. dollars, the export value is expected to more than 5 billion U.S. dollars. Started in June this year, the amount of metal processing machine tools imported a total of five consecutive months of negative growth over the previous year, estimated annual amount of imports at 6.9 billion U.S. dollars to maintain the upper and lower export value will be close to 1.6 billion.

2, the first time the import and export trade deficit down

Since 1999, China's machine tool imports and exports trade deficit increased year by year, 1.539 billion U.S. dollars from the year expanded to 7.318 billion U.S. dollars in 2006, particularly 2000 to 2004, the deficit up to 2 per year number rate. Machine tools from January to October 2007, the amount of product imports rose 3.72%, the lowest since 2000 the growth rate, exports amount to maintain relatively high growth rate, as 34.18%. Lower the amount of increase in imports, exports increase the amount of high, resulting in import and export of machine tools this year, the deficit dropped 1-October over the same period the previous year decreased 713 million U.S. dollars. Import and export of machine tools for metal processing deficit, from the previous year's 5.05 billion U.S. dollars over the same period fell to 4.377 billion U.S. dollars, reducing 673 million U.S. dollars, import and export trade deficit fell 13.33%, the first negative growth, a large trade deficit driven machine tool narrowing of the main factors.

3,1-10 import features of the month

(1) the amount of machine tool imports growth rate down. Multi-year, double-digit import growth has finally slowed down from January to October this year, imports rose only 3.72%. From January to October over the previous year the amount of metal working machine tool imports of view, this will be the first time since 1999 a negative growth. Machine tool imports fell, parts imports increased, so that China's machine tool imports growth slowed down, at a relatively low level of volatility.

(2) increasing demand for machine tool imports. Import machine tool performance, greatly enhanced. Machine Tool in the domestic market demand, such as gantry-type machining center imports, the amount grew 13.76%, respectively and 31.44%; CNC lathe imports, the amount of increase was 2.56% and 18.08%; CNC gear cutting machines imports the amount of down 6.72% and 13.56%; CNC milling machine imports, the amount grew 18.71% and 37.03%, etc.. Metal forming machine tool imports, woodworking machines, cutting tools, the amount of imports is also significantly higher than the same period last year the number of year.

(3) CNC machine tool imports remained strong. The amount of metal processing machine tool imports in the year to negative growth, the NC metal processing machine tools share of 55.36 percent, 2.8 percentage points higher than the previous year. CNC milling machines, CNC lathes, CNC gear cutting machine tools and CNC machine tools, CNC punching, CNC forging or stamping machine imports are still double-digit rate.

(4) the nature of the import trade patterns and business is gradually shifting. Foreign-invested enterprises to import of equipment as a way of accounting for investment in trade decline in the share of metal working machines for the 53.61 percent the previous year fell by 7.0 percentage points. The proportion of foreign-funded enterprises accounted for imports also appeared significantly.

4,1-10 export features of the month

(1) the amount of machine tool exports to maintain rapid growth. Total exports grew 34.18 percent year on year, 6.7 percentage points higher than the same period last year, in addition to casting machines and measuring tools, other machine tool exports are in double-digit growth rates year on year growth rate, especially forming machine tools, up to 67.84 %. Metal cutting machine tools contribution of export growth rate declined from 33.0% last year dropped to 22.8%, a decrease of 10.2 percent.

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