In the first quarter, Liaoning metal processing machine tool exports increased import and drop

1. Export volume in the first quarter increased by 55.9% year-on-year.

According to Shenyang Customs statistics, in the first quarter of 2010, Liaoning Province exported 7422 sets of metal processing machine tools, up 55.9% year-on-year; the total value of export machine tools was 31.49 million US dollars, up 4.9% year-on-year, and machine tool exports showed a good start.

According to reports, the largest export of machine tool products in Liaoning Province is sawing machine or cutting machine, a total of 5,587 units, an increase of 1.1 times, accounting for 75.3% of the total number of machine tool exports. As a representative of high-end machine tools, CNC machine tools and machining centers exported a total of 379 units, a year-on-year increase of 6.8%, valued at 15.55 million US dollars, an increase of 10.9%. 5,736 sets of machine tools were exported by processing trade, which doubled, accounting for 77.3% of all machine tool exports, valued at 8.41 million US dollars, up 13%. 88.4% of the machine tools in Liaoning Province were exported to Asia and Africa, with a total of 4,331 units and 2,228 units, up 58.5% and 85.4% respectively.

In recent years, China's machine tool industry has maintained a rapid development momentum. In 2009, it became the world's No. 1 machine tool manufacturing country. However, machine tool exports are still dominated by medium and low-end products and processing trade, and most of them are exported by foreign-invested enterprises. Experts suggest that Liaoning Province should also increase research and development and production of high-tech machine tool products, actively strive for the share of emerging markets, and create a machine tool manufacturing industry with “re-innovation and core”.

2. Imports in the first quarter fell by 61% year-on-year.

In the first quarter, Liaoning Province imported 3,678 metal processing machine tools worth US$71.66 million, down 61% and 45.4% from the same period of last year. The country imported 21,044 machine tools, an increase of 12.6%; the value of 1.74 billion US dollars, an increase of 15.7%. The imported machine tool has a low value. The data shows that the number of imported machine tools in Liaoning Province in the first quarter accounted for 17.5% of the national total, ranking third in the provinces, accounting for 4.1% of the national total, ranking seventh in the provinces.

In the first quarter of this year, Liaoning Province imported 3,577 machine tools by general trade, down 61%, accounting for 97.3% of all machine tool imports, valued at 52.72 million US dollars, up 31.7%.

The number of imports from South Korea is high, and the value of imports from the EU is relatively high. In the first quarter of this year, Liaoning Province imported 3,326 machine tools from South Korea, valued at 23.73 million US dollars, down 36.3%. Imported 64 machine tools from the EU, but the value is as high as 21.15 million US dollars.

Foreign-invested enterprises imported 3,517 machine tools, down 62.4%, accounting for 95.6% of total imports, valued at 49.23 million US dollars, down 49.7%, accounting for 68.7% of total imports.

In the first quarter of Liaoning Province, the largest number of imported machine tools were grinders, a total of 3,184 units, down 64.1%, accounting for 86.6% of all imported machine tools. In the same period, the total number of machining centers and CNC machine tools represented by high-end machine tools was 210 units, an increase of 4.5%.

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