The growth rate of the import and export of machinery industry dropped by a trade surplus of over ten billion yuan

From January to April of this year, the total import and export volume of the machinery industry in the country reached US$203.75 billion, an increase of 5.16% year-on-year, and a decrease of 1.37 percentage points from January to March (6.53%), of which exports were US$108.75 billion, an increase of 14.73% over the same period of last year. From March to March (16.1%), it was 1.37 percentage points lower, and imports were US$949.94 billion, down 4.01% year-on-year, 1.58 percentage points lower than January-March (-2.43%), and cumulative import and export trade surpluses exceeded 10 billion, 13.716 billion. The US dollar increased by 5.717 billion U.S. dollars from January to March (8.024 billion U.S. dollars).

In the month of April, the total import and export volume of the machinery industry reached US$53.814 billion, an increase of 1.54% year-on-year and a decrease of 3.81 percentage points from the previous month (5.35%). Of which, exports were US$29.778 billion, up 11.25% year-on-year, down 8.06% from the previous month (19.31%); imports were US$ 24.036 billion, down 8.38% year-on-year and 1.26 percentage points lower than the previous month (-7.12%), and the monthly trade surplus. This was $5.742 billion, an increase of $1.774 billion over the previous month ($3.968 billion).

The accumulative export growth was faster than the import customs statistics showed that in the first quarter of this year, the cumulative export of the machinery industry increased by 16.1% year-on-year, the cumulative import decreased by 2.43% year-on-year, and the export was faster than the import by 18.53%; 13 industries showed exports in addition to the automotive industry. Faster than imports. In the provinces, municipalities and autonomous regions, 23 provinces, municipalities and autonomous regions export faster than imports.

On the import side, cumulative growth of 13 provinces, municipalities and autonomous regions was positive year-on-year, of which cumulative imports from Henan (78.56%), Gansu (50.82%), and Guangxi (43.63%) recorded the fastest year-on-year growth; cumulative growth in 18 provinces, municipalities and autonomous regions registered year-on-year growth. Among them, Tibet (-88%), Qinghai (-64.22%) and Anhui (-33.69%) have the largest declines in three provinces.

In terms of exports, the cumulative growth of 26 provinces, municipalities, and autonomous regions was a year-on-year increase, of which Tibet (58.1%), Gansu (52.17%), and Xinjiang (45.31%) were the provinces with the fastest cumulative increase in exports and the largest increase.

The cumulative export growth rate of ten industries fell from January to April. In addition to the year-on-year growth rate of exports of the agricultural machinery industry, cultural office equipment industry, and heavy mining industry, the growth rate of exports from the industrial machinery industry, the cultural office equipment industry, and the heavy mining industry increased slightly from the previous month, while exports from the remaining 10 industries increased. All of the speeds are declining. Among them, the industries where the export growth rate fell sharply from January to March are the internal combustion engine and other civil machinery industries, which fell by more than 4 percentage points respectively; the petrochemical general, mechanical basic parts and engineering machinery industries followed closely. Both fell more than 2%.

In the month of April, the industries where export growth fell faster than last month were petrochemical GM, other civilian machinery, and internal combustion engine machinery, which were 21.87, 19.43, and 12.54 percentage points, respectively.

Imports and exports of Qicheng provinces and cities achieved a positive growth from January to April. Accumulative total import and export volume of 23 provinces, municipalities, and autonomous regions achieved a year-on-year growth. Negative growth was recorded in 8 provinces, municipalities, and autonomous regions, and imports and exports in three provinces and municipalities in Guangdong, Jiangsu, and Shanghai totaled 100 billion yuan. Dollars.

From the perspective of imports, the accumulative growth of 12 provinces, municipalities and autonomous regions was positive year-on-year, with cumulative growth of negative growth year-on-year in 19 provinces, municipalities and autonomous regions, of which 13 cities, autonomous regions, and autonomous regions experienced a year-on-year decrease in cumulative double-digits. Tibet Autonomous Region (-82.43%) and Anhui Province (-36.96 The cumulative year-on-year growth rate of the three provinces and counties in Sichuan Province (-32.34%) was the largest; from the point of view of exports, the cumulative growth of 24 provinces, municipalities and autonomous regions was positive year-on-year, and the cumulative growth of the remaining seven provinces, municipalities and autonomous regions was negative year-on-year, including Qinghai Province (-36.93%). The year-on-year cumulative decline of the two provinces and autonomous regions of the Ningxia Hui Autonomous Region (-24.88%) was relatively large.

The decrease in imports from Japan and the decline in exports to the United States decreased from January to April. China's machinery industry narrowed its decline in imports from Japan and its exports to the United States declined. The total value of imports and exports to Japan was US$34.504 billion, a year-on-year decrease of 4.55%, compared with the previous month ( -6.5%) narrowed by 1.95 percentage points, of which imports decreased by 11.53% year-on-year, narrowed by 2.18 percentage points from the previous month (-13.71%), and exports increased by 20.28% year-on-year, an increase of 0.99 percentage points from the previous month (19.29%); The U.S. import and export volume totaled 26.61 billion U.S. dollars, an increase of 14.44% year-on-year and 0.05 percentage points lower than the previous month (14.49%), of which imports rose 4.94% year-on-year, 2.28 percentage points higher than the previous month (2.66%), and exports grew 19.82% year-on-year. Compared with the previous month (21.36%), it dropped 1.54 percentage points.

General trade exports grew at a faster rate than the processing trade from January to April. The total import and export volume of the machinery industry was US$122.768 billion, an increase of 5.2% year-on-year; the total import and export volume of the processing trade was US$58.74 billion, a year-on-year increase of 6.4%.

From the analysis of imports, in the first four months, the total amount of general trade imports totaled 62.448 billion U.S. dollars, a year-on-year decrease of 4.02%; the total import volume of processing trade was 18.41 billion U.S. dollars, a year-on-year decrease of 3.52%.

From the export analysis, from January to April, the cumulative total of general trade exports totaled 60.32 billion U.S. dollars, up 16.81 percent year-on-year; the total export volume of processing trade was 40.33 billion U.S. dollars, an increase of 11.64 percent year-on-year. The year-on-year growth of general trade exports was 5.17 percentage points higher than that of processing trade.

State-owned and private enterprises performed better than foreign-funded enterprises from January to April. State-owned and private enterprises performed better than foreign-funded enterprises. The cumulative total import and export trade volume of state-owned and private enterprises was surplus, with total cumulative import and export volume of state-owned enterprises at US$ 30.172 billion, down 8.81% year-on-year, with a trade surplus of US$ 573 million; cumulative total import and export volume of private enterprises was US$ 46.555 billion, a year-on-year increase of 13.94. %, the trade surplus is 20.236 billion US dollars. Total foreign-funded enterprises’ total import and export amounted to US$127.203 billion, an increase of 6.02% over the same period of the previous year, of which imports were US$67.048 billion, down 1.39 percent year-on-year; exports were US$59.975 billion, up 15.76 percent year-on-year; trade deficit was US$7.074 billion.

Automobile products have the largest number of auto parts imports from January to April. Among the 92 major import and export products monitored by the machinery industry, there are 37 kinds of products whose cumulative imports have been increasing year-on-year. There are 81 kinds of products whose cumulative export volume is increasing year-on-year. Among them, five kinds of products with the largest cumulative import amount are automobiles (including complete spare parts), small cars (including whole set of spare parts), auto parts, four-wheel drive light off-road vehicles (including complete spare parts) and metal processing machine tools. The five types of products with the most accumulated exports are automotive parts, wires and cables, automobiles (including complete spare parts), low-voltage electrical appliances, and copiers.

From January to March, of the 92 major import and export products monitored by the machinery industry, the trade balance of 53 products was a surplus, and the balance of 39 products trade was a deficit. The top three products with cumulative trade surplus were: wire and cable 2.588 billion U.S. dollars, copiers 1.767 billion U.S. dollars and power tools 1.307 billion U.S. dollars, and the top three trade deficit products were: automobiles (including complete spare parts). US$ 10.14 billion, US$ 5.236 billion for small cars (including spare parts) and US$ 4.612 billion for four-wheel drive light SUVs (including spare parts).