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China's injection molding machine trade deficit is gradually expanding

by:FUHONG     2021-06-30
According to China Customs data, in the first half of 2014, China exported 83,520 plastic machinery units, a year-on-year decrease of 3.5%, and the export value was US$86.19 million, a year-on-year increase of 7.4%; imported plastic machinery was 8,412 units, a year-on-year increase of 98.7%, and the import value was US$10.523 million. , A year-on-year increase of 23.2%. Therefore, in the first half of the year, China’s plastic machinery trade deficit reached US$138.04 million. Among them, the single-month trade deficit in June was 48.05 million U.S. dollars, reaching the highest trade deficit this year. The disproportionate increase in export volume and export value is mainly due to the low average unit price of other molding machines and molding machines (customs code 847759) exported from China to Hong Kong and the United States this year, which makes the quantity but not high. Caused by. In the first half of the year, China's exports of injection molding machines performed well, reaching a double-digit growth year-on-year, but other products performed relatively flat. In terms of export volume, blow molding machines fell the most, only half of the same period last year; in terms of export value, extruders, vacuum molding machines and other thermoforming machines declined slightly year-on-year. In the first half of the year, the number of China's extruder imports fell year-on-year, and the amount of imports increased significantly year-on-year. The trade deficit of this product in June reached US$30.35 million. It can be speculated that China's demand for high-quality extruders is still strong, which is also the main reason for the increase in China's plastic machinery trade deficit.
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