According to customs data, China exported 1.74 million machine tools in May, a year-on-year decrease of 12.7%. Customs data shows that from January to May, a total of 7.06 million machine tools were exported, a year-on-year decrease of 25.7%, a decrease of 3.4 percentage points compared to January to April.
According to customs data, China exported 13289 tractors in May, a year-on-year increase of 28.6%. According to customs data, a total of 61351 tractors were exported from January to May, a year-on-year increase of 7.4%.
Overall, except for the two consecutive months of positive year-on-year growth in tractor exports, customs data shows that China's main machinery and equipment exports still did not show significant improvement in May, but the decline has narrowed to varying degrees.
(Translated from: My Steel Mesh)