Machinery / Industrial Parts & Tools

Since the beginning of this year, my country's foreign trade imports and exports have overcome many adverse effects such as the tightening of the external environment and the short-term impact of the epidemic, and the cumulative growth rate in the first seven months has reached double digits. According to the observation of import and export data, in terms of US dollars, from January to July 2022, my country's total import and export value is 3,643.07 billion US dollars, an increase of 10.4%. Among them, the export was 2,062.68 billion US dollars, an increase of 14.6%; the import was 1,580.38 billion US dollars, an increase of 5.3%; the trade surplus was 482.3 billion US dollars.

Related topics: Import and export of internal combustion engine industry

Since the internal combustion engine industry is affected by international trade and the characteristics of its own enterprise scale, although its import and export performance is not as good as that of the country as a whole, it is generally stable and has a positive trend. According to the observation of import and export data, the total import and export volume of the internal combustion engine industry from January to July was 17.252 billion US dollars, a year-on-year increase of -1.21%, (2.18 percentage points higher than that from January to June), of which imports were 5.137 billion US dollars, a year-on-year increase of -21.58% (compared to 1 -In June, it increased by 1.63 percentage points), and the export was 12.115 billion US dollars, a year-on-year increase of 11.01% (up 2.26 percentage points from January to June).

The import and export data show that in the import amount, all sub-types have decreased year-on-year, especially gasoline engines. Specifically: from January to July 2022, the import of diesel engines was US$526 million, a year-on-year increase of -8.24%; the import of gasoline engines was US$395 million, a year-on-year increase of -48.77%; the import of other types of complete machines was US$1.532 billion, a year-on-year increase of -18.55%; The import of components was 2.429 billion US dollars, a year-on-year increase of -20.10%; the import of generator sets was 255 million US dollars, a year-on-year increase of 10.44%.

The import and export data also shows that in the export value, all subdivisions except gasoline engines have increased year-on-year. Specifically: from January to July 2022, the export of diesel engines was US$637 million, a year-on-year increase of 18.78%; the export of gasoline engines was US$886 million, a year-on-year increase of -17.36%; the export of other types of complete machines was US$1.576 billion, an increase of 18.06% year-on-year; the export of internal combustion engine parts 6.347 billion US dollars, an increase of 8.82% year-on-year; generator set exports of 2.669 billion US dollars, a year-on-year increase of 24.86%.