Machinery / Industrial Parts & Tools

According to the Huacheng Import and Export Data Observation Report, since this year, China'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 still maintain a good development trend, with an accumulative growth rate of nearly 10% in the first eight months. According to the disclosure of the General Administration of Customs, in dollar terms, from January to August 2022, China's total import and export value was 4191.416 billion dollars, an increase of 9.5%. Among them, exports reached 2375.970 billion US dollars, up 13.5%; Imports reached USD 1815.445 billion, up 4.6%; The trade surplus was US $560.52 billion.

Huacheng's import and export data observation reported that, due to the impact of international trade and the characteristics of its own enterprise scale, the internal combustion engine industry's import and export performance is not as good as the overall situation of the country, but it is generally stable and has a good trend.

From January to August, the total import and export volume of the internal combustion engine industry was USD 199.12 billion, a year-on-year decrease of 0.91% (0.3 percentage points higher than that from January to July). Among them, imports amounted to 5.88 billion US dollars, down 20.65% year on year (0.93 percentage points higher than that from January to July); Exports reached USD 14.032 billion, up 11.01% year on year (down 0.38 percentage points from January to July). Huacheng's import and export data observation reported.

In the import amount, each sub category decreased year on year, especially for gasoline engines. Specifically, from January to August 2022, the import of diesel engines reached US $612 million, down 7.55% year on year; The import of gasoline engines was 452 million US dollars, down 47.17% year on year; The import of other complete machines was 1.74 billion US dollars, down 16.19% year on year; The import of internal combustion engine parts was 2.763 billion US dollars, down 20.82% year on year; The import of generator sets was USD 313 million, down 4.15% year on year. Huacheng's import and export data observation report.

In the export amount, all sub categories except gasoline engine increased year on year. Specifically, from January to August 2022, diesel engine exports reached 743 million US dollars, up 21.14% year on year; The export of gasoline engines was 1.028 billion US dollars, down 17.60% year on year; The export of other complete machines was 1.811 billion US dollars, up 16.84% year on year; The export of internal combustion engine parts was 7.37 billion US dollars, up 8.86% year on year; The export of generator sets was 3.081 billion US dollars, with a year-on-year growth of 23.05%. Huacheng's import and export data observation reported.