Machinery / Industrial Parts & Tools

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 maintained a good development trend, with a cumulative growth rate of nearly 10% in the first eight months. According to customs data, the total value of China's imports and exports from January to August 2022 is 4191.416 billion US dollars, up 9.5%. According to the customs data, the export was 2375.97 billion US dollars, up 13.5%; Imports reached USD 1815.445 billion, up 4.6%; The trade surplus was US $560.52 billion.

Due to the influence 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.

According to customs data, the total import and export volume of internal combustion engine industry from January to August was 19.912 billion US dollars, down 0.91% year on year (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).

According to customs data, 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.

According to the customs data, in the export amount, all sub categories except gasoline engines 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%.