CNC cutting machine tool industry import and export volume for six consecutive months of double growth

According to customs statistics, in the first quarter of this year, China's machinery industry import and export totaled 135.076 billion US dollars, an increase of 39.6%. Among them, imports were 66.508 billion US dollars, up 47.01% year-on-year; exports were 68.568 billion US dollars, up 33.01% year-on-year. The import and export trade surplus was 1.06 billion US dollars. In the first quarter of the year, the import and export of CNC cutting machine tools industry was 4.958 billion US dollars, up 33.3% year-on-year, and has been growing for 6 consecutive months. Among them, imports were 3.485 billion US dollars, up 33.94% year-on-year; exports were 1.473 billion US dollars, up 31.64% year-on-year. The trade deficit between import and export was US$2.012 billion, a deficit of US$1.632 billion from the same period of the previous year, an increase of US$480 million. In the first quarter of this year, metal processing CNC cutting machine tools imported 21,500 units, 2.007 billion US dollars, an increase of 24.28% year-on-year; exports 476 million US dollars, an increase of 19.68%. Among them: CNC cutting machine imports 4,358 units, 806 million US dollars, an increase of 7.23%; exports 5,129 units, 101 million US dollars, an increase of 50.49%; processing center imports 7573 units, 779 million US dollars, an increase of 74.41% year-on-year; exports 188 units, 17.738 million US dollars, the amount decreased by 14.47%; combined CNC cutting machine imports 197 units, 40.113 million US dollars, the amount decreased by 56.19%; exports 732 units, 2.207 million US dollars, the amount decreased by 13.69%. In the first quarter of this year, the import and export situation showed three characteristics: First, although the export of the whole industry increased, it still did not reach the same level before the 2008 financial crisis. Compared with the same period in 2011, exports in the first quarter of 2012 were $152 million less than exports in the first quarter of 2011 ($2.725 billion), so they are still recovering. Second, the export of CNC cutting machine tools has increased greatly, but the structure has not improved. The export value of CNC cutting machine tools in the first quarter of this year increased by 50.49% year-on-year, but the average unit price was only 21,800 US dollars, lower than the first quarter of 2011, 18,300 US dollars. It shows that the structure of export products has not improved, and the gap has been widened. Third, the import of processing centers has grown at a high speed, and major changes have occurred in demand. In the first quarter of this year, imports reached 797 million U.S. dollars, a year-on-year increase of 74.41%, and the growth rate was rapid. However, the average unit price was only $102,900, which was much lower than the $11.86 million in the first quarter of 2011, indicating a major change in the structure of imported products.

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