China's imported metalworking machine tools will be less than 10 billion US dollars

Abstract Introduction: According to the latest statistics of the General Administration of Customs of China, in 2013, China imported 75,637 metal processing machine tools, down 31.2% year-on-year. It is estimated that China's imported metal processing machine tools will be less than 10 billion US dollars in 2014, and may even be less than 9 billion US dollars,...
REVIEW: According to China General Administration of Customs statistics, in the year 2013, Chinese imports of metalworking machine tools 75637 units, down 31.2% year on year. It is estimated that China's imported metal processing machine tools will be less than 10 billion US dollars in 2014, and may even be less than 9 billion US dollars. The proportion of high-end machine tools will further increase.

Trade Competitiveness Index TC Index can reflect the competitiveness of a country's products in the international market. The closer the index is to 1 the stronger the competitiveness, the equivalent of 1 means that the industry only exports and not imported; the closer the index is to -1 the weaker the competitiveness When it is equal to -1, it means that the industry only imports and does not export; when it is equal to 0, it indicates that the competitiveness of the industry is at an intermediate level. Let's analyze the TC index of various machine tools.

In the field of metalworking machine tools, Japan has the strongest trade competitiveness. The TC index is basically above 0.8. It declined in 2009 and then continued to climb. It is currently around 0.9. The financial crisis has little effect on the competitiveness of German metal processing machine tools. In 2009, the TC index reached 0.53, which is currently above 0.5, which is 0.1 points higher than before the crisis. The trade competitiveness of metalworking machine tools in the United States increased after the crisis. In 2010, the TC index was -0.07, but after 2011, with the sharp increase in imports, the TC index fell again. The trade competitiveness of China's metal processing machine tools has been adversely affected by the financial crisis. It has continued to decline since 2009 and is now close to -0.7.

According to the latest statistics of the General Administration of Customs of China, in 2013, China imported 75,637 metal processing machine tools, down 31.2% year-on-year. The import value was US$10.985 billion, down 26% year-on-year. The average unit price per unit was US$133,500, an increase of 8.2% year-on-year. It shows that the proportion of imported high-end machine tools in China has increased.

Statistics show that in December, China imported 5,837 metal processing machine tools, an increase of 18.3%. Imports were US$668 million, a decrease of 20.2% from the previous month. The average unit price was $114,400, a decrease of 32.5% from the previous month.

According to statistics, in the first half of 2013, China imported 5.251 billion US dollars of metal processing machine tools, and the import volume in the second half was 4.848 billion US dollars. It is estimated that China's imported metal processing machine tools will be less than 10 billion US dollars in 2014, and may even be less than 9 billion US dollars. The proportion of high-end machine tools will further increase.

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