From January to August 2017, the import value of China's
extruders was US$218.62 million, down 9.4% year-on-year; 694 units were imported, up 29% year-on-year; the export value was US$258.98 million, up 1.6% year-on-year; 10,703 units were exported, down year-on-year. 72.4%.
In August, the import value of China's extruders was US$36.98 million, up 102.1% year-on-year and 3.6% quarter-on-quarter; 122 units were imported, up 154.2% year-on-year and up 60.5% quarter-on-quarter; the export value was US$37.84 million, up 4.5% year-on-year. The chain increased by 1%; the export was 1,263 units, an increase of 9.8% year-on-year and a 26.4% quarter-on-quarter increase. From January to August 2017, the trade surplus of China's extruders was US$40.36 million, an increase of US$26.85 million compared with the same period of last year, an increase of 198.7%.
Import status:
Chart 1 shows that the import value of China's extruders continued to decline from January to June this year, from US$32.49 million in January to June's US$16.51 million, a drop of nearly 50%. In July, as in July last year, the import value of China's extruders increased significantly, but in August it did not drop significantly to August last year, but it increased slightly by 3.6% compared with July.
In August 2017, the import value of China's extruders was US$36.98 million, an increase of 102.1% year-on-year and a 3.6% increase from the previous month. However, due to the large decline in February and March, the import value of China's extruders from January to August 2017. Still lower than the 9.4% in the same period last year, to 218.62 million US dollars.
From Chart 2, in the first eight months of 2017, although the amount of Germany and Japan decreased by 16.6% and 26.8%, it is still the top two imports of Chinese extruders, accounting for 64.2% of the total import value. . The United States ranked third with a high increase of 94.8%, but the import amount is still very different from that of the second Japan.
Export situation:
In August, the export value was US$37.84 million, a year-on-year increase of 4.5% and a quarter-on-quarter increase of 1%. From January to August, the export value of China's extruders was US$25.98 million, up 1.6% year-on-year.
As can be seen from Figure 3, the export value of China's extruders has basically maintained an upward trend since March, reaching a high point in June, a slight decline in July, and a slight increase in August.
Chart 4 statistics show that the top 15 countries/regions of China's extruder exports accounted for 66.3% of the total export volume of extruders. Vietnam surpassed India and ranked first.
In July, the export of extruders to India was US$2.59 million, a decrease of 48.6% year-on-year and a decrease of 49.9% from the previous month. In August, it was US$2.36 million, down 17.6% year-on-year and 8.8% from the previous month.
In July, the export of extruders to Vietnam was 4.58 million U.S. dollars, up 87.6% year-on-year and 11.8% month-on-month. In August, it was 5.04 million US dollars, down 27.9% year-on-year and 9.8% quarter-on-quarter.
In July and August, the export value of China's extruders to Vietnam was much larger than that of India, and Vietnam's Vietnam's growth in August was 9.8%, and India's chain continued to decline.
At present, India began to fall into an unprecedented turmoil in August. Workers’ strikes, riots, and economic situation have turned sharply. At present, they have not been able to achieve a fundamental improvement. India has been the largest exporter of Chinese extruders for many years and will inevitably be affected in the coming months. Vietnam will replace India as the largest exporter of Chinese extruders.
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Import and export comparison:
From January to August 2017, the import value of China's extruders was US$218.62 million, and the export value was US$25.98 million. The trade surplus was US$40.36 million, an increase of US$26.85 million compared with the same period of last year, an increase of 198.7%. .
The main reason for the sharp increase in the trade surplus was that imports from January to August decreased by US$ 22.77 million, or 9.4%, while exports rose slightly by 1.6%.
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