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In the first half of 2021: my country's injection molding machine and extruder exports increase faster than imports

Release time:

Aug 11,2021

In recent years, under the promotion of national policies and industrial development, my country’s plastic machinery industry has made breakthroughs in the plastic raw materials, plastic processing industry, and plastic recycling industries. The export capacity of the plastic machinery industry has continued to increase. At the same time, the import of high-end plastic machinery products will Gradually replaced by domestic products, the number of imported products and the amount of imports gradually decreased. 　　According to the data released by the General Administration of Customs, the import volume of my country's plastic machinery products showed a downward trend in 2016-2019. Since 2016-2019, the export volume of my country's plastic machinery industry has continued to increase. Affected by the increase in the number of exported products, the export value of my country's plastic machinery industry has also shown an upward trend every year. From 2016 to 2019, the export value of my country's plastic machinery industry increased from US$2 billion to US$2.708 billion in 2019, with an average annual compound growth rate. Is 10.63%. 　　According to a calculation report of the German Engineering Federation, in 2020, China's total exports of 165 billion euros accounted for 15.8% of the global machinery and engineering trade. The total value of German exports of mechanical equipment and engineering is 162 billion euros. China surpassed Germany to top the list of world machinery and equipment engineering exports, which means that Germany is no longer the world's most important machinery and equipment trade exporter. Ulrich Ackerman, the head of foreign trade of the German Engineering Federation, said in a report: The economic recovery plan can ensure that the exports of machinery and equipment from Germany and other European countries will increase again in 2021, but China still has an advantage in the long-term trend. 　　 At present, the big wave of manufacturing transformation and upgrading is re-release of huge potential energy. The continuously accelerating industrial structure upgrading, 5G, industrial Internet, artificial intelligence and other new technologies promote high-quality development, making high-end manufacturing the main force of China's manufacturing. Zhu Hong, a senior statistician at the Department of Industry of the National Bureau of Statistics, said that the profits of industrial enterprises grew steadily and rapidly in the first half of the year. Profits of high-tech and equipment manufacturing industries maintained rapid growth. 　　Take the export of plastic machinery from mainland China as an example: 　　Recently, according to statistics from the General Administration of Customs, the total value of imports and exports of 12 key tariff lines for plastic machinery in China in the first half of 2021 was nearly US$2.88 billion, a year-on-year increase of 49%. Among them, imports amounted to 1.107 billion US dollars, a year-on-year increase of 40%, and the growth rate was further higher than the previous five months; exports were 1.773 billion US dollars, a year-on-year increase of 55%, and the growth rate was slightly narrower than the previous five months; the trade surplus was about 666 million US dollars , An increase of 90% year-on-year. In terms of product breakdown, except for the imports of other blow molding machines under 84773090 and plastic calendering machines under 84774020, which decreased by 25% and 20% year-on-year, the import and export values of other 10 key tariff lines showed rapid growth. The growth rate of exports of injection molding machines and extruders was higher than that of imports. Among them, exports of injection molding machines increased by 70% year-on-year, exports of plastic pelletizers increased by 56% year-on-year, and exports of extrusion blow molding machines increased year-on-year 23%, and the export value of injection blow molding machines increased by 25% year-on-year. 　　 In terms of export distribution, in the first half of 2021, the amount of China's plastic machinery exports to all continents continued to maintain an overall rapid growth. Among them, the year-on-year growth rates of exports to Brazil and Russia are as high as 147% and 85%. 　　 This article was compiled and published by Plastic Machinery Network (www.86pla.com), source of resources: 21st Century Business Herald, General Administration of Customs, Qianzhan Industry Research Institute

　　According to the data released by the General Administration of Customs, the import volume of my country's plastic machinery products showed a downward trend in 2016-2019. Since 2016-2019, the export volume of my country's plastic machinery industry has continued to increase. Affected by the increase in the number of exported products, the export value of my country's plastic machinery industry has also shown an upward trend every year. From 2016 to 2019, the export value of my country's plastic machinery industry increased from US$2 billion to US$2.708 billion in 2019, with an average annual compound growth rate. Is 10.63%.

　　According to a calculation report of the German Engineering Federation, in 2020, China's total exports of 165 billion euros accounted for 15.8% of the global machinery and engineering trade. The total value of German exports of mechanical equipment and engineering is 162 billion euros. China surpassed Germany to top the list of world machinery and equipment engineering exports, which means that Germany is no longer the world's most important machinery and equipment trade exporter.

Ulrich Ackerman, the head of foreign trade of the German Engineering Federation, said in a report: The economic recovery plan can ensure that the exports of machinery and equipment from Germany and other European countries will increase again in 2021, but China still has an advantage in the long-term trend.

　　 At present, the big wave of manufacturing transformation and upgrading is re-release of huge potential energy. The continuously accelerating industrial structure upgrading, 5G, industrial Internet, artificial intelligence and other new technologies promote high-quality development, making high-end manufacturing the main force of China's manufacturing. Zhu Hong, a senior statistician at the Department of Industry of the National Bureau of Statistics, said that the profits of industrial enterprises grew steadily and rapidly in the first half of the year. Profits of high-tech and equipment manufacturing industries maintained rapid growth.

　　Take the export of plastic machinery from mainland China as an example:

　　Recently, according to statistics from the General Administration of Customs, the total value of imports and exports of 12 key tariff lines for plastic machinery in China in the first half of 2021 was nearly US$2.88 billion, a year-on-year increase of 49%. Among them, imports amounted to 1.107 billion US dollars, a year-on-year increase of 40%, and the growth rate was further higher than the previous five months; exports were 1.773 billion US dollars, a year-on-year increase of 55%, and the growth rate was slightly narrower than the previous five months; the trade surplus was about 666 million US dollars , An increase of 90% year-on-year.

In terms of product breakdown, except for the imports of other blow molding machines under 84773090 and plastic calendering machines under 84774020, which decreased by 25% and 20% year-on-year, the import and export values of other 10 key tariff lines showed rapid growth. The growth rate of exports of injection molding machines and extruders was higher than that of imports. Among them, exports of injection molding machines increased by 70% year-on-year, exports of plastic pelletizers increased by 56% year-on-year, and exports of extrusion blow molding machines increased year-on-year 23%, and the export value of injection blow molding machines increased by 25% year-on-year.

　　 In terms of export distribution, in the first half of 2021, the amount of China's plastic machinery exports to all continents continued to maintain an overall rapid growth. Among them, the year-on-year growth rates of exports to Brazil and Russia are as high as 147% and 85%.

　　 This article was compiled and published by Plastic Machinery Network (www.86pla.com), source of resources: 21st Century Business Herald, General Administration of Customs, Qianzhan Industry Research Institute