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In 2016, China's import and export of sanitary hardware reached 16.132 billion dollars

Source: Internet Release date: 2017-03-09 15:13:21 Reading volume:

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According to customs statistics, from January to December 2016, China's hardware products industry achieved a total import and export volume of US $116.947 billion, a year-on-year increase of - 6.98%, which is also the first negative growth in the industry in recent years, with a growth rate of 7.73 percentage points lower than the same period last year.

Building materials network 1、 Due to multiple factors, the industry's foreign trade shows negative growth
According to customs statistics, from January to December 2016, China's hardware products industry achieved a total import and export volume of US $116.947 billion, a year-on-year increase of - 6.98%, which is also the first negative growth in the industry in recent years, with a growth rate of 7.73 percentage points lower than the same period last year. Among them, the total export volume was 95.237 billion US dollars, an increase of - 8.53% year on year, down 11.34 percentage points compared with the same period last year; The total import volume was 21.710 billion US dollars, up 0.49% year on year, 8.6 percentage points higher than the same period last year. In 2016, the development of foreign trade in China's hardware products industry encountered great difficulties, and the downward pressure on exports was great. There was a negative growth in nine months of the year. The industry's import trade began to gradually recover in the second half of the year, and the cumulative growth rate throughout the year turned to positive growth.

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2、 Foreign trade of most sub industries has shown negative growth to varying degrees
From January to December 2016, among the sub industries of hardware products, construction hardware, tool hardware bathroom hardware The total import and export volume of the four industries of household hardware is relatively high, accounting for more than 10% of the total. The total import and export volume is US $37.952 billion, US $20.919 billion, US $16.132 billion and US $15.882 billion, respectively.
In the whole industry, only the tool and hardware industry maintained a positive growth of 0.27%, while other industries showed negative growth to varying degrees, including stainless steel tableware The decrease is more than 20%.
   3、 The growth rate of foreign trade in the industry was slightly lower than that of light industry in the whole year
From January to December 2016, the total foreign trade volume of China's light industry increased by -6.59% year on year, and the hardware industry increased by -6.98% year on year, slightly slower than that of the whole light industry. Among them, the export growth rate of light industry is -7.85%, and that of hardware products is -8.53%; The import growth rate of the whole light industry was -0.75%, and that of the hardware industry was 0.49%. The export growth rate of the industry was lower than that of the whole light industry, and the import growth rate was higher than that of the whole light industry.
From the comparison between the growth rate of total foreign trade of hardware industry in each month and that of light industry in each month, we can see that the trend of both is generally similar throughout the year, but the growth rate of foreign trade of hardware industry is higher than that of light industry only in July, August, November and December.
   4、 The trade surplus and growth rate of the industry both fell, but the surplus is still high
China's hardware industry is an export-oriented industry, and export trade plays an important role in the development of the industry. From January to December 2016, the hardware industry achieved a cumulative foreign trade surplus of US $73.527 billion, a decrease of US $8.593 billion compared with the same period in 2015, a year-on-year decrease of 10.46%, and a decrease of 16.64 percentage points compared with the growth rate of the hardware industry trade surplus in 2015. Although the foreign trade surplus of China's hardware industry has expanded year by year in recent years, and the surplus has decreased for the first time this year, the accumulated surplus accounts for 62.87% of the industry's total foreign trade, which still plays an important role in the industry's export earnings.
   5、 The proportion of general trade has declined slightly, but the advantages are still obvious
From January to December 2016, in the export trade of China's hardware products, the total export and import volume achieved by general trade was 81.518 billion US dollars, a year-on-year increase of -10.78%, accounting for 69.71% of the total import and export volume of the industry, a decrease of 2.96 percentage points over the previous year. Among them, the total export volume achieved by general trade was 66.529 billion US dollars, up by -13.16% year on year, accounting for 69.86% of the total export volume of the industry; The accumulative import volume of general trade was 14.989 billion US dollars, up 1.59% year on year, accounting for 69.04% of the total import value of the industry. Although the proportion of general trade mode declined slightly, it accounted for nearly 70%, and the advantage was still obvious. General trade is characterized by a long industrial chain and strong driving capacity. The proportion of general trade exports is high, which is conducive to enterprises to increase export added value and improve their profitability; It is conducive to further optimizing the trade structure of China's hardware industry.
   6、 The import price of hardware products is higher than the export price, and the industry urgently needs to improve the added value of products
In the foreign trade of major hardware products, except Massage bathtub , Plastic Shower Measuring tools drill hole The average import price of most hardware products is higher than the average export price, except for a few kinds of commodities such as tools, needles and button parts. Among them, lighters Saws The import price of parts, drilling tools with diamonds and electric frying pans is more than 10 times the export price, 26.21 times, 16.98 times, 15.22 times and 12.88 times respectively. The obvious price difference points out the direction of efforts to improve the level of added value and market opportunities for hardware industry manufacturing.
   7、 The trade distribution of the industry is still extensive, and the traditional market is relatively stable
At present, China's hardware products industry has a complete range of products, many of which are among the top in the world in terms of output, and occupy a large share in the global market. According to customs statistics, there are eleven categories of hardware products with 241 tax numbers. Exports cover five continents in the world, and they are exported to 230 countries and regions, including the United States, India, Britain, Australia, France, Japan, Brazil, Germany, Canada, Malaysia, and so on. Compared with the same period in 2015, the export trade of 7 regions has decreased. Imports from 167 countries and regions, including Vietnam, the People's Republic of China, South Korea, the United States, Japan, France, Italy, Germany, Indonesia, Hong Kong, decreased by 26 regions compared with 2015, and also increased import trade in 26 regions. The status of China as a major producer of hardware products is constantly strengthening.
In 2016, the foreign trade of hardware products to various markets has declined to varying degrees. However, the decline of bilateral trade in traditional markets such as the United States and the European Union was lower than that of the hardware industry as a whole, while the decline of bilateral trade in emerging markets such as ASEAN, BRICS and countries along the "Belt and Road" was significantly higher than that of the industry as a whole. Although the continuous expansion of emerging markets in recent years has to some extent made up for the sluggish growth of foreign trade in the industry due to insufficient demand in traditional markets, it is not difficult to see from the above table that under the unfavorable global trade environment, traditional markets will be relatively more stable and have a stronger ability to resist risks, However, emerging markets will experience relatively large fluctuations, which are significantly more affected by the international market than traditional markets.
   8、 One quarter of the trade volume of the industry comes from the "Belt and Road"
Most of the 64 countries along the "Belt and Road" strategy proposed by China are emerging and developing countries, covering Central Asia, West Asia, Southeast Asia, South Asia, North Africa and East Africa, and radiating to East Asia and Western Europe. These countries are highly complementary to China's economic development. In 2016, the total trade volume of China's hardware products with countries along the "Belt and Road" was 30.513 billion US dollars, accounting for 26.09% of the total trade volume of hardware products, down 9.26% year on year. Among them, the export volume totaled US $28.523 billion, accounting for 29.95% of the total export volume of hardware products, down 10.49% year on year; The total import volume was 19.894 billion US dollars, accounting for 9.16% of the total import volume, with a year-on-year growth of 13.01%.
Among the exports to countries along the "Belt and Road", Vietnam, India, the Russian Federation and Malaysia have relatively large exports, all exceeding US $2 billion, accounting for 30.92% of the total exports of countries along the "Belt and Road". Afghanistan's exports grew rapidly, with a year-on-year growth of 165.39%; Among the imports to countries along the "Belt and Road", Thailand has a large import volume of 378 million, while Timor Leste and Syria have a rapid growth in imports, which are 6790.06% and 3503.95% respectively.
In 2016, the main hardware products exported to countries along the "Belt and Road" were valve , nails Door and window hardware Accessories water tap Lock , screen, flashlight and other Lighting fixtures shower room Etc; The main hardware products imported from countries along the "Belt and Road" include measuring tools, valves, nails, etc.
The "Belt and Road" covers one third of the world's sovereign countries and involves two thirds of the world's population. Through cooperation with these regions, we can promote the opening up of the central and western regions, promote the industrial upgrading of the eastern region, transfer our excess capacity, and improve the infrastructure of relevant regions. The development of foreign trade in China's hardware industry has added new momentum.

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