Statistics show that China bearing import and export trade deficit hit a record high in 2009
updated: 2012-04-17 0:00:00 hit:1536
In 2009, China exported 26.98 million sets of bearings, earning $ 2.02 billion, down 20.4 percent and 32.04 percent respectively over the previous year, imports of 13.69 million sets of bearings, the use of foreign exchange 2.834 billion U.S. dollars, respectively, compared with last year decreased by 13.29% and increase of 5.23 %, import and export deficit of $ 814 million, a record high.
From the export product composition, the impact of the global financial crisis, tapered roller bearings and bearing parts, foreign exchange earnings decreased by 45.91% and 42.53%, spherical roller bearings, Rolling and rolling element decreased by 37.88%, 36.30 % and 34.74%, and the needle bearing fell 29.76 percent of total exports, 47 per cent of ball bearings fell 24.16 percent, decreased the amount of the smallest cylindrical roller bearings, a decrease of 3.86%.
2009 China's total exports to 181 countries and regions in the world bearing. Over $ 10 million to 35 countries and regions, the export of these 35 countries and regions accounted for 92.7 percent of China's bearing all the export volume of 2009 China's export volume growth of Asian countries and regions, such as Vietnam, Pakistan, Bangladesh, respectively, compared with the previous year grew 67.44%, 43.93% and 42.85%. The top ten of the 35 countries and regions: USA, Japan, Korea, India, Germany, Hong Kong, China, Italy, Singapore, United Arab Emirates, France.
2009 China's imports from 82 countries and regions in the world bearing imported a total of 1.369 billion sets of bearings, use of foreign exchange 2.834 billion U.S. dollars. Constitute a point of view, the ball bearings occupy the total number of imports, but from the amount of foreign exchange point of view, tapered roller bearings and cylindrical roller bearings, the amount of exchange a substantial increase, which indicates that China's policy of stimulating domestic demand prompted the development of major equipment, increasing demand of high-end bearing.
Imports of 82 countries and regions in 18 countries and regions, use of foreign exchange more than $ 10 million, which accounted for 94.29% of the amount of all of the total use of foreign exchange. 18 countries and regions in the top ten are: Germany, Japan, the United States, Sweden, Thailand, Italy, France, Korea, Austria, Singapore.