2016 China's bathroom hardware import and export volume of 16.132 billion US dollars

First, the impact of multiple factors, the industry's foreign trade is negative growth

According to customs statistics, from January to December 2016, China's hardware industry achieved a total import and export volume of goods of US$116.747 billion, a year-on-year increase of -6.98%. This is also the first negative growth in the industry in recent years. The growth rate has decreased by 7.73 compared with the same period of last year. percentage point. Among them: the total export value was 95.237 billion US dollars, a year-on-year increase of -8.53% compared with the same period of last year, a decrease of 11.34 percentage points; the total import value was 21.71 billion US dollars, an increase of 0.49%, an increase of 8.6 percentage points over the same period last year. In 2016, China's hardware products industry encountered great difficulties in the development of foreign trade, and the downward pressure on exports was relatively large. There was a negative growth in the past nine months. The import trade of the industry began to gradually recover in the second half of the year, and the cumulative growth rate in the whole year turned positive. .

Second, most sub-sectors have different degrees of negative growth in foreign trade.

From January to December 2016, among the various sub-industries of hardware products, the total import and export volume of construction hardware, tool hardware, bathroom hardware and daily-use hardware was relatively high, accounting for more than 10% of the total, respectively. US$37.952 billion, US$20.919 billion, US$16.132 billion and US$15.82 billion.

In the whole industry, only the tool hardware industry maintained a positive growth of 0.27%, and other industries experienced different degrees of negative growth, among which stainless steel tableware fell the most, exceeding 20%.

Third, the industry's foreign trade growth is slightly lower than the light industry for 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 grew by -6.98% year-on-year. The growth rate was slightly lower than that of light industry. Among them, the light industry's export growth rate is -7.85%, the hardware industry's export growth rate is -8.53%; the light industry's import growth rate is -0.75%, the hardware industry's import growth rate is 0.49%, and the industry's export growth rate is lower than that of light industry. In the industry, the growth rate of imports is higher than that of light industry.

In the hardware industry, the monthly growth of total foreign trade growth and the change in the total foreign trade volume of the whole light industry are shown in the comparison. The overall trend of the two countries is the same, but the hardware trade growth in the hardware industry is only in the seventh, eighth and tenth. In the first and twelfth months, it was higher than the growth of the all-light industry.

Fourth, the industry trade surplus and growth rate both fell, but the surplus is still high

China's hardware products 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 total foreign trade surplus of 73.527 billion US dollars, a decrease of 8.593 billion US dollars from the same period of 2015, and the surplus decreased by 10.46% year-on-year, which was 16.64 percentage points lower than the growth rate of the trade surplus in the hardware industry in 2015. Although the trade surplus realized by China's hardware industry has expanded year by year in recent years, the surplus has decreased for the first time this year. However, the accumulated surplus in the whole year accounted for 62.87% of the total foreign trade of the industry, and it still plays an important role in the export of foreign exchange.

5. The proportion of general trade has declined slightly, but the advantage is still obvious.

From January to December 2016, in the export trade of hardware products in China, the total import value realized by general trade was US$81.518 billion, a year-on-year increase of -10.78%, accounting for 69.71% of the total import and export volume of the industry, and the proportion decreased by 2.96 compared with the previous year. Percentage points. Among them, the cumulative export volume by general trade was US$66.529 billion, up by -13.16% year-on-year, accounting for 69.86% of the total export value of the industry; the cumulative import volume by general trade was US$14.89 billion, up 1.59% year-on-year, accounting for the total value of the industry. 69.04%. Although the proportion of the general trade pattern has declined slightly, the proportion is close to 70%, and the advantage is still obvious. General trade has the characteristics of long industrial chain and strong driving ability. The high proportion of general trade exports is conducive to enterprises to increase the added value of exports, thereby improving the profitability of enterprises; it is conducive to the further optimization of the trade structure of China's hardware industry.

6. The import price of hardware goods is higher than the export price, and the industry needs to increase the added value of products.

In the foreign trade of major hardware products, except for jacuzzi , plastic showers , measuring tools, drilling tools and needles, button parts, the average import price of most hardware products is higher than the average export price. Among them, the import prices of lighter, saw parts, diamond drilling tools and electric fryers are more than 10 times the export price, which are 26.21 times, 16.98 times, 15.22 times and 12.88 times respectively. The obvious price difference indicates the efforts and market opportunities for the hardware industry to increase the value-added level.

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 full range of products, and the output of many products ranks first in the world, with a large share in the global market. According to customs statistics, there are a total of eleven categories of hardware products, 241 tax numbers. Exports cover five continents and export to 230 countries and regions including the United States, India, the United Kingdom, Australia, France, Japan, Brazil, Germany, Canada, and Malaysia. Compared with the same period in 2015, the export trade has decreased in seven regions. Imports from 167 countries and regions including Vietnam, People's Republic of China, South Korea, the United States, Japan, France, Italy, Germany, Indonesia, Hong Kong, etc., compared with 2015, 26 regions were reduced, and imports from 26 regions were also increased. trading. The status of China's major hardware production countries is constantly strengthening.

In 2016, the foreign trade of hardware products in various markets showed a different degree of decline. However, the decline in bilateral trade in the traditional markets such as the United States and the European Union is lower than that of the hardware industry as a whole, while the bilateral trade declines in emerging markets such as ASEAN, BRIC, and the “Belt and Road” countries are significantly higher than the overall industry. Although the expansion of the scale of emerging markets in recent years has partly compensated for the lack of growth in foreign trade in the industry due to insufficient demand in the traditional market, it is not difficult to see from the above table that in the case of a global trade environment that is not optimistic, Traditional markets will be more stable and more resistant to risks, while emerging markets will experience relatively large fluctuations, which are significantly more affected by the international market than traditional markets.

Eighth, one quarter of the trade volume of the industry comes from the “Belt and Road”

China’s “One Belt, One Road” strategy, most of which are 64 countries along the route are emerging and developing countries, covering Central Asia, West Asia, Southeast Asia, South Asia, North Africa and East Africa, radiating East Asia and Western Europe, these countries and China’s economic development have Very strong complementarity. In 2016, the total trade volume between China's hardware products and the countries along the “Belt and Road” was 30.513 billion US dollars, accounting for 26.09% of the total trade in hardware products, down 9.26% year-on-year. Among them, the total export value was 28.523 billion US dollars, accounting for 29.95% of the total exports of hardware products, down 10.49% year-on-year; the total import value was 19.894 billion US dollars, accounting for 9.16% of total imports, an increase of 13.01%.

Among the exports to the countries along the “Belt and Road”, Vietnam, India, the Russian Federation and Malaysia have relatively large exports, both exceeding US$2 billion. The total exports account for 30.92% of the total exports of the countries along the “Belt and Road”. Afghanistan’s exports grew the fastest, up 165.39% year-on-year; among the countries along the “Belt and Road” countries, the largest import was from Thailand, with imports of 378 million. The faster import growth was in East Timor and Syria. It is 6790.06% and 3503.95%.

In 2016, the main hardware products exported to the countries along the “Belt and Road” include valves , nails, door and window hardware fittings, faucets , locks, wire mesh, flashlights and other lighting fixtures, shower rooms, etc.; imported from the countries along the “Belt and Road” The main hardware products are measuring tools, valves, nails and so on.

“One Belt, One Road” covers one-third of the world's sovereign countries and involves two-thirds of the world's population. By cooperating with these regions, it can promote the opening of the central and western regions, promote industrial upgrading in the eastern region, transfer excess capacity, and improve related The regional infrastructure, China's hardware industry foreign trade development has added new kinetic energy.