Outstanding Import and Export of Gear Industry in the First Half Year

www.chinaspv.com: It is learned from CMCA (i.e. China General Machine Components Industry Association) that gear industry does well in its import and export which also becomes the spotlight within industry.

As data shows, total sum of import and export of general machine components industry is 14.141 billion USD, increasing 1.89% year on year. Export of gear industry is 5.794 billion USD with an increase of 3.16%. The former NO.1 exporting component—fastener achieves its export of 2.305 billion USD, which takes up 39.7% and reduces 0.33% year on year. Exported gears are of 2.444 billion USD taking up 42.18% and increasing 8.86% year on year. As for its import, import sum of the first half year is 8.347 billion USD with an increase of 3.16%. Gear import sum is 6.203 billion USD taking up 74.3% and increasing 2.89% compared with the same period of last year. Import sum of fastener is 1.475 billion USD decreasing 3.38% year on year.

Influenced by depressed main machine industry and limited by overseas anti-dumping measures, economic development of general machine components industry in the first six months is slowly increasing which lacks some kind of strength. The data shows that gross output of general machine components industry in the first half year is 155 billion Yuan increasing 2.64% compared with the same period of 2012. Six branches of this industry are out of balance, in which gear industry does best in its development. The rest, which are fastener, chain, spring, powder metallurgy and drive attachment industries, are of normal condition, showing the same level of last year.

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