Most popular 2005 import and export of industrial

2022-08-07
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Analysis on the import and export of industrial control products in Chinese Mainland from 2005 to 2007

according to the catalogue of import and export commodities of the General Administration of customs, there are 27 kinds of industrial control products, which can be roughly divided into three categories: control computers, control components and detection control instruments. According to customs import and export statistics, China also benefited from the huge investment of its large companies. The total import and export value of industrial control products in Chinese Mainland was US $8.653 billion in 2005, rising to US $14.957 billion in 2007. Among them, the import value increased from US $4.789 billion in 2005 to US $8.901 billion in 2007, with a compound annual growth rate of 36.3%. The export value increased from US $3.864 billion in 2005 to US $6.056 billion in 2007, with a compound annual growth rate of 25.2%. An obvious feature of import and export is that the import volume is much larger than the export volume, showing a large deficit. The trade deficit in 2005 was 925million US dollars, and reached 2.845 billion US dollars in 2007. As the annual growth rate of import value is much higher than that of export value by more than 10 percentage points, the import and export deficit has expanded year by year (see Figure 1)

among the imported industrial control products in 2007, as a kind of printing material, the imported control parts were the main part, and the foreign exchange used was US $5.126 billion, accounting for 57.6% of the total import amount; The use of foreign exchange for imported testing and control instruments was US $3.156 billion, accounting for 35.5% of the total import amount; 72800 sets of import control computers, with foreign exchange of USD 619million, accounting for 6.9% of the total import amount (see Table 1)

among the $5.126 billion of imported control components, the import value of various controllers was $2.043

billion, accounting for 39.8% of the total imported control components; The import value of other control devices was $1.698 billion, accounting for 33.1% of the total import value of control components; The import value of circuit protection devices is 710million US dollars, accounting for 13.9% of the total import value of control components; The import value of semiconductor modules is 675million US dollars, accounting for 13.2% of the total import value of control components

among the industrial control products exported in 2007, there were 2.32 million export control computers, with an export amount of 1.33 billion US dollars, accounting for 22.0% of the total export; Export control components amounted to USD 3.145 billion, accounting for 51.9% of the total export volume; The export of testing and control instruments amounted to USD 1.581 billion, accounting for 26.1% of the total export (see Table 1). The static strength demand stage (1906-1959)

among the export control components, the larger export value is also various controllers, which is USD 1.273 billion, accounting for 40.5% of the total export control components. This was followed by other control devices, amounting to US $1071million, accounting for 34.0% of the total export control components. The export value of circuit protection devices is 713million US dollars, accounting for 22.7% of the total export control components. The export value of semiconductor modules was US $88million, accounting for 2.8% of the total export control components

as the development of industrial control products in Chinese Mainland is relatively late, and various industries are in the process of industrial structure adjustment and product technology upgrading, a large number of control systems are required for the technological transformation, production automation and enterprise informatization of traditional industrial enterprises. It is estimated that the import and export of industrial control products in Chinese Mainland, especially the import, will continue to grow rapidly in 2008, with an import amount of more than 10billion US dollars and an export amount of nearly 7billion US dollars, The trade deficit will exceed $4billion (see Figure 1)

Figure 1: growth of import and export volume of industrial control products in Chinese Mainland in and forecast for 2008

Table 1: composition of import and export amount of industrial control products in Chinese Mainland from 2005 to 2007 and forecast for 2008

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