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        China's plastic rolling machine exports maintain stability and imports significantly decrease

        2023-06-12

        China's plastic rolling machines (customs code 84774020) have exported a total of 923 units, with an amount of 9.46 million US dollars, a year-on-year decrease of 11.5% and 0.5% respectively; During the same period, a total of 118 units were imported, with a total amount of 27.63 million US dollars, a year-on-year decrease of 33.3% and 41.3% respectively, resulting in a trade deficit of 18.17 million US dollars.


        Both export and import markets are relatively concentrated, with India and Indonesia accounting for 60% of the export market, while Italy monopolizes 60% of the import market. China exported 126 and 18 plastic rolling machines to India and Indonesia, respectively, a year-on-year decrease of 15.4% and 18.2%. The export value was 2.95 million US dollars and 2.68 million US dollars, respectively, a year-on-year increase of 100.7% and 81.9%. During the same period, the export value to the top eight export markets also showed a significant upward trend. China imported 17 plastic rolling machines from Italy (-45.2%), with a total amount of 16.01 million US dollars (-33%). Secondly, 12 units (42.9%) were imported from Germany, with a total amount of 3.9 million US dollars (-60%). It is worth noting that imports from the third ranked South Korea increased by 27.3% to 28 units, with a sharp increase of 216.9% to 2.28 million US dollars. From the perspective of the source of export goods in China, Jiading County, Shanghai ranked first with the import volume of 4 sets (+33.3%) and a total of 3.19 million US dollars (+272.5%), followed by Minhang District, Shanghai, with the import volume of 1 set, which was 780000 US dollars, the same as last year; Guangdong Foshan imported 18 units (+20%), with a total amount of 610000 US dollars (+560.9%).


        Wuhan, Xinxiang, Henan, and Shenyang are among the top three domestic import destinations, with 7 imported from Wuhan, totaling 6.43 million US dollars, both showing a significant increase year-on-year. The import volume and total amount of the latter two remain the same as last year.


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