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Import and Export Data of Internal Combustion Engine Industry

Dec 16, 2022 | Industry Company Dynamics | 0 comments

Since this year, China’s foreign trade imports and exports to overcome the external environment tightening, the epidemic short-term impact and many other adverse effects, still maintained a good development trend, the first eight months of the cumulative growth rate of nearly 10%. According to the General Administration of Customs disclosed that, in U.S. dollars, 2022 January-August, China’s total import and export value of $ 419.416 billion, an increase of 9.5%. Among them, exports of $ 237,570 million, up 13.5%; imports of $ 1,815,445 million, up 4.6 %; trade surplus of $ 560.52 billion.

As the internal combustion engine industry by the impact of international trade and the characteristics of their own enterprise scale, its import and export performance is not as good as the overall national situation, but the overall more stable and positive trend. 1-August total imports and exports of internal combustion engine industry 19.912 billion U.S. dollars, an increase of -0.91%, (up 0.3 percentage points from January to July) of which, imports of 5.880 billion U.S. dollars, an increase of -20.65 % (0.93 percentage points higher than January-July), exports of $ 14.032 billion, an increase of 11.01% (0.38 percentage points lower than January-July)

In the amount of imports, each subdivision type is a year-on-year decline, especially the gasoline engine fell more. Specifically: January-August 2022 diesel engine imports 612 million U.S. dollars, up -7.55%; gasoline engine imports 452 million U.S. dollars, up -47.17%; other types of complete machine imports 1.740 billion U.S. dollars, up -16.19%; internal combustion engine parts imports 2.763 billion U.S. dollars, up -20.82%; generator sets imports 313 billion, an increase of -4.15% year-on-year.

In the export value, all subtypes except gasoline engines have increased year-on-year. Specifically: January-August 2022 diesel engine exports 743 million U.S. dollars, up 21.14%; gasoline engine exports 1.028 billion U.S. dollars, up -17.60%; other types of complete exports 1.811 billion U.S. dollars, up 16.84%; internal combustion engine parts exports 7.370 billion U.S. dollars, up 8.86%; generator sets exports 3.081 billion, an increase of 23.05% year-on-year.

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