Trade Risk Alert
Release time:
2021-01-29 11:18
Source:
On January 27, 2021, the China Association of Automobile Manufacturers, according to the data analysis released by the General Administration of Customs, in December 2020, compared with the previous month, the amount of imports of automotive goods increased slightly, the amount of exports decreased slightly; compared with the same period last year, the amount of imports and exports of automotive goods showed faster growth. For the whole of 2020, the decline in total imports and exports of automotive goods continued to narrow compared to January-November.
In December, imports and exports of auto goods totaled 16.94 billion billion U.S. dollars, up 4.0 percent month-on-month and 29.2 percent year-on-year. Among them, the import value of automobile goods was 9.28 billion US dollars, up 8.8 percent from the previous month and 36.2 percent year-on-year; the export value of automobile goods was 7.67 billion US dollars, down 1.3 percent from the previous month and 21.7 percent year-on-year.
In 2020, the total import and export of automobile goods was US $151.4 billion billion, down 4.0 percent year-on-year. Among them, the import value of automobile goods was 79.15 billion US dollars, down 2.5 percent year-on-year; the export value of automobile goods was 72.25 billion US dollars, down 5.6 percent year-on-year.
In December, a total of 112000 vehicles were imported, up 4.7 per cent from the previous month and 27.3 per cent from the same period last year; vehicle imports amounted to US $6.16 billion billion, up 13.0 per cent from the previous month and 56.3 per cent from the same period last year. Exports of 126000 vehicles, down 1.6 per cent from the previous month and up 15.6 per cent year-on-year, while exports amounted to US $1.73 billion billion, down 4.7 per cent from the previous month and up 13.7 per cent year-on-year.
In 2020, a total of 933000 vehicles were imported, down 11.4 percent year-on-year, while vehicle imports amounted to US $46.7 billion billion, down 4.2 percent year-on-year. A total of 1.082 million vehicles were exported, down 13.2 per cent year-on-year, while exports amounted to US $15.74 billion billion, down 3.6 per cent year-on-year.
In December, auto parts imports amounted to US $3.12 billion, up 1.3 per cent from the previous month and 8.7 per cent year-on-year, while auto parts exports amounted to US $5.94 billion, down 0.3 per cent from the previous month and up 24.2 per cent year-on-year.
In 2020, auto parts imports amounted to $32.44 billion billion, up 0.1 percent year-on-year, while auto parts exports amounted to $56.52 billion billion, down 6.2 percent year-on-year.
Industry Information Department of China Automobile Association
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The company was founded in 1997, currently 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting. The company's process equipment strength, Japan's new east automatic casting line 6, commercial vehicle brake disc automatic casting line 2. There are 56 processing lines -6 full-automatic one-word processing lines and 30 robot processing lines. Packaging cleaning line 5, spraying line 3.
Since the beginning of this year, the price of raw materials has risen sharply, sea freight has soared, and the difficulty of finding a box of shipping space has seriously plagued manufacturing companies. The current power curtailment has made companies even worse. Take our company as an example. Since the power limit in early September, the company's production capacity has dropped by about 50% on average every day. Exports have decreased by 0.02 billion yuan. The performance rate of orders in hand is about 50%. New orders were reduced by 10%. These data are the impact of the current power rationing on enterprises. If the power rationing situation is not alleviated, the impact on enterprises in the fourth quarter will be more serious.
Recently, Yunnan, Jiangsu, Qinghai, Ningxia, Guangxi, Guangdong, Sichuan, Henan, Chongqing, Inner Mongolia, Henan and other places have begun to carry out energy control measures to limit energy consumption.
The total power generation in 021 is not low. In the first half of the year, China's total power generation was 3871.7 billion kWh, twice that of the United States. At the same time, China's foreign trade has grown extremely fast this year. According to data recently released by the General Administration of Customs, in August, the total value of my country's foreign trade imports and exports was 3.43 trillion billion yuan, a year-on-year increase of 18.9 percent, achieving positive year-on-year growth for 15 consecutive months, further showing a steady and solid trend. In the first eight months, the total value of China's foreign trade imports and exports was 24.78 trillion billion yuan, up 23.7 percent year-on-year and 22.8 percent over the same period in 2019.
The impact of the neo-coronary pneumonia epidemic on global supply chains continues, with high international freight rates, container shortages and terminal congestion still unabated, and labor shortages exacerbating the dilemma. The outbreak of the new coronary pneumonia epidemic in 2020, due to the obstruction of international freight, soaring transportation costs, international trade in goods greatly hindered, triggering a supply chain crisis in many countries (regions), since 2021, the new coronary pneumonia virus variant strain raging, so that the supply chain has not yet fully recovered.
Statistics from the China Association of Automobile Manufacturers show that in the first seven months of 2021, China's cumulative automobile exports reached 1.002 million, an increase of 1.2 times year-on-year, but the month-on-month growth was only 9.8 percent, showing a shrinking trend. Moreover, commercial vehicle exports fell 11.6 percent month-on-month, of which new energy commercial vehicle exports fell 57.8 percent month-on-month. It is said that the main reason for the decline in automobile exports is the poor shipping channels.
Product recommend
At present, 4000 a variety of models of automobile brake discs, brake drums with an annual output of 10 million pieces. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
At present, 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
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