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International comparison of import and export trade of mechanical in 2016
According to data released by the world trade organization, global trade in goods totaled about $32.2 trillion in 2016, down 3.2 percent year on year, down by about 9.5 percentage points from 2015 (down 12.7 percent).Of that, exports were $16.0 trillion, down 3.2 percent, and imports of $16.2 trillion, down 3.1 percent.China's exports was $2.1 trillion, about 13.2% of global share, imports of $1.6 trillion, accounts for about 9.8% of global share, our country has been eight years in a row to maintain the world's largest goods exporter and second largest importer.
1. The global trade in mechanical and electrical products has recovered slowly The decline in imports and exports of mechanical and electronic products has narrowed. According to the Global Trade Atlas (GTA) data, in 2016, the import and export of mechanical and electrical goods in the world was about $14.9 trillion, down 1.1 percent from the same period last year, a decrease of 4.1 percentage points from 2015.Exports were about $7.3 trillion and imports were about $7.6 trillion.From 2001 to 2016, the global trade of mechanical and electronic products average annual growth of 6.0%, 2009 years before the financial crisis, the world trade including mechanical and electrical trade growth is generally higher than that of the global economic growth, is the main driver of global growth, but due to the financial crisis and post-crisis trade inverse influence factors such as globalization, world trade growth has been below the global economic growth after 2012 and the downward trend intensified, mechanical and electronic trade performance is slightly better than trade in goods, but on the whole is on a downward interval. 2016 years ago in the third quarter, the major economies performed below expectations and the shortage of new motivation factors, the global electrical and mechanical trade growth lag, entering the fourth quarter of 2016, as the global economic recovery moderate speed, mechanical and electrical trade has stabilized, gradually out of the trough, and the main leading indicators have shown positive future expectations. China's trade in mechanical and electrical products has been the world's largest for seven consecutive years. In 2016, China's mechanical and electrical products trade to $2 trillion, for seven consecutive years ranked first, fell by 5.9%, to 13.5% of the total share of global mechanical and electrical products trade, declined by 14.1% over the previous year's 14.1%. At the same time, developed economies mechanical and electrical products trade is about $9.5 trillion, an increase of 0.5%, higher than 5.6% in 2015, accounting for 63.5% of global trade of mechanical and electronic products (year-on-year increase of 1.0%);The volume of machinery and machinery in emerging economies was about $5.4 trillion, down 3.9% (1.5 percentage points from the previous year). In the major markets, the volume of U.S. machinery and electronic products trade was $1.9 trillion, down 2.0%, accounting for 12.6% of the world's total.Germany's $1.3 trillion is up 2.3 percent, accounting for 8.6 percent of the world's electromechanical trade.China, the United States and Germany account for about 34.7 percent of the global trade in mechanical and electrical trade.The volume of Japanese machinery and electrical products reached us $6657.4 billion, up 3.5% (up from 12.2% a year ago), accounting for 4.4% of the global total.The decline in mechanical and electrical products in South Korea was larger, with trade volume of us $505.68 billion, down 5.3 per cent (0.9 per cent last year), accounting for about 3.4 per cent of the global trade in mechanical and electrical products.
Ii. Overview of global export trade of mechanical and electrical products Global exports of mechanical and electrical products shrank, accounting for a small increase in trade in goods. In 2016, the export volume of mechanical and electrical products in the world was $7.28tn, a small decline, accounting for 45.6% of the world's exports of goods and exports, 0.9 percentage points higher than the previous year.After the global financial crisis in 2009, mechanical and electrical products export slowdown, overall a downward trend, but goods export proportion is on the rise since 2012, suggest that the downturn in the global trade environment, mechanical and electrical products trade situation is still better than that of the global trade in goods overall performance.Over the same period, China's mechanical and electrical products exported 1233.79 billion us dollars, down 6.8 percent, and the international market share was 16.9 percent, 1.1 percentage points less than the previous year. Most countries (regions) export growth, and some key market recovery will take time. Overall, the export of mechanical and electrical products in most countries of the world in 2016 has grown.Of the 69 countries (regions) focused on by the electromechanical chamber of commerce, 40 export growth, but only 49.4 per cent of global exports. In terms of regional distribution, German, French, Dutch and Italian mechanical and electrical exports of major European countries increased by 1.6%, 0.9%, 2.4% and 1.4% respectively.In Asia, Japan's exports increased by 4.6%, accounting for 5.9% of the international market.China and South Korea saw their exports fall by 6.8%.India's exports fell slightly, by 1.1%.Exports in North America returned to growth of just 0.4 per cent, while us and Mexican exports fell 3.1 per cent and 1.5 per cent respectively.Brazil, a major exporter of Latin America, was driven by exports of ships, and exports of mechanical and electrical products rose significantly (9.3%). The top five categories of mechanical and electrical products accounted for more than half of the total, and most of them grew. Before 2016, global exports five types of mechanical and electronic products for the automotive and key-module respectively, zero accessories, electronic components, agricultural machinery, and electrical equipment, communications equipment and spare parts in total exports accounted for 54.8% of global exports of mechanical and electronic products. Automobile and its key-module, zero accessories: global exports to $1.5 trillion, increased by 2.4%, up 7.5% from a year earlier, China's exports of $59.37 billion, down 2.0%, accounting for the international market share is only 4.0%, fell 0.1% from a year; Electronic components: global exports of $713.65 billion, up 0.5%, up 1.1 percentage points from the previous year, of which China exported 11.020.6 billion U.S. dollars, down 14.6%, accounting for a 2.8 percent decline in international market share. Agricultural machinery: global exports of $657.98 billion, an increase of 0.1%, up 8.8% on the previous year, with China's exports of $53.94 billion, down 2.3%, accounted for 8.2% of global market share fell 0.2% from a year; Communications equipment parts: global exports of $567.59 billion, down 3.5%, fell 6.2% from a year, including China's exports of $216.72 billion, fell by 4.8%, 38.2%, international market share fell 0.5% from a year; Electrical equipment: global exports of $551.93 billion, an increase of 0.2%, up 6.5% on the previous year, China's exports and $99.84 billion, down 2.8%, accounted for 18.1% of global market share dropped by 0.5%. Exports in more than $100 billion of the world's other mechanical and electrical products and automatic data processing equipment ($489.65 billion, down 5.6%), instruments and meters ($406.07 billion, down 2.6%), a mechanical components ($311.61 billion, down 2.7%), aviation spacecraft (us $285.91 billion, up 2.0%), shipping, Marine equipment and its zero accessories (us $247.42 billion, down 5.7%), household appliances (us $236.58 billion, up 1.6%), daily machinery (us $223.25 billion, down 6.0%), engineering machinery (us $148.32 billion, down 8.2%) and consumer electronics products ($114.8 billion, down 6.0%).
3. Overview of import of mechanical and electrical products worldwide The import of mechanical and electrical products in China accounted for a small decline in global market share In 2016, the import of mechanical and electrical products in the world was about $7.6 trillion, a slight decrease from 2015.Similar to exports, global imports of mechanical and electrical products grew at the same rate after the 2009 financial crisis, with a narrower decline in 2016.In 2016, the import volume of mechanical and electrical products in China was $775.03 billion, down 4.4 percent, accounting for 10.1% of the global import market for mechanical and electrical products, a decrease of 0.4 percentage points from 2015 and the 11th consecutive year in the world. The import of mechanical and electrical products of developed economies is superior to that of emerging markets In 2016, the import of mechanical and electrical products in advanced economies was 4.7 trillion dollars, up 1.1 percent, and emerging economies imported $3.0 trillion, down 4.4 percent.In the major importing countries (regions), the United States ranked first in imports of $1.1 trillion, down 1.2%, or 14.9%, in line with 2015.German imports were $488.82 billion, up 3.5 percent, or 6.4 percent, up 0.3 percentage points.Hong Kong imports $3727.0 billion, up 1.0 percent, accounting for 4.9 percent, up 0.1 percent.Britain imports $276.46 billion, down 1.5%, or 3.6%, unchanged from 2015.France imports $261.39 billion, up 4.8 percent, or 3.4 percent, up 0.2 percent.Japan's imports rose 1.3 percent, or 2.9 percent, to $222.68 billion, up 0.1 percent.Mexico imports $222.49 billion, down 1.4 percent, or 2.9 percent, unchanged from 2015.Canada imports $209.65 billion, down 2.8%, accounting for 2.7%, unchanged from 2015.The Netherlands imports $209.62 billion, up 1.6 percent, accounting for 2.7 percent, up 0.1 percent.
China's share of major imports has risen and fallen
In 2016, China's share of major import markets has fallen from the previous year.China accounted for 26.5% of the market imports of mechanical and electronic products in the United States, declining 0.6 percentage points, and continued to maintain the largest source of imports in the United States.The German market share rose to 10.6% from 10.5% in the previous year, and the second year in a row was Germany's largest import source of electromechanical products.The UK market share was 12.5 per cent, down 0.2 percentage points from the previous year and was the third largest source of imports in the UK.Japan's market share was 40.5 percent, down 1.1 percentage points from 2015, the first in Japan's import market, and nearly three times as many as the second largest import source in the United States (14.5 percent).South Korea's market share of 29.7 percent, down 0.8 percent from the previous year, remains the largest source of imports for South Korea.Of Russia market share of 28.6%, up 3.1% on the previous year, accounted for 23.7% of Brazil's market share fell by 1.0%, 9 years in a row for Brazil and Russia first largest source of import of mechanical and electronic products;India's market share rose 1.7 per cent from a year earlier to 38.2 per cent, or 3.4 times the number of India's second-largest imports.South Africa's market share was 25.7%, down 0.7 percentage points from the previous year.