China Fastener Exports in 2007 Reached 3.25 Billion US Dollars
Author: ChinaFastener.com
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Date:
2008-9-9
Source: Chinafastener.com
According to statistics, China's import of machinery industries is 9.81 billion US dollars in 2007, an increase of 23.7% over the same period of last year, while the export accounts for 9.837 billion US dollars, up 34.8%. The export volume is slightly larger than that of import, with a surplus of 27 million US dollars.
The export of Standard parts ranks first, reaching 3.25 billion US dollars, an increase of 37.9%; followed by the bearings and the industrial chain, with amount of 1.552 billion and 758 million US dollars, up 25.02% and 17.8 %respectively. The export of seal products reaches 254 million US dollars, an increase of 34.8%.
The import of standard parts is up to 1.851 billion US dollars, up 25.9 %, followed by the bearings, 1.792 billion US dollars, up 21.6%; then the hydraulic components and devices, 1.366 billion US dollars, up 40.7%, lastly, the seal products, 394 million US dollars, up 33%.