China abrasive tools for metal import and export characteristics?

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yanghuim

Age: 2023
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China abrasive tools for metal aresought after by overseas users because of their good quality and competitive
price. Nowadays, the export of metal grinding tools is increasing. So what are
the characteristics of China abrasive tools for metal in recent years?
1. The export growth rate of metalgrinding tools for the fifth consecutive year is higher than that of mechanical
and electrical products. Although the import and export trade of engineering
and lifting machinery in China accounts for a low proportion of China's import
and export of mechanical and electrical products, accounting for about 2%, the
import and export of engineering and lifting machinery is mainly based on
general trade, and the proportion of processing trade is relatively low.
2. Metal grinding tools have a tradesurplus. The import and export trade of engineering and lifting machinery was a
deficit before 2004. In 2005, the trade surplus began to be realized, and the
trade surplus increased year by year.
3. Manufacturers of metal grinding toolspurchase parts globally. At present, China's accessory parts industry is still
unable to meet the needs of machine manufacturers, especially in core
components such as engines and hydraulic systems. Therefore, some
financially-savvy companies recognize their own shortage of existing supply
chains, actively cooperate with international top-selling suppliers, and use
global procurement to improve the quality of the whole machine and seize the
international market share.
Posted 30 Nov 2018

Posted 26 Jun 2020

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