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In 2019, The Export Growth Rate Of China'S Textile Machinery Industry Exceeded Imports, And The Endogenous Growth Kinetic Energy Weakened In 2020.

2020/4/1 10:44:00 0

Textile MachineryImport And Export

Under the complex background of rising risks at home and abroad, China's textile machinery industry is under pressure. In 2019 1~12, the main economic indicators of the industry showed a downward trend, but China's textile machinery exports still maintained a slight increase, while imports showed a two digit decline.

In 2019 1~12, the business income of 675 textile machinery enterprises above Designated Size reached 81 billion 952 million yuan, a decrease of 7% compared with the same period in 2018, an increase of 15.82 percentage points lower than that in the same period in 2018. The total assets amounted to 107 billion 229 million yuan, an increase of 4.94% compared with the same period in 2018. The profit pressure of the industry decreased slightly compared with the three quarter of 2019. In 2019 1~12, the total profit of textile machinery enterprises above Designated Size amounted to 5 billion 867 million yuan, 3.60% less than that in 2018, and the operating profit margin was 7.12%, which was 0.38 percentage points lower than that in 2018. The deficit of loss making enterprises was 375 million yuan, a decrease of 8.32% compared with the same period in 2018, a deficit of 14.96%, an increase of 1.59 percentage points over the same period in 2018. In 2019 1~12, the total cost of spinning machinery enterprises above Designated Size amounted to 75 billion 239 million yuan, down 7.35% from the same period in 2018, and the growth rate was 16 percentage points lower than that in the same period in 2018.

In 2019 1~12 months, the key enterprises of the China Textile Machinery Association completed the main business income of 28 billion 455 million yuan, a decrease of 10.39% compared with the same period in 2018, and realized a total profit of 3 billion 969 million yuan, a decrease of 24.17% compared with the same period in 2018. The deficit of deficit companies was 141 million yuan, an increase of 23.69% compared with the same period in 2018, with a deficit of 17.11%. The total cost of key enterprises during the period was 7 billion 215 million yuan, a decrease of 5.73% compared with the same period in 2018, of which the operating expenses were 1 billion 370 million yuan, representing a decrease of 12.70%, accounting for 18.98% of the total cost of the period, and the management cost was 5 billion 121 million yuan, representing a decrease of 4.03% over the previous year, accounting for 70.96% of the total cost of the period, and the financial cost was 725 million yuan. A decrease of 3.19% over the previous year, accounting for 10.04% of the total cost of the period.

According to customs statistics, The total import and export of textile machinery in China in 2019 1~12 was 7 billion 116 million US dollars, down 3.81% compared with the same period in 2018. among Textile machinery imports 3 billion 333 million US dollars, down 10.49% compared with the same period last year, and exports US $3 billion 783 million, an increase of 2.96% over the same period last year. The export growth rate is obviously larger than the import growth rate, and the trade surplus has been maintained in 2019.

In 2019, 1~12 imported textile machinery from 70 countries and regions, with a total import value of US $3 billion 333 million, down 10.49% from the same period last year. 。 The main importing countries and regions of textile machinery are Japan, Germany, Italy, China, Taiwan and Belgium. The trade volume of the top five imports is US $2 billion 777 million, which is 8.65% less than that of the same period in 2018, accounting for 83.31% of total imports.

From the category of imported products , Chemical fiber machinery imports rank first The total imports amounted to US $913 million, an increase of 20.44% compared with the same period in 2018, accounting for 27.39% of the total imports. Driven by downstream demand, chemical fiber machinery continued to maintain import growth.

In 2019, 1~12 exported 3 billion 783 million textile machinery to 192 countries and regions, an increase of 2.96% compared with the same period in 2018. The total amount of exports to India, Vietnam, Bangladesh, Turkey and Indonesia accounts for 53.19% of the total export volume, and is the major country and region for the export of textile machinery in China. Exports to Vietnam still maintained a relatively large growth rate, but the growth rate was somewhat lower than the three quarter of 2019.

According to Customs Statistics In 2019, 1~12 textile machinery exports were divided into large categories: The export volume of knitting machinery was US $1 billion 12 million, an increase of 5.87% compared with 2018, accounting for 26.76%, ranking first, followed by printing and finishing machinery, auxiliary devices and accessories, spinning machinery, weaving machinery, chemical fiber machinery and nonwoven machinery, and seven categories of products five liters and two drops. The export of chemical fiber machinery increased significantly.

2020 is the year of building a well-off society in an all-round way and ending the "13th Five-Year" plan. From the perspective of the global economy, there are no signs of a definite improvement in the factors restricting economic growth. The global new coronavirus epidemic has a certain impact on China's economic development. Demand and production are slowing down, consumption is sluggish, investment is sluggish, and the industry is facing enormous challenges. It will take some time for the economy to recover from full to normal operation. The operation of the industry in recent years is in a gradual recovery stage, but at the same time, in order to alleviate the difficulties brought by the epidemic, the relevant departments of the state and local authorities have issued a number of supportive policies to help boost market confidence. In the long run, the fundamentals of our economy remain stable, and the industry is still resilient. The industry needs to work hard, improve product quality and development capabilities, enhance international competitiveness, and ensure the steady progress of the industry.

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