China's exports of machinery and equipment exceed Japan’s number three

According to a data report released recently by the German Federation of Machinery and Equipment Manufacturers, global machinery and equipment exports increased by 8% in 2012, reaching 931 billion euros. Among them, Germany accounted for 16.1%, ranking first in the world. The United States ranked second with 12.1%, and China surpassed Japan with 11.2% to third place.

The report also pointed out that the United States is still the world's largest consumer market for machinery and equipment. In 2012, imports increased by 80% compared to 2009. In 2012, the growth rate of China's machinery and equipment imports slowed down, but it still increased by 12%, and its share in the total global market climbed to 8%.

German machinery export

In the first two years, German machinery exports accounted for about 20% of the world's total machinery exports. The machinery and equipment manufacturing industry has been the most employed industry in Germany. According to data from the German Machinery and Equipment Manufacturing Association, in 2010 there were 908,000 people working in the industry with more than 6,000 companies. According to the German Association of Machinery and Equipment Manufacturers, in the first half of 2011, the industry recorded a turnover of 94 billion euros, a year-on-year increase of 18.5%; total exports of 68.9 billion euros, an increase of 18.2% year-on-year, of which 9.325 billion euros were exported to China, accounting for 41.5 of the total. %, China has become Germany's largest market for machinery and equipment exports, with a market share of 13.5%; the number of employed people is 923,000; and equipment utilization rate has risen to 89.9%.

In the 31 product areas of the machinery and equipment industry, German products rank first in the world in 21 sectors and almost all of the world’s top three in the rest of the world. Drive Technology Machinery and equipment, construction machinery and building materials equipment, transmission technology equipment, printing machinery and papermaking technology equipment, machine tools, food and packaging machinery equipment, and civil aviation technology equipment are the top seven mechanical equipment products exported from Germany. The share of total German machinery and equipment exports exceeds 5%.

American Construction Machinery Export

In 2009, the decline in the total value of construction machinery exports in the United States exceeded 38%. In 2010, the total export value of construction machinery industry in the United States increased by 28% compared with the previous year, exceeding US$16.4 billion.

From 2013 to 2015, the contribution of U.S. construction machinery exports to U.S. export growth reached 21%, and 2015 will become the largest U.S. commodity export category.

From 2016 to 2020, the export of construction machinery will account for 25% of total US exports, and the proportion from 2021 to 2030 will reach 26%.

China Construction Machinery Export

In the midrange machinery manufacturing sector, China gradually catches up. China's machinery products are more than 20% cheaper than Germany. After the traditional foundry companies have moved to Southeast Asia, the medium-low-end machinery and equipment required by China has great advantages.

After the rapid growth of exports in 2011, the growth rate of exports has been declining since 2012, especially since the second half of the year. The increase in export volume has decreased markedly, and the export volume in each month has dropped year-on-year in the fourth quarter. The accumulated export volume for the year has dropped from 36.9% in the first half of the year to 14.5%. The sluggish demand in overseas markets began to appear in the construction machinery industry, which will cast a shadow on the export of construction machinery products in the future.

In 2012, the import and export volume of China's construction machinery was USD 24.312 billion, which was 4.13% lower than the same period of 2011. The import amount was 5.691 billion U.S. dollars, down 37.4% year-on-year; the export value was 18.621 billion U.S. dollars, up 14.5% year-on-year, and the trade surplus was 12.929 billion U.S. dollars, an increase of 5.752 billion U.S. dollars.

In 2012, among the major exporting countries, the US exported 1.829 billion U.S. engineering machinery products, including: 1.016 billion U.S. dollars of spare parts and components, 58.76% of the total U.S. exports, and 204 million U.S. dollars worth of non-self-propelled mud, minerals, etc. Accounted for 11.8%; pneumatic tools 151 million US dollars, accounting for 8.73%. Exports of Russian construction machinery products amounted to 1.348 billion U.S. dollars, of which: 257 million U.S. dollars were for loaders, 19.1% of Russia's total exports; 319 million U.S. dollars were used for mining dump trucks, accounting for 13.79%; and 151 million U.S. dollars were for bulldozers, accounting for 11.21%. Exports of construction machinery products in Japan amounted to US$898 million, including US$849 million in parts and components, accounting for 94.54% of the total exports to Japan, and 18.32 million US dollars in road rollers, accounting for 2.04%.

Japan Construction Machinery Export

In 2011, Japan’s industrial machinery export orders amounted to 2,640,400 million yen (about RMB 206.1 billion at the time), an increase of 55.8% from the previous year.

In November 2012, the shipment volume of domestic domestic construction machinery reached 76.9 billion yen (approximately 8.9005 billion U.S. dollars), an increase of 19.5% from the same period of the previous year; exports amounted to 87.7 billion yen (approximately 1.100 billion U.S. dollars), a decrease of 36.7 percent year-on-year. %, a decrease of 6 consecutive months compared with the same period last year and a decrease of more than 10% (32.9%). The main reason for the decline was a sharp decrease in exports to China and Europe.

In April 2013, sales of construction machinery in Japan was 154.7 billion yen, a year-on-year decrease of 14.6%, and it fell for nine consecutive months. Among them, Japan's domestic demand was 53.5 billion yen, a year-on-year increase of 27.6%, and it has increased for 25 consecutive months. Exports of 101.2 billion yen, a year-on-year drop of 27.3%, have declined for 11 consecutive months. Among export equipment, construction cranes (7.8 billion yen, an increase of 31.1% over the previous year), concrete equipment (100 million yen, a year-on-year increase of 16.1%), basic equipment (500 million yen, a year-on-year increase of 13.8%), and 3 types of equipment. The amount of sales increased, and exports of other 7 categories of equipment and components both declined. In addition, in terms of export areas, Japan’s construction machinery in all nine major regions achieved 11.4% growth in North America, and exports to other eight regions declined.