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Homepage > News center > In the first half of 2020, bearing import will rise against the trend, and high-end manufacturing industry will grow vigorously

In the first half of 2020, bearing import will rise against the trend, and high-end manufacturing industry will grow vigorously

Release time：2020-08-22

Summary：In the month of June 2020, China's Bearing imports remitted 368 million US dollars, an increase of 10.13%, an increase of 34.64% over the same period last June and an increase of 26.47 percentage points from the previous month (8.17%). The number of imported bearings completed 191 million sets, with a month on month increase of 3.74%, a year-on-year increase of 26.61% over June last year and a growth rate of 22.61 percentage points compared with the increase of 4% in the previous month;

        "In June 2020, China's foreign exchange for bearing imports reached 368 million US dollars, a month on month increase of 10.13%, a year-on-year increase of 34.64% compared with the same period in June last year, and an increase of 26.47 percentage points compared with the growth rate of 8.17% last month. The number of imported bearings completed 191 million sets, with a month on month increase of 3.74%, a year-on-year increase of 26.61% over June last year and a growth rate of 22.61 percentage points compared with the increase of 4% in the previous month;


        As of June 2020, China's total import foreign exchange use reached 1.907 billion US dollars, an increase of 12.37% over the same period last year. Compared with 8.1% of the previous month, the import of bearings was 1.151 billion sets, an increase of 15.31% over the same period of last year, and 2.02% higher than the 13.29% of last month;


        "From the perspective of imported bearing categories, the foreign exchange consumption of tapered roller bearings increased by 45.98% year-on-year, becoming the main force to pull the import of bearings, followed by bearing parts, with a year-on-year increase of 25.3%, that of other ball bearings increased by 23.24%, that of cylindrical roller bearings increased by 15.39%, and that of self-aligning roller bearings increased by 13.73%. It is not difficult to see that under the new situation, bearing market structure is undergoing great changes.


        From the perspective of importing countries, Japan's import use of foreign exchange reached 490 million US dollars, ranking the first with a year-on-year increase of 4.61%, and the second was Germany, which ranked the second with a growth rate of 28.31%. Surprisingly, for the first time, the foreign exchange of imported bearings from Taiwan reached 137 million US dollars, ranking the third, with an astonishing 346% year-on-year growth. It shows that with the adjustment of China's economic structure, great changes are taking place in the national market of bearing mouth.

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