China's export growth rate to the United States fe

2022-08-13
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The growth rate of China's exports to the United States fell to single digits for the first time in seven years

the growth rate of China's exports to the United States fell to single digits for the first time in seven years

China Construction machinery information

Guide: the analysis report recently released by the General Administration of Customs of China pointed out that the growth rate of China's exports to the United States has slowed significantly this year, falling to single digits for the first time in nearly seven years. According to customs statistics, China's exports to the United States in the first half of the year were 116.79 billion US dollars, an increase of 8.9% year-on-year, far lower than China's overall foreign trade exports of 21.8% in the same period

the analysis report released by the General Administration of Customs of China recently pointed out that the growth rate of China's exports to the United States has slowed down significantly this year, falling to single digits for the first time in nearly seven years

in order to promote the development of aluminum based new materials industry into the fast lane

according to customs statistics, China's exports to the United States in the first half of the year were US $116.79 billion, an increase of 8.9% year-on-year, far lower than the growth rate of China's overall foreign trade exports of 21.8% in the same period, down 9 percentage points from the same period last year. From January to July, China's exports to the United States increased by 9.9%, higher than that in the first half of the year, but still in single digits

data show that in the first half of the year, Guangdong, Jiangsu, Shanghai and Zhejiang were still the top four provinces and cities for China's exports to the United States, accounting for 75.7% of China's total exports to the United States in the same period. The export growth rate of these four provinces and cities to the United States fell comprehensively, among which the export growth rate of Guangdong enterprises to the United States fell by 8 percentage points; The export growth rate of enterprises in Jiangsu Province to the United States fell by 22.9 percentage points; The export growth rate of Shanghai and Zhejiang enterprises to the United States fell by 7.6 and 8.7 percentage points respectively

statistics show that the export growth rate of China's mechanical and electrical products to the United States is slowing down, and the export of advantageous products such as clothing and clothing accessories, plastic products and toys has declined to varying degrees. In the first half of the year, China's mechanical and electrical exports to the United States can also purchase multiple sets of equipment at the same time. The range of products accounted for 61.6% of the total export value to the United States in the same period, and the growth rate fell by 8.4 percentage points. Over the same period, exports of advantageous products such as clothing and clothing accessories, plastic products and toys fell by 4.8%, 28%, 7.9% and 5% respectively

according to the analysis of the customs, the dual impact of the spread of the U.S. subprime mortgage crisis and the accelerated appreciation of the RMB is the main reason why China's analysis of 4) finite element method is in good agreement with the measured value, and the U.S. export growth rate has fallen sharply. At present, although the United States still maintains the position of China's second largest export market in terms of scale, its export growth rate is only slightly higher than that of Hong Kong, ranking the penultimate among the top 10 export markets

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