Screw export trade situation and new changes in China

In recent years, China's screw exports have grown rapidly and have gradually become the largest exporter of screw products in the world. Although the screw export trade has developed rapidly, the problem of irrational export product structure still exists. We are still relying on the increase in the number of products to expand the market. There are still problems with low grades and low prices. Mainly entering the maintenance of foreign spare parts market, only a small number of products into the host supporting the market, and more to oem delivery, has not yet formed its own brand.

With the global economic downturn, the export resistance of Chinese screws has also increased. Many people are worried that the export volume of Chinese screw products will drop significantly, which will increase the pressure on the domestic market. In fact, this worry is unnecessary. According to Luo Baihui, secretary-general of the International Mould and Hardware and Plastic Industry Suppliers Association, China's hardware industry has built a screw production system with the world's largest, more complete varieties and better quality after a long period of development. China's screw products are inexpensive and have a strong overall competitiveness. In this world's largest "world factory" screw production base, there will definitely be a large-scale screw product export trade volume that matches it. It is expected that China’s screw exports will exceed US$5 billion in the next 2 to 3 years.

In recent years, with the shift of screw production in Western developed countries, production capacity has also been relatively reduced. The world economic growth has increased the demand for screw products in China and the dependence has gradually increased.

Although future trade frictions on Chinese screw products will not be reduced, the export of Chinese hardware screw products will continue to develop. Luo Baihui believes that China has become a big exporter of screw products, and it is the inevitable result of world industrial adjustment and division of labor under the background of global integration. , is a long-term trend that is difficult to reverse. At present, China's screw products provided to the international market are still difficult to find a complete alternative source.

In the past two years, there have been some problems that cannot be ignored in the screw export process. The main reason is that the export order is somewhat confusing, with the emphasis on export growth being too rapid, export time and export countries being too concentrated, low prices, and low value-added output, causing some unnecessary friction, which is not conducive to the continued export of screw products. healthy growth.

Therefore, in view of the situation and new changes in the export trade of screw products in China, it is necessary to establish a monitoring and early warning system for import and export of screw products throughout the country, to grasp the situation, to identify problems, and to put forward operability suggestions, so as to provide basis for scientific decisions of related departments; On the basis of full research, relevant agencies can use macro-guides on the export volume, product structure, and time of Chinese screws, based on changes in the trade situation, using tariffs, interest rates, and quotas.