Analysis of China's wire and cable import and export in 2018

Release Time:2018-07-19

In the first quarter of 2018, China exported 530,000 tons of wires and cables, a year-on-year increase of 3.9%. Looking at the export volume of China's wire and cable in 2013-2017, the export volume continued to increase in five years, with an average annual compound growth rate of 5.44%.

 

Q1 China's wire and cable exports and growth trend in 2013-2018

In terms of export value, China's export wire and cable amounted to US$4.693 billion in January-March 2018, up 4.4% year-on-year. In 2013-2017, China's wire and cable exports have basically maintained a steady growth trend, with a compound annual growth rate of 1.56%.

 

Q1 China wire and cable export value and growth trend in 2013-2018

 

 

Q1 China's wire and cable exports and growth trend in 2017-2018

 

In terms of imports, the data was compiled through network data. In January 2018, China imported a total of 21012 tons of wire and cable, spending 484,956 thousand US dollars, an increase of 23.6 tons over the same period of last year, and the cost increased by 54.1 thousand US dollars; 15013 tons, the amount of 373,306 thousand US dollars, the number decreased by 17.2 tons compared with the same period of last year, the amount of expenditure increased by 7.2 thousand US dollars; the total amount of imports in March was 20,839 tons, the amount of expenditure was 471,807 thousand US dollars, the number decreased by 3.3 tons compared with the same period of last year, the amount spent Increase by 10.7 thousand US dollars.

 

Overall, the number of wire and cable imports in the first quarter of 2018 showed a downward trend compared to last year.

 

See the table below for details: