Ningbo, China - (e-bearings.com) According to customs statistics, the bearing manufacturers of Ningbo City exported 500 million sets of bearings in the first half of 2009, valued at 160 million U.S. dollars, respectively, compared with the same period last year (the same below) decreased 37.6% and 37.2%.
The export of general trading is 490 million units; Export of foreign-invested enterprises are the main force, a total of 160 million sets exported; the European Union, India and the United States is the main export market, exports were 45.65 million U.S. dollars, 22.96 million U.S. dollars and 1683 million, the three together accounted for 53.4 percent of total exports; the export of ball bearings in the main types of bearings, ball bearings exported 140 million U.S. dollars, accounting for 87.5 percent of total exports.
Showing posts with label export. Show all posts
Showing posts with label export. Show all posts
8/05/2009
6/23/2009
China Ningbo bearings exports in April exceeded 100 million sets
China Ningbo city, (e-bearings.com) - according to Ningbo customs statistics, exports 105 million sets of bearings in April 2009, worth 33.79 million U.S. dollars, respectively, increased 21.4% and 21.5% on a month-on-month basis. The average price is 0.32 U.S. dollars per set, basically the same price on a month-on-month basis.
Ningbo bearing industry's top three export markets is the European Union, India and ASEAN, respectively, exports of 8.866 million U.S. dollars, 5.596 million U.S. dollars and 3.791 million U.S. dollars, the three together accounted for 54% of total exports. The vast majority of export products is the ball bearings, worth 29.81 million U.S. dollars and accounted for 88.2 percent of total exports.
Ningbo bearing industry's top three export markets is the European Union, India and ASEAN, respectively, exports of 8.866 million U.S. dollars, 5.596 million U.S. dollars and 3.791 million U.S. dollars, the three together accounted for 54% of total exports. The vast majority of export products is the ball bearings, worth 29.81 million U.S. dollars and accounted for 88.2 percent of total exports.
3/30/2009
Hailin Zhongke Ranked No.1 in the Industry for its Tapered Roller Bearings both in Output and Exports
Hailin Zhongke Technology Co., Ltd was recently reported to be No.1 in the bearing industry for its leading products tapered roller bearings in the annual output and the export capacity for the year of 2008, with the output of 42.19 million pieces and the export amount of 29.75096 million pieces, an increase of 24.42 percent and 24.02 percent than those of the previous year 2007 respectively.
The 2007 output and export capacity were 33.9091 million sets and 23.9886 million.
Regarding the exports of its taper roller bearings, Hailin Zhongke was said to appear in the first place in the industry about the same kind products for the four consecutive years.
Source:CBCC
The 2007 output and export capacity were 33.9091 million sets and 23.9886 million.
Regarding the exports of its taper roller bearings, Hailin Zhongke was said to appear in the first place in the industry about the same kind products for the four consecutive years.
Source:CBCC
10/17/2008
China Details Bearing Exports for September 2008
The government of China, General Administration of Customs, via the state-controlled Xinhua news, has released data covering its exports of all types of bearings, for July 2008.
China's state-volunteered export data is notoriously inaccurate, tending to dramatically understate both the quantity and value. Although the specific numbers may be suspect, the data does offer insight to general trends in volume, growth, and pricing which have proven valuable in terms of general industry analysis.
Export data for September 2008 :
280,630,000 bearings
total value : USD $195.3 million
average value : USD $0.695 each
Contrary to most popular opinion, the global economic slowdown is clearly affecting bearing manufacturers in China.
Although there is some seasonality apparent in the bearing export data supplied, China's third quarter bearing exports have dropped more sharply than in previous years. July reported 324 million bearings, August was 312 million, and now September comes in under 281 million.
July and August were well above their 2007 counterparts, but September is lower than 2007.
For the calendar year through September, China said it has exported just under 2.8 billion bearings, valued at $1.57 billion -- up from 2.4 billion in 2007 worth $1.12 billion.
Even with the slowdown, total bearing exports should be up at least 11% overall for 2008 from 2007.
China's state-volunteered export data is notoriously inaccurate, tending to dramatically understate both the quantity and value. Although the specific numbers may be suspect, the data does offer insight to general trends in volume, growth, and pricing which have proven valuable in terms of general industry analysis.
Export data for September 2008 :
280,630,000 bearings
total value : USD $195.3 million
average value : USD $0.695 each
Contrary to most popular opinion, the global economic slowdown is clearly affecting bearing manufacturers in China.
Although there is some seasonality apparent in the bearing export data supplied, China's third quarter bearing exports have dropped more sharply than in previous years. July reported 324 million bearings, August was 312 million, and now September comes in under 281 million.
July and August were well above their 2007 counterparts, but September is lower than 2007.
For the calendar year through September, China said it has exported just under 2.8 billion bearings, valued at $1.57 billion -- up from 2.4 billion in 2007 worth $1.12 billion.
Even with the slowdown, total bearing exports should be up at least 11% overall for 2008 from 2007.
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