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1. The overall import and export situationChina is a big manufacturing country. In recent years, the export volume of electric motors in China has been relatively stable, fluctuating from 2.03 billion units in 2018 to 2.03 billion units in 2021, and the export value rose from US$3.09 billion in 2018 to US$2.59 billion in 2021. The quantity of imports showed a downward trend, while the value of imports was relatively stable. From January to November 2022, the export volume of China's electric motors is 1.6 billion units, with an export value of 3.2 billion U.S. dollars, and the import volume is 590 million units, with an import value of 1.34 billion U.S. dollars.
Import and export of electric motors in China from January to November 2018-20222. Segmentation of import and exportFrom the perspective of export volume, China's motor exports are mainly micro motors. From January to November 2022, the export volume of China's motors is 79.54 million units, and the export value is 80.696 million US dollars; the export volume of micro motors is 819.656 million units, which is much higher than The export quantity of electric motors, the export value is 1,041.201 million US dollars, which is much higher than the export value of electric motors.2018-2022, January-November, China's Electric Motor Export SegmentationFrom January to November 2022, China imported 9.554 million electric motors with an import value of US$6.866 million; the import volume of micro-motors was 264.316 million units, much higher than that of electric motors, and the import value was US$372.684 million, much higher than that of electric motors. import amount.2018-2022, January-November, China's motor breakdown import situationFrom the perspective of average import and export prices, the average import price of electric motors in China is slightly higher than the average export price. From January to November 2022, the average export price of Chinese electric motors is 2 US dollars per set, and the average import price is 2.3 US dollars per set.Average import and export price of electric motors in China from January to November 2018-20223. Analysis of import and export patternFrom January to November 2022, the TOP5 regions of China's electric motor export value are the United States, Hong Kong, Japan, South Korea, and Germany.Top 10 regions of China's electric motor export value from January to November 2022 (US$10,000)Guangdong Province, Jiangsu Province, and Zhejiang Province are major exporters of electric motors in China; from January to November 2022, the export value of electric motors in Guangdong Province ranks first in the country, with an export value of 1,667.192 million US dollars, far exceeding the export value of other provinces and cities. Jiangsu Province ranked second with an export value of US$481.848 million. The two are the most important export provinces and cities of electric motors in my country.Top 10 Provinces and Cities in China's Motor Export Value from January to November 2022 (US$10,000)From the perspective of import value, Vietnam is the largest importer of electric motors in China. From January to November 2022, China imported 196.093 million US dollars of motors from Vietnam, accounting for 15% of the total import value; imported 182.102 million US dollars of motors from Japan, accounting for the total import value 14%.Regional pattern of China's electric motor imports from January to November 2022 (US$10,000)
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