According to the statistics of China Machinery Industry Federation, from January to October 2011, China's machinery industry realized a total import and export volume of 519.034 billion US dollars, an increase of 25.13% year-on-year, and the growth rate dropped by 0.56 percentage points from January to September (25.69%). Data show that from January to October, Japan, the United States and Germany are still the largest trading partners of China's machinery industry import and export, import and export volume exceeds 10% of the industry, the trade volume of the three countries totaled 216.19 billion US dollars, accounting for the proportion of the whole industry. Up to 41.65%. Among them, bilateral trade with Japan totaled US$92.244 billion, up 18.66% year-on-year; total trade with the United States was US$62.796 billion, up 23.82% year-on-year; total import and export trade to Germany reached US$61.15 billion, up 32.12% year-on-year. The deficit in the import and export trade of the machinery industry mainly comes from Japan, Germany and South Korea. Among them, the import from Japan was 70.351 billion US dollars, the trade deficit reached 48.457 billion US dollars; the import from Germany was 50.945 billion US dollars, the trade deficit reached 40.739 billion US dollars; the import from South Korea was 22.264 billion US dollars, the trade deficit reached 12.451 billion US dollars. Among them, exports were 262.937 billion US dollars, up 25.35% year-on-year, down 0.27 percentage points from January to September (25.62%); imports were 256.096 billion US dollars, up 24.91% year-on-year, down 0.86 percentage points from January to September (25.77%); The accumulated import and export trade surplus expanded to 6.841 billion US dollars, an increase of 3.248 billion US dollars from January to September. Specific to each machinery sub-industry, it can be found that from January to October, among the 13 industries of the machinery industry, except for the year-on-year growth rate of imports from the automotive industry, the growth rate of imports in the other 12 industries has dropped. Among them, the industries with the top three growth rates of import growth were machine tool tools, other civil machinery and construction machinery industries, which fell 3.99, 3.18 and 2.87 percentage points respectively from the previous month, but both narrowed down from last month. The trade deficit mainly comes from Japan, Germany and South Korea. The import and export trade market of the machinery industry is highly concentrated, and the deficit mainly comes from Japan, Germany and South Korea. The import and export trade volume of ten provinces and cities exceeds 10 billion points. From January to October, the import and export trade volume of Guangdong, Jiangsu, Shanghai, Beijing, Zhejiang, Shandong, Tianjin, Liaoning, Fujian and Jilin provinces exceeded 10 billion. Yuan, the total amount reached 458.261 billion US dollars, accounting for nearly 90% (88.29%) of the total value of machinery imports and exports in the same period. Among them, Guangdong's total import and export value exceeded 100 billion yuan, and continued to top the list, at 114.129 billion US dollars, up 16.1% year-on-year, down 0.9 percentage points from the previous month (17%); the second is Jiangsu Province, total import and export volume It was US$80.587 billion, up 27.04% year-on-year, down 0.99 percentage points from the previous month (28.03%).
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