Import and export of CCL in mainland China in the first half of 2017

The first half of 2017 growth of import and export of CCL in mainland China, quarter, a quarter of exports fell slightly by 4.9%, but exports year-on-year has increased significantly 15.8%; imports and imports year-on-year growth of 20%; trade deficit year-on-year growth of more than 30%. Exports continued to decline to 8.6% reduction in the two quarter, but exports rose remained at more than 15%; imports rose sharply to 3.2%, imports rose fell to 14.7% year-on-year growth; trade deficit fell to 14.1%.


From the growth of the chain, the one or two quarter of 2017 changed the four quarter of 2016, the indicators are all the growth trend. In addition to the first quarter of 2017 export growth over the four quarter of 2016, exports, imports, imports are less than the fourth quarter of 2016, the two quarter of the amount of import and export chain can reduce exports, imports were about flat ring, a slight increase of 0.9%, a slight increase of 2.2% trade deficit.


In the first half of 2017, exports decreased by 6.8% slightly, and exports, imports and imports increased by more than 10 percent, and the trade deficit increased by 22.8%.


On the whole, the import and export situation of copper clad laminate in China was basically good in the first half of this year. Although the export volume of exports fell, but exports year-on-year has increased significantly, indicating China's copper exports in the first half of the price increase; imports year-on-year has increased significantly, indicating the domestic market growth in demand.


The data show that the first half of 2017 China's exports of CCL although more than imports, but the price is still regarded as imports substantially greater than two as the export price ratio as high as 2.05 times, making the trade deficit of up to $200 million. It shows that the imported products still belong to the high value-added products, and the high value added CCL is still lacking.


From the quarterly change, the two quarter as export prices increased by 0.6% over the first quarter, little change, and as the import price increased by $1.372 over the first quarter, /kg, an increase of 10.9%.


The data also show that the first half of 2017 as the CCL export price rose as high as 23.9%, higher import prices rose as 18.2 percentage points, as the import price and the price ratio of deemed exports dropped nearly 15%. This is extremely rare in the international trade history of CCL in china. If this situation will continue, China's large and CCL will point the day and await for it.


Comparison of import and export of copper clad laminate in China in the first half of 4.2017 years and the international trade situation in China


According to the report issued by the Ministry of Commerce in July 19, 2017, China's import and export volume totaled US $1 trillion and 909 billion 480 million in the first half of 2017, an increase of 13%. Among them, the export value of 1 trillion and 47 billion 270 million U. s.dollars, an increase of 8.5%; imports amounted to 862 billion 210 million U. s.dollars, an increase of 18.9%. Trade surplus of $185 billion 30 million.


The first half of 2017, the CCL total import and export $809 million 780 thousand, an increase of 17.2%, higher than the national increase of 4.2 percentage points; exports grew 15.4%, higher than the national increase of 6.9 percentage points; imports grew 18.3%, lower than the national increase of 0.6 percentage points; but because of the great difference between the import and export price as CCL, contrary to the country the surplus, resulting in a trade deficit of $200 million.


 

(Source: internal information)

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