2013 China’s exports to Vietnam extruder data analysis

This year, China ‘s exports extruder overall there was a substantial decline, from January to July data, the decline was 7.8 percent. We also note that presses extruder outlet is only half the overall decline in exports , and export price continued to decline extruder development of a major problem, although in July exports grew plastic extruding compound substantially , However, the export amount is still not improved.
Russia has long been the extruder consumer, since the first half of this year, Russia’s domestic economic environment is poor, investment and consumer apathy , extruders , there have been about 15% of the decline, but still had to July increased by 6.1% in .
It is noteworthy that the Vietnamese market , Vietnamese imports from China until this year extruder Overall not great, but this year the amount of its imports has been rising continuously , in plates, sheets and other architectural areas of investment is growing, July extruder its imports from China increased by the amount of nearly seven -fold. Despite the instability of this year, Vietnam ,wire drawing machine and the high interest rates make credit growth is slow, difficult to achieve total social investment objectives .
Vietnam General Statistics Office data show that in January industrial production index rose sharply in Vietnam , an increase of 21.1% , the recovery of industrial property release positive signals . In fact, the current from the domestic investment in Vietnam is relatively much smaller proportion of its investments mostly from abroad. January , foreign direct investment amounted to approximately $ 281 million , an increase of 74% , processing industry and manufacturing industry on foreign direct investment registered capital of 2.03 billion U.S. dollars, accounting for 72.1% of the total registered . While a number of countries including Japan, expressed the hope that companies continue to invest in Vietnam .
As strong investment from abroad , boosting the strong domestic demand , at least in this extruding machine state will continue for some time, so in the next period of time, Vietnam ‘s demand for plastics processing equipment will continue to grow .