The Mould Trade Deficit Is Increasing Year By Year

Update:22-04-2021
Summary:

  Although the growth rate of mold exports is greater t […]

  Although the growth rate of mold exports is greater than that of imports in recent years, the absolute growth rate is still greater than the growth rate of exports, resulting in the mold trade deficit increasing year by year.

 

  This situation improved in 2006 and the deficit decreased slightly. There are two main reasons for the increase in the trade deficit of molds: First, the sustained and rapid development of the national economy, especially the rapid development of the automobile industry, has brought strong demand for molds. Certain high-end molds cannot meet the demand.

 

  It is produced at home, so it must be imported; but some molds can be produced and imported domestically.

 

  This is related to China's current tariff policy and project approval system. Secondly, the encouragement of mold exports is not enough. At present, the export tax rebate rate for electromechanical products such as molds is only 13%, but it has not reached 17%.

 

  According to the forecast report on the development prospects of China's plastic mold industry, it can be understood that plastic mold manufacturing companies should focus on developing molds with high technology content, large size, high precision, complexity, and long life, and vigorously explore the international market. And develop export molds.

 

  With the rapid development of China's plastics industry, especially engineering plastics, it is foreseeable that the development speed of China's plastic mold industry will continue to be higher than the overall development speed of the mold industry, and the annual growth rate will remain at about 20. Percentage in the next few years.

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