Agricultural machinery industry may soar in the second half of 2010

In 2010, the export of agricultural machinery in China is facing a more complex situation. On the one hand, as the global economy will gradually pick up, especially the economies of Europe and the United States begin to show signs of recovery. The recovery of economic growth in Europe and the United States will be a good factor in pushing China’s agricultural machinery exports out of the trough. On the other hand, with the rise of trade protectionism in various countries, the devaluation of the US dollar and the appreciation of the renminbi will bring difficulties and obstacles to the development of Chinese agricultural machinery exports.

It is estimated that this situation will continue for some time. It can be said that there is hardly any situation that “the east is not bright in the west” for the growth of China’s tractor exports. This crisis will correct the over-consumption model in the United States, and it is this consumption model that has enabled China to enjoy the golden years of export growth in previous years. It is not difficult to see that it will be impossible to regain such a good picture in the next 5-10 years.

Last year, the export market was substantially "cooled down." This agricultural machinery market has accumulated a large demand for energy. With the mild recovery of the world economy this year, the consumption of developed country residents has gradually started. The release of energy has led to a full “heating up” of the export market. In the first half of 2010, China’s agricultural machinery export performance was very strong. The agricultural machinery industry has been on the upslope and the agricultural machinery industry may soar in the second half of 2010.

reason

First, China’s agricultural machinery enterprises have adjusted their export strategy and won the market under the influence of national export policies.

Second, China's agricultural machinery export products are highly value-priced because of their high quality and low price. Under the financial crisis, many export destination countries have reduced their consumption levels, and this advantage has been more reflected.

Third, the financial crisis has hit the export companies of other countries even more, and even eliminated some of them, making the competitiveness of China's exports rise and fall. In 2009, China’s total exports exceeded Germany and became the world’s largest exporter. The market share of Chinese-made goods in many countries and regions is increasing.