Exports of hardware and tools products show a steady recovery

October 12, 2023

Exports of hardware and tool products show a steady recovery, mainly due to the following four factors:

The structure of export commodities has been further optimized, and the export of high-tech products has grown significantly with clamping and cutting tools such as wire rope shears, bolt cutters, saw frames, machine tools, telecommunications tools, and household combination tools. Steel tape measures, level gauges, etc. A series of high-tech and high-value-added export products, including series wrenches, impact wrenches, and other fastening products, have gradually replaced the original low value-added hardware tools and other commodities, among which the gripping and cutting and group products account for The largest proportion.

The strategy of export diversification made progress. While consolidating the traditional markets of Southeast Asia and the Americas, dealers actively adjusted the product operating structure, changed the purchasing and sales model between the main customers and customers, and worked hard to open up new markets such as Africa and Europe.

The strength of exporters of hardware tools and products continues to increase. Exports of large-scale and honest business households are all going hand in hand, and the export growth of both hardware and tool products far exceeds that of general business households.

Self-manufactured, self-selling, self-produced and brand-produced processing trade has grown rapidly. As the Zhuoshi Abrasives Abrasives and Abrasives Center, the Federation Industrial Hardware Center, and the Vertical and Horizontal Hardware Tools Center, and other major operators have launched their own dominant brands, and their share in export products has continued to increase. Increase.

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Author:

Ms. SU LAN RONG

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susu@cn-tianhui.com

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