Summary of the import and export of diesel generator sets in the first half of 2008

Domestic agricultural machinery has always been a product with a large number of exported machinery in my country. Due to the impact of the subprime mortgage loan crisis and the continued rise in energy and mineral products and grain prices such as oil have caused inflation worldwide, and uncertain factors in the economic environment have increased significantly. World economic growth has slowed down. my country's economic operation and implementation of macro-control faces great pressure. However, over the years, my country's government has implemented policies to strengthen agriculture and benefit farmers. Therefore, in the face of market food shortage, my country's agriculture has achieved bumper harvests year by year, and the import and export trade of agricultural machinery has also benefited. In the first half of 2008, my country's agricultural machinery import and export trade maintained a continuous rapid growth. According to 110 code statistics from the customs, the import and export volume of various agricultural machinery (including power machinery and drainage and irrigation machinery) was US$13.544 billion, an increase of 44.68% year-on-year, of which: imports were US$5.727 billion, an increase of 31.6%; exports were US$7.818 billion, an increase of 56%, and a trade surplus of US$2.091 billion.
Import and export of main products of diesel generator sets in agricultural machinery
1. Diesel generator sets (including wind turbines) exported 4,629,584 sets (10.5%) and 1.357 billion US dollars (81.5%); diesel generator set parts exported 842,470 tons (345.5%) and 203 million US dollars (360.9%). Diesel generator sets (including wind turbines) were imported 15,337 sets (-8%) and US$767 million (33.4%); diesel generator set parts were imported 10,785 tons (82.7%) and US$110 million (75.3%). The trade surplus of diesel generator sets (including wind turbines) and parts is US$683 million.
2. Small and medium-sized horsepower diesel engines were exported to 881,354 units (17.4%), US$340 million (72.9%), and diesel engine parts were exported to 430,686 tons (30.8%), and US$1.156 billion (49.7%). 145,972 diesel engines were imported (35%) and US$1.9 billion (87.7%); 60,358 tons (26.7%) and US$680 million (57.1%) were imported. The trade deficit of diesel engines and parts was US$1.105 billion.