Jiangsu power tool export situation started well in 2010

Due to the difference in consumption habits, power tools have always occupied a considerable market share in developed countries such as Europe, the United States and Japan, and this market is still expanding. With the booming manufacturing industry in China, the power tool manufacturing industry in Jiangsu and Zhejiang has begun to develop rapidly. Bosch and Makita, the world's largest power tool brand holders, have also set up production bases in China. Under the influence of the financial crisis in 2009, the decline in the consumption of electric tools in Europe and the United States directly affected the export of such products, but at the same time, under the influence of a series of measures such as wage reform, economic stimulus and domestic demand in China, As well as the concept of DIY gradually accepted by people, more families in the country began to purchase power tools, the market has developed greatly, and the sales of power tools began to accelerate. According to Kunshan inspection and quarantine statistics, in January 2010, 467 batches of power tools were exported, which was 53.21 million US dollars, up 89.07% and 31.59% respectively, up 14.18% and 10.10% respectively.

In 2009, 4 enterprises in Kunshan exported 6327 batches of electric tools and their accessories, with a value of 509.26 million US dollars, a year-on-year decrease of 25.10% and a decrease of 36.70%. Despite the poor export situation in 2009, the overall domestic and international sales volume has not decreased compared with last year, and sales have undergone structural adjustments, and the domestic sales share has increased significantly. At the same time, from the export data at the end of 2009 and early 2010, the export of power tools has gradually recovered.
 

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