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These home appliances are selling well overseas

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These home appliances are selling well overseas

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Recently, the General Administration of Customs announced my country’s foreign trade data for the first four months. In the first four months, my country’s exports were 1.71 trillion yuan, a year-on-year increase of 22.2%, a month-on-month increase of 10.1%, and an increase of 31.6% over the same period in 2019. In the first four months, my country exported 3.79 trillion yuan of mechanical and electrical products, an increase of 36.3%, accounting for 59.9% of the total export value; exports of clothing and clothing accessories products were 288.7 billion yuan, a year-on-year increase of 41%; exports of textiles including masks were 285.65 billion yuan Yuan, a year-on-year increase of 9.5%; exports of plastic products were 186.96 billion yuan, a year-on-year increase of 42.6%. In addition, the General Administration of Customs also recently released the relevant data of the first quarter's export "explosive"-home appliances. In the past ten years, the home appliance market has been in a stable development period. As the epidemic spreads globally, stable production capacity has brought dividends to home appliance exports. It can also be seen from the recent financial reports of major sellers that the overseas sales of home appliances are still very good. It is understood that household appliances maintained rapid growth in the first quarter of this year. The export volume of bread machines increased by 84.9% year-on-year, the export volume of electric ovens increased by 112.5% ​​year-on-year, electric kitchenware (105.8%), blenders (98%), and refrigerators (75%). And other products have also seen substantial growth. In addition, exports of environmentally clean small household appliances are also showing an increasing trend. Popular categories include vacuum cleaners (84.4%), dry cleaners (2892.6%), dishwashers (70.3%), air purifiers (170.7%), water purifiers (87.3%), humidifiers (92.3%) and electric woks (110.1%) and so on. In the first quarter of this year, China's air-conditioning exports entered the traditional peak season, continuing the previous growth trend. The export volume of air conditioners, which are highly related to outdoor travel and commercial use, increased by 19.9% ​​year-on-year. Other products such as electric irons (14%) and hand dryers (18.9%) have also resumed growth, but the growth rate is relatively low. Affected by the epidemic, overseas consumers have a great demand for home appliances, and products made in China have been strongly recognized by overseas consumers, and many companies have even seen explosive orders. However, affected by factors such as the soaring cost of raw materials and rising exchange rates, corporate profits are being eroded. In 2021, competition among home appliance companies will be further divided. However, with the gradual relief of overseas epidemics in the second half of the year, some countries canceled financial subsidies to residents, and consumer spending will decrease. Coupled with the high base factor in the second half of 2020, the growth rate of home appliance exports is likely to decline, and sellers must be psychologically prepared!