MySheen

The transfer of supply chain and the effect of housing economy have contributed to the double-digit growth of exports of computers and peripheral devices for five years.

Published: 2024-06-20 Author: mysheen
Last Updated: 2024/06/20, China's exports of computers and peripheral devices have grown by double digits for five consecutive years, the Ministry of Economic Affairs said a few days ago. With the vigorous development of the information network and the rapid development of science and technology, China's exports of computers and peripheral devices have been rising to US $3.45 billion since 2015, with an annual increase.

The transfer of supply chain and the effect of housing economy have contributed to the double-digit growth of exports of computers and peripheral devices for five years.

China's exports of computers and peripheral devices have grown by double digits for five consecutive years, the Ministry of Economic Affairs said a few days ago. With the vigorous development of the information network and the rapid development of science and technology, China's exports of computers and peripheral devices have been rising at an annual rate of US $3.45 billion since 2015, with an annual increase of 15.2%. By 2019, affected by the trade dispute between the United States and China, some manufacturers' production lines have been moved back to China and the order effect has been injected into domestic production capacity, and the export value has jumped to US $8.81 billion, with an annual increase of 58.2%, of which servers have increased by 205.1%. The share rose to 39.0% and jumped to the first place. With the impact of the COVID-19 epidemic and the rise of long-distance business opportunities, the demand for computers and peripheral devices continued to increase. In 2020, exports totaled US $10.56 billion, an increase of 19.8%. With the continuation of the housing economy and emerging technology boom this year, coupled with the increased momentum of the global economic recovery, exports reached US $3.32 billion from January to April 2021, an annual increase of 19.9%.

As servers, graphics cards and other products are included in the third wave of tariff increases between the United States and China, leading to the transfer effect of the supply chain, according to the 2019 overseas production survey data, the production ratio of information and communication products in Chinese mainland decreased by 8.5 percentage points compared with 2017, while the ratio of production in China increased by 1.8 percent, and the ratio of information and communication products transferred to the United States and Europe also increased by more than 2 percentage points respectively. Under the effect of capacity return and turnaround, China's direct exports of computers and peripheral devices to the United States more than doubled annually in 2019, exceeding 50% for the first time, accounting for an increase of 19.7% over the previous year, while the proportion of exports to Chinese mainland and Hong Kong decreased by 3.7%. From January to April 2021, exports to the United States increased by 18.4%, accounting for 60%.

Looking at the import market of computers and peripheral devices in the United States in 2020, the largest source of import is Chinese mainland, with a market share of 51.1%. China has surpassed Thailand to become the third place since 2019, with a market share of 8.4% in 2020. Compared with 2017, except for Chinese mainland, the market share of other major import sources increased, of which China increased by 5.3%, with the most obvious growth rate, indicating that affected by the trade dispute between the United States and China, the source of imports of the United States has also changed with the transfer of the industrial chain.

The top six exporters of computers and peripheral devices in the world in 2020 are Chinese mainland, the Netherlands, Mexico, the United States, Hong Kong and Germany, but China has experienced double-digit growth in recent years with strong growth, indicating that the industry has actively returned to Taiwan to invest in recent years. Coupled with the injection of long-distance business opportunities, it will help to enhance China's position in the global supply chain.

 
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