China's mechanical and electrical product exports increased by 8.7% YoY in Q1, with faster growth in exports of household appliances and other products [SMM Special Report]

Published: Apr 14, 2025 14:46

Save

SMM Special: China's Mechanical and Electrical Product Exports Up 8.7% YoY in Q1, with Faster Growth in Home Appliance Exports
In Q1 2025, China's total import and export value of goods reached 10.3 trillion yuan, up 1.3% YoY. Mechanical and electrical products, which account for half of the total export value, continued to perform well in Q1. In Q1 this year, China exported 3.67 trillion yuan worth of mechanical and electrical products, an increase of 8.7%! Wang Lingjun, Vice Minister of the General Administration of Customs, stated at a press conference held by the State Council Information Office: The import and export of mechanical and electrical products grew rapidly. In Q1, China's import and export of mechanical and electrical products increased by 7.7%!

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

[SMM Iron & Steel] India: NMDC Iron Ore Production Rises 16% Year-on-Year in April

State-owned miner NMDC reported a robust 16% year-on-year increase in iron ore production for April 2026. This comes as Indian steelmakers ramp up capacity to meet record infrastructure demand. However, rake movements for iron ore dropped 18% month-on-month in April, indicating some logistical bottlenecks in the domestic supply chain.

2 hours ago

[SMM Iron & Steel] EU Reaffirms Phaseout of Russian Slab Imports by 2028

Some limited imports of Russian-origin steel products, notably slab, will continue until 30 September 2028 under transitional arrangements laid down in existing EU restrictive measures, Despite requests from some European re-rollers for extensions, the EU's 20th sanctions package tightens the net, forcing mills to accelerate sourcing from Brazil, India, and other ex-China origins to secure long-term supply.

2 hours ago

[SMM Iron & Steel] EU New Car Registrations Up 4% in Q1 2026

Passenger car registrations in the EU increased by 4% in the first quarter of 2026, with a significant 12.5% jump in March alone. This recovery in the automotive sector is a critical demand driver for flat steel products (HRC/CRC), providing much-needed support for European steelmakers facing high operational costs.

2 hours ago