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The export of hardware tools shows a steady recovery.


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Release time:

Sep 28,2021

【Description】A batch of high-tech, high-value-added export goods, mainly composed of sets of clamping and cutting tools such as wire rope cutters, wire cutters, saw frames, repair tools, telecommunication tools, household combination tools, measuring tools such as steel tape measures and levels, and fastening tools such as socket wrenches and impact wrenches, are gradually replacing the original low value-added hardware tools. Clamping and cutting tools and tool sets account for a large proportion of these exports.

   The export of hardware tools shows a steady recovery, mainly due to the following four factors:

   Further optimization of the export product structure, with significant growth in the export of high-tech products

  A batch of high-tech, high-value-added export goods, mainly including clamping and cutting series tools such as wire rope cutters, wire cutters, saw frames, machine repair tools, telecommunication tools, household combination tools, etc., steel tape measures, levels and other measuring instruments, and socket wrenches, impact wrenches and other fastening series products, are gradually replacing the original low value-added hardware tools. Among them, the proportion of clamping and cutting and assembly products is large.

   Progress in the export diversification strategy

  While consolidating traditional markets in Southeast Asia and the Americas, distributors are actively adjusting their product structure, changing the purchase and sales model between buyers and sellers, and striving to develop new markets in Africa and Europe.

   The strength of hardware tool exporters is constantly increasing

  Major operators and operators with integrity are making progress in product exports, and the export growth of their hardware tools far exceeds that of general operators.

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