In the month of June 2020, my country's import of bearings used US$368 million in foreign exchange, an increase of 10.13% month-on-month, an increase of 34.64% year-on-year compared with June last year, and an increase of 26.47 percentage points from the growth rate of the previous month (8.17%). Bearings. Imported 191 million sets, an increase of 3.74% month-on-month, an increase of 26.61% year-on-year from June last year, and an increase of 22.61 percentage points from the previous month (4%);
As of June 2020, my country's accumulated foreign exchange use for imports was 1.907 billion US dollars, and the accumulated foreign exchange use increased by 12.37% over the same period last year. An increase of 4.27 percentage points from 8.1% last month. Imported bearings 1.151 billion sets, an increase of 15.31% over the same period last year, and an increase of 2.02 percentage points from 13.29% last month;
From the perspective of imported bearing categories, the use of tapered roller bearings increased by 45.98% year-on-year, becoming the main force driving the import of bearings, followed by bearing parts, with a year-on-year increase of 25.3%, and other ball bearings with a year-on-year increase of 23.24%. The use of cylindrical roller bearings increased by 15.39% year-on-year, and the use of spherical roller bearings increased by 13.73% year-on-year. It is not difficult to see that under the new situation, the structure of the bearing market is undergoing great changes.
From the point of view of importing countries, foreign exchange imports from Japan reached US$490 million, ranking first with a year-on-year increase of 4.61%. The second was Germany. Foreign exchange imports of US$420 million ranked second, but the growth rate was Reached 28.31%. Surprisingly, the foreign exchange for imported bearings from Taiwan, China reached US$137 million for the first time, ranking third, with a year-on-year increase of 346%. It shows that with the adjustment of my country's economic structure, the market of bearing countries is also undergoing major changes.