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Prominent export problems of mechanical and electrical products

The Ethiopian market has insufficient understanding of China's mechanical and electrical products. Western products entered the Ethiopian market earlier, while Chinese products entered the Ethiopian market later, coupled with the purchase psychological characteristics of "seeing is believing", Ethiopians formed a strong concept of contrast. They are very used to and willing to accept Western products, but they accept Chinese products slowly, Most local businessmen only know low-grade consumer goods about Chinese products. Many businessmen in Ethiopia simply did not expect to import China's mechanical and electrical products.

The export prospect of mechanical and electrical products is considerable

First, Egypt has huge market potential. Ethiopia is the second most populous country in black Africa, with a population of nearly 80 million. Through economic development in recent years, Ethiopia has formed a huge consumer group. However, because Ethiopia's industry is very backward, the domestic production and living needs are basically realized through imports. In recent years, western countries have increased their assistance to Ethiopia. The world bank and the international monetary fund basically approve of Ethiopia's economic reform. At present, Ethiopia is the largest recipient country in black Africa, such as the world bank and the European Union. It can be seen that electromechanical products have huge market potential in Ethiopia.

China's export advantage of mechanical and electrical products is still growing

Zhang Ji, director of the Department of electromechanical and science and technology industry of the Ministry of Commerce, said in Beijing recently that the comparative advantage of China's export of electromechanical products still exists. If handled properly, the prospect is still very broad. Introducing the export of mechanical and electrical products, Zhang Ji said that mechanical and electrical products account for the largest share of China's export commodities, accounting for more than half of both stock and increment. In the first six months of this year, the export of mechanical and electrical products accounted for 58.8% of foreign trade exports. The trend of import and export of mechanical and electrical products is basically a barometer of China's foreign trade.

Development prospect of electromechanical products

尽管机电产品出口增势良好,但根据中国机电进出口商会对企业的调研显示:企业成本上升、压力增大、利润下滑。大部分企业认为去年以来导致成本上升的主要因素依次是原材料涨价、人民币升值过快和劳动力价格上涨,并且增长速度均超过企业预期,特别是今年以来人民币升值的速度大大高于企业的预计;同时出口退税和利率上升等因素也是影响企业成本提高的重要因素。综合考虑以上各因素,企业平均成本上升在10~20%左右。