Jinhua exports power tools increased by 76.7% year-on-year
October 07, 2023
Power tools are the main export products of Jinhua City. Although the international market places higher requirements on the quality and technology of power tools, Jinhua City's export of electric tools still achieved good results in the first half of this year: 13.85 million electric tools were exported, totaling 40.98 million. The U.S. dollar decreased 31.7% year-on-year, but the amount increased by 20.7%. The inspection failure rate decreased by 14.3% year-on-year, foreign notifications did not occur, and the return was only one case. The average price of a single electric tool reached 29.53 U.S. dollars, an increase of 76.7% year-on-year.
It is understood that Jinhua Entry-Exit Inspection and Quarantine Bureau boosted the power tool companies to carry out structural adjustment and transformation and upgrading, and strictly controlled product design, raw materials and accessories procurement, manufacturing processes, and finished product testing, and improved product quality and safety.
