According to customs statistics, in 2011 exports Tools Hardware $ 10.606 billion , an increase of 26.7%, which , small power tools to $ 2.614 billion , an increase of 22.3% ; . Sawing products for $ 1.212 billion , an increase of 24.9% ; measuring of $ 897 million , an increase of 50% ; gardening tools to $ 563 million , an increase of 16.8% ; pliers to $ 608 million , an increase of 28.3% ; wrenches to $ 607 million , an increase of 24.1% ; tool kits 4.31 billion, an increase of 15.9 %.

In terms of imports , the annual imports amounted to $ 5.166 billion , an increase of 21.9%, which , measuring 26.73 billion, an increase of 26.4% ; . Small power tools to $ 433 million , an increase of 16.1% ; wrenches to 118 million U.S. dollars, an increase of 2.6% ; saw classes for $ 234 million , an increase of 35.3% ; tool kits to $ 040 million , an increase of 53.8% ; pliers to $ 036 million , an increase of 28.6% ; gardening tools to $ 004.9 million , an increase of 28.9% .

Not difficult to find from the customs statistics , in order to wrench , pliers, saws represented by the traditional hand tools are still favored by overseas buyers , kept at around 20 % growth rate in China has proved hand tool products are increasingly occupied the larger market space. Small electric tools , gardening tools , kits and other products further growth in exports , indicating that the demand for such products in major markets in Europe has not been affected by the financial crisis, which reduced the main consumer of these products are DIY . It is noteworthy that imports, although the world’s largest wrenches, pliers , almost all manufacturing companies in China , but two products imports reached nearly 1.5 billion U.S. dollars; measuring product even more , although there are a number of leading enterprises , Zhejiang there are also many production companies, 2011 was $ 897 million measuring exports , the growth rate reached 50%, while imports have reached $ 2.673 billion , 26.4% maintained a high growth rate , measuring individual products trade deficit reached $ 1.776 billion , which throughout the hardware industry, which is also rare.

Insiders believe that , although China is the world’s largest production base of hand tools , but tools mostly export oriented OEM , many products are actually produced by the domestic companies , foreign brands sold back to the domestic market after purchasing labeling . Therefore, domestic enterprises need tools in building brand building and channel more effort to avoid producers earn hard cash , earn high profits for foreign brands to go embarrassment. According to nine are building networks to understand , companies generally do not come to reflect is the order , but would like to expand the scale of production is subject to recruitment difficulties . But even so , production is still very low level of corporate profits , except for a few large corporate profits can reach 20% outside the profits of most companies is below 10% . A problem common tools business owners is reflected in , did a year in full swing , but not many make money . The reason is because the selling price does not go up , more often at a low level homogeneous competition . Lack of brand awareness and influence , lack of domestic and international marketing channels , making most companies lack pricing power of voice and market control , can only hope the weather waiting for orders. Of course , these are not easy, and it may take a long time to achieve , we hope that manufacturers are aware of this problem as soon as possible , and gradually improved.

Insiders also believe that our business is now in the export , or to win, sales growth did not actually bring to enhance profitability , is entirely dependent on the number of products to increase exports , which could become a restricted industry development risks. Especially now that Taiwan Tools , India tool in the international market competitiveness of our businesses but also to a lot of pressure .