From January to October 2021, the bilateral import and export volume of goods between China and Venezuela was US$2,578.33 million, an increase of US$914.5276 million compared with the same period in 2020, a year-on-year increase of 55.5%.
From January to October 2021, the total value of China's exports to Venezuela was US$1,737,560,600, an increase of US$514,084,600 compared with the same period in 2020, a year-on-year increase of 42.3%; the total value of China's imports from Venezuela was US$840,768,100, compared with 2020. During the same period, it increased by 400.4431 million US dollars, a year-on-year increase of 92.6%.
The economic and trade relations between China and Venezuela will be further developed in 2021, and various economic data are on the positive side. For the Venezuelan market, due to various reasons, Dongqi Crane has not received a crane cooperation project from Venezuela. But we believe that with the social and economic development of Venezuela, there will be a great demand for all kinds of cranes. We are committed to bringing our quality crane services to the Venezuelan crane market. This article will analyze the development scale and trend of overhead cranes in Venezuela in 2022 from multiple perspectives
Before we start discussing the aerial crane market in Venezuela, we have a few small questions that need to be answered first. Let’s take a look
The Venezuelan Overhead Crane Market has surged to $X in 2020, up X% from the previous year. This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs and retailers' profits, which will be included in the final consumer price). Overall, however, consumption continued to show a clear downward trend. In 2017, the growth rate was the fastest, and the market value increased by X% compared with the previous year. As a result, spending reached the highest level of X dollars. From 2018 to 2020, the market growth rate remained at a low level.
After two years of decline, overseas shipments of fixed-support overhead cranes fell by X% to X units in 2020. During the period under review, exports continued to experience a sudden drop. Exports peaked at X units in 2010; however, from 2011 to 2020, exports failed to regain momentum.
Overhead crane exports in 2020 were worth X dollars in value. Overall, exports fell sharply. As a result, exports peaked at X dollars. Export growth remains low in 2009-2020
Colombia (X units) is the main destination for Venezuelan bridge crane exports, accounting for about X% of total exports.
From 2007 to 2017, the average annual growth rate of freight volumes to Colombia was relatively modest.
From 2007 to 2017, the average annual growth in value to Colombia totaled +X%.
In 2020, the number of fixed-support overhead cranes imported from Venezuela soared to X units, an increase of X% over 2019. But overall, there has been a serious setback in imports. The growth rate was most pronounced in 2017, when imports rose by X% year-on-year. Imports peaked at X units in 2007; however, from 2008 to 2020, import figures were slightly lower.
Imports of overhead cranes in 2020 totaled X USD by value. During the period under review, however, imports showed marked growth. 2017 saw the fastest growth, with imports increasing by X% year-on-year. As a result, imports peaked at X dollars. Import growth remains low in 2018-2020
China (X units), the United States (X units) and Belgium (X units) are the main suppliers of Venezuelan bridge crane imports, accounting for X% of total imports. From 2007 to 2020, the largest increase was in Belgium, while other leaders saw more modest growth in purchases.
China (USD X) is Venezuela's largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is Belgium ($X) with X% of total imports. It is followed by Italy with an X% share. From 2007 to 2020, the average annual growth rate of value from China is +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Belgium (+X% per annum) and Italy (+X% per annum).
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