According to customs data, in 2020, the total import and export volume of China's connector manufacturing was 4.739 billion US dollars, of which the export value was 3.592 billion US dollars, a year-on-year increase of 14.78%; the import value was 1.147 billion US dollars, a year-on-year decrease of 13.89%; the trade surplus was 2.445 billion. Dollar.

From 2017 to 2020, the trade surplus of China's connector manufacturing industry continued to expand, mainly because the electronic manufacturing industry continued to transfer to China. Large domestic connector manufacturers introduced high-precision research and development and production equipment, and established a high-level The R&D team has narrowed the technological gap with international leading companies, and its competitiveness has been greatly strengthened.

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Insufficient competitive advantage in the high-end market

Although my country is the world's largest connector market, due to the relatively late start of my country's connector industry, the currently produced connectors are mainly low-end, and the market share of high-end products is low. Domestic connector products lack independent research and development and related standards, and there are few high-end product manufacturers with average quality; in addition, most domestic manufacturers are small in scale and lack cost advantages compared with overseas manufacturers.

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The above data comes from the "China Connector Industry Market Demand Forecast and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute. At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment attraction, IPO fundraising Feasibility research and other solutions.