China-CEE Bilateral Trade Posts Steady Growth in H1 2024

Summary

In the first half of 2024, China's exports of mechanical and electrical products to Central and Eastern European (CEE) countries rose 5.8% year on year to 262.52 billion yuan,

while imports of such products increased 6.9% to 74.92 billion yuan. Imports of unwrought copper and copper products surged 49.7% to 4.65 billion yuan.

Commentary

China's imports of auto parts from Central and Eastern Europe jumped 46.6%, reflecting a supply chain reshaping amid the electric vehicle transition,

benefiting countries like the Czech Republic and Slovakia. New Zealand SMEs involved in specialty components or the aftermarket could explore technology tie-ups in the region. The near-doubling of copper imports underscores raw material demand driven by new energy infrastructure, which could push up global copper prices and indirectly impact shipping and manufacturing costs for Kiwi firms.

Keywords: China, Central and Eastern Europe, bilateral trade, H1 2024, mechanical and electrical products, exports, imports, growth, data

Summary in Chinese | 摘要

2024年上半年中国对中东欧出口机电产品2625.2亿元增5.8%，进口机电产品749.2亿元增6.9%，进口未锻轧铜及铜材46.5亿元增49.7%。

Commentary in Chinese | 评论

中国对中东欧汽车零配件进口激增46.6%，凸显其在电动化转型下重塑供应链，捷克、斯洛伐克等国受益。新西兰中小企业若涉足特种零部件或售后市场，可关注该区域技术嫁接机会。铜材进口大增近半则直指新能源基建的原料饥渴，推动全球铜价，间接影响纽企航运与制造成本。

关键词: 中国, 中东欧, 双边贸易, 2024年上半年, 机电产品, 出口, 进口, 增长, 数据

Source: China-Central and Eastern European Countries Customs Information Centre Website