Fujian's' Electric Heart 'Beats Global - From January to November, Fujian exported transformers worth over 1 billion yuan

With the acceleration of global energy transformation and infrastructure construction, the demand for power equipment exports is becoming increasingly strong. The transformer industry in Fujian is focusing on technological innovation and international market layout, injecting new momentum into the "going global" of transformer products. According to Xiamen Customs statistics, from January to November, Fujian exported transformers worth over 1 billion yuan, reaching 1.09 billion yuan, a year-on-year increase of 1.9%. The export types included liquid dielectric transformers, transformers, etc., with export values of 260 million yuan and 61.06 million yuan respectively, accounting for 29.6% of Fujian's total transformer export value during the same period.

According to officials from Xiamen Customs, foreign-invested enterprises are the "main force" in Fujian's transformer exports. From January to November, foreign-invested enterprises in Fujian exported transformers worth 590 million yuan, accounting for 54.3% of the total export value of transformers in Fujian during the same period. During the same period, private enterprises were full of vitality, exporting transformers worth 390 million yuan, a year-on-year increase of 37.7%, accounting for 36.1%.

Data shows that Japan and Hong Kong are the main export markets for transformers from Fujian. From January to November, they exported transformers worth 270 million yuan and 120 million yuan respectively, accounting for 35.3% of the total export value of transformers from Fujian during the same period. During the same period, Fujian exported transformers worth 210 million yuan to ASEAN, accounting for 19.4%; Among them, Cambodia has become a hot selling market, and Fujian's export value to it has surged from 220000 yuan in the same period last year to 41.76 million yuan.

Xiamen TDK Co., Ltd. is a company dedicated to producing electronic components such as transformers and inductors, with transformers being one of its flagship products. In recent years, our company has focused on the development and expansion of new energy vehicles, continuously researching and developing new forms of products and promoting them overseas, "said Zhang Yuanhua, head of the transformer manufacturing department. From January to November, the company's transformer exports reached 400 million yuan, mainly targeting the new energy vehicle and home appliance markets, especially the European and American markets, where sales increased by more than 35% year-on-year.

To assist transformer manufacturing and export enterprises in exploring international markets, Xiamen Customs focuses on the concerns of enterprises, provides guidance on product classification and standardized declaration based on the characteristics of transformer products, deeply interprets trade facilitation policies such as rules of origin and tariff reductions, and ensures that products are declared in compliance and the benefits should be fully enjoyed. At the same time, we will increase the protection of intellectual property rights by customs, guide enterprises to accelerate the cultivation of independent brands, and enhance the international competitiveness of their products. In addition, the customs will continue to improve the supervision process, smooth the customs clearance channel for goods export, and ensure the smooth "sea going" of transformers.