Chinese hardware products can be found in almost every corner of the world, and China is becoming a veritable big country in the hardware industry. Especially in Africa, Chinese hardware products are even more popular.
It is reported that due to the good "price ratio" of Chinese hardware products, Chinese hardware is everywhere in Africa, from daily necessities such as faucets, hangers, car locks, to the use of gears, springs, and conveyor belts for mechanical materials.
According to statistics from China Customs, from January to December 2015, China's hardware exports to Africa totaled US$3.546 billion, a year-on-year increase of 21.93%. The growth rate was much higher than that of other continents, and it was also the only continent where the export growth rate exceeded 20%. .
In recent years, due to the increasing demand for hardware products in Africa, the growth rate of Chinese hardware products exports to the African market has continued to grow rapidly.
Almost all African countries need hardware products. In Africa, many countries belong to the post-war reconstruction countries, and there is a relatively large demand for Chinese hardware, such as saw blades, steel pipes and some mechanical hardware.
Xiong Lin, Director of the Exhibition Office of the Chongqing Foreign Trade and Economic Cooperation Committee, once said: "Chinese hardware in Africa, especially South Africa, is particularly popular with locals because of its high quality and low price. More than 70% of South African machinery and construction hardware are imported." Nigeria 1 The Deputy Minister also said: "The price of Chinese hardware products is very suitable for the African market. In the past, hardware products from some African countries were imported from European countries. Now African countries, including Nigeria, realize that the price of Chinese hardware is more suitable."
Nowadays, many African businessmen have come to China to buy hardware and then ship them back to their home countries for sale. Guinean businessman Alva said: importing 1 yuan from China can be sold at a high price of 1 US dollar in Guinea. Making orders at the Canton Fair is one way. Almost every year, many African businessmen actively participate in the Canton Fair in the spring and autumn seasons and choose to shop for high-quality and cheap Chinese products. Gao Tiefeng, Counselor of the Economic and Commercial Counselor's Office of the Chinese Embassy in the Republic of Guinea, once said: "Nowadays, more and more Guinean customers come to China to participate in the Canton Fair and have a good understanding of Chinese product prices, production, and business channels."
