At present, China is a manufacturer and exporter of electric tools in the world. In 2013, the total industry income of electric tools was about 60 billion yuan, of which more than 60% was exported. In 2007, China's electric tool industry was in a high boom, with the total export volume of 192 million units. Since the outbreak of the global financial crisis in 2008, the export volume fell back to 160 million units; However, in 2013, the export volume of complete machines reached 201 million units (up 5.24% year on year), and the export amount reached 6.207 billion dollars (up 9.24% year on year), a record high.

　　Especially in the fourth quarter of 2013, the export growth of electrical tools was more obvious: the export growth of complete electric tools reached 18.52% in the fourth quarter of 2013, and the export growth of parts and components of electric tools reached 103.94%. The trend of quarterly improvement is obvious. We expect that with the further recovery of the overseas economy and the end of the unilateral appreciation trend of the RMB, the export growth of the industry in 2014 will be better than that in 2013. The above conclusions have also been verified by our communication with industry insiders.

　　The main export markets of China's electric tools are North America and Europe, with the United States and Germany as the first and second largest markets, accounting for 30.84% and 6.68% of exports respectively. In 2013, the growth rate of exports to Europe reached 9.47%, which is the high growth rate in the past five years. The European market will accelerate in 2014, and the growth rate of GDP in the United States will be about 1.9% in 2013, while the growth rate of China's electric tool industry exports to Europe has increased by more than 7%. In the first two months of 2014, the growth rate of GDP in the United States was about 3%. It is expected that the demand for electric tools in the United States will increase by more than 10% in 2014. Industry experts estimate that the growth rate of China's electric tool industry exports will reach more than 10% in 2014, The growth rate has doubled compared with that in 2013, and enterprises with relatively large export share have ushered in good development opportunities.