55% increase in China’s power transformer exports in Q2 2020
China’s exports of electrical power transformers (all sizes) increased by 55% for the second quarter of 2020, compared to the same quarter of last year (Q2 2019).
According to real-time business intelligence provider Fygen, the increase in exports was mostly influenced by the segment of large power transformers (LPT). Exports of large electrical power transformers (LPT) increased for the second quarter of 2020 by 117%, compared to the same quarter of last year (Q2 2019).
Fygen’s real-time intelligence service covers the trends quarterly for order intake and sales from more than 35 transformer companies globally, global power transformer trade flow and production values. A free preview can be checked here.
Photo: Beijing / BOSSA / Wikipedia