LasVegas International Hydraulic Pneumatic&Transmisssion Exhibition

Aug 02, 2019

Sponsored by the American Equipment Manufacturers Association and the American Fluid Power Association, IFPE is a world-class international fair dedicated to power transmission and control through hydraulic, pneumatic, mechanical and electrical technologies. Founded in 1984, every three years. During the Expo, you will have the opportunity to participate in the Power Transmission and Power Control Technology Symposium organized by the American Fluid Dynamics Association.

Market analysis

The United States is the largest economy in the world today. Its gross domestic product (GDP) was 17.87 trillion US dollars in 2015, accounting for about one-fifth of the world economy, and per capita GDP (2015) was 55,710 US dollars (5th in the world). . The United States is the world's second largest trading nation, the world's second largest exporter, and the world's largest importer. The United States has a highly developed modern market economy, and its GDP and foreign trade rank first in the world.

According to the statistics of the US Department of Commerce, the import and export volume of bilateral goods between the United States and China was 216.07 billion US dollars from January to May 2016. Among them, the United States exports to China 42.40 billion US dollars, accounting for 7.2% of total US exports; imports from China 173.67 billion US dollars, accounting for 19.9% of total US imports. The US trade deficit was $131.27 billion. As of May, China is the second largest trading partner, the third largest export market and the largest source of imports for the United States.

Yingtuo Exhibition invites you to participate in this exhibition, and looks forward to working with you to open up the market and gain unlimited business opportunities!