Dongguan bags, shoes and other export growth and stability
Last year, Guan 113.3 billion U.S. dollars worth of imports and exports, the growth rate fell 20.7 percentage points; overall slowdown in processing trade.
According to customs statistics, in 2008, Dongguan City, the value of total imports and exports 113.3 billion U.S. dollars, compared with 2007 (the same below) grew by 6.1%, growth rate down 20.7 percentage points. Around the city in Guangdong Province, Dongguan’s foreign trade import and export value, export value, import value is ranked second, behind Shenzhen’s foreign trade growth, but lower than that in Guangzhou, Zhuhai and Foshan, the three cities.
Among this, exports 65.54 billion U.S. dollars, an increase of 8.9% growth rate down 18.1 percentage points; imported 47.76 billion U.S. dollars, an increase of 2.5% growth rate down 23.9 percentage points; to realize an annual trade surplus of 17.78 billion U.S. dollars, an increase of 30.7%.
In August, after a marked decline in foreign trade growth
Early 2008, subject to international energy prices and the depreciation of the dollar impact of 1-July Dongguan’s foreign trade rose by 19.6% since August last year, began a marked decline in trade growth and even decline, showing a “pre-heat, cool” trend. Dongguan, in August last year, import and export growth fell to 4.3%; imports into a negative growth of 0.7%. The next four months, import and export decline is widening, in October last year the value of imports and exports since February 2005 appeared the first time since negative growth.
Processing trade in 2008, Dongguan full deceleration. Dongguan last year 99.33 billion U.S. dollars of processing trade imports and exports, up 4.3%, an increase of 20.8 percentage points decline in the import and export value of Dongguan’s foreign trade import and export value accounted for 87.7%. General trade reached 9.43 billion U.S. dollars imports and exports, an increase of 29.4%, an increase of drop 9.2 percentage points. Professionals pointed out that the slowdown in processing trade, the total value of a direct drag on growth in foreign trade, and the general trade is the only way in a variety of trade, decline in the growth control within 10 percentage points.
Shoes, bags export growth and stability
In 2008, Dongguan exports 65.54 billion U.S. dollars, an increase of 8.9% growth rate down 18.1 percentage points. Among them, mechanical and electrical products exported 48.37 billion U.S. dollars, up 10.8%, accounting for 73.8% of export value, the proportion of slight 1.3 percentage points; export hi-tech products (with the mechanical and electrical products have cross) 23.53 billion U.S. dollars, an increase of 3.9%, an increase of drop 60.5 percentage points.
Traditional bulk commodities, footwear, bags maintained a double-digit growth, but furniture, textiles, toys and plastic products are stagnating or falling. Of these, total exports of furniture and parts thereof was 27.8 billion U.S. dollars, Bi Zeng 1.3%; toy export volume was 14.7 billion U.S. dollars, down 3.7%; textiles (including clothing and textile yarn) exports of 4.66 billion U.S. dollars, Bi Zeng 1.6% plastic products 1.07 billion U.S. dollars, compared with 8.7% down.
The major trading partners, both exports and imports are slowing
In 2008, Dongguan on both exports and imports of all major trading partners are slowing. Hong Kong, the United States, the European Union is still in 2008, Dongguan’s foreign trade import and export of key partners and major export markets.
Imports, the Chinese mainland China Taiwan and Japan continues to occupy a pre-3 source of imports. Dongguan’s industrial structure due to the “two out” as the mainstay, the international financial tsunami on the main source of imports and key market data on the performance of exports is equally clear, an increase largely down to single digits or even declined.
-
About the Author:
I am a professional editor from China Suppliers, and my work is to promote a free online trade platform.
http://www.frbiz.com/ contain a great deal of information about
transformer oil purifier , used transformer oil
welcome to visit!
Article Source