Shoe Enterprises Are Hard To Avoid Financial Crisis. Some Enterprises Are On The Verge Of Loss.

"Who said that the financial crisis is far from us?

The impact on our business has emerged. "

Guo Li is the head of a private cloth shoe processing company in Changchun. Her import and export volume in the European and American markets has lost 2 million US dollars, accounting for 67% of the total foreign exchange earnings earned by the company.

More than 50 invitations will be sent to more than 30 people.

Guo Li opened a cloth shoe factory in Changchun Luyuan District, Jilin Province, and sold cheap cloth shoes to the United States and Europe.

The company has an annual sales volume of 30 million yuan and a foreign exchange earning 3 million US dollars.

The Canton Fair has always been an important occasion for Guo Li to negotiate with European and American clients.

But this year's Fair is rather cold.

"2/3 customers didn't come.

This year, we sent 50 invitations to customers in Europe and the United States, but more than 30 customers said they could not come.

This caused Guo Li to lose many potential orders and "lose 2 million dollars".

Our province's data: affected by the US financial crisis and the "economic crisis", some small and medium-sized foreign trade enterprises in our province are facing difficulties.

According to the statistics of the Provincial Department of Commerce, in September, the growth rate of import and export in our province dropped sharply.

Imports and exports grew by only 4.8% over the same period last year, a decrease of 20.8% compared with August, of which exports increased by 15.3% over the same period last year, down 16.3% compared with August, while imports fell 0.1% compared with August, down 23.1% compared with August.

Us orders reduce 1/3

Guo Li said that the shoes produced by her company are mainly exported to the United States, Japan, Korea, Germany, Canada, Egypt and other countries. The largest market is the United States, followed by Germany.

After the financial crisis, the US customer orders decreased by 1/3.

Some old customers complained that after the outbreak of the financial crisis, many Americans were worried about shrinking property and began to tighten their clothing and shoes, fruits and other products were not well sold.

It was expected that the European market would last for a while.

The European market is also shrinking. She is very anxious and helpless.

"If the European and American markets can't go on, we will shift our target to domestic or Asian markets."

Our province's data: the latest data of the Provincial Department of Commerce show that in the first 9 months, 5 kinds of commodity exports in our province decreased.

Guo Li made the biggest impact on footwear, exports fell 71.9% compared to the same period last year, grain and grain powder exports fell 67.6% compared with the same period last year, fresh dried fruits and dried fruit exports fell 40.4% compared to the same period last year.

Exports are decreasing, and some enterprises are on the verge of losses.

Li, director of the office of a handicraft company in Jilin Province, is worried that the company will lose money from profit.

"We have made oral trade for eight years, with an annual export volume of about US $4 million ~600 million, but the volume of exports began to decline sharply in the second half of last year."

First, the dollar depreciated, and the company lost 2 million dollars.

The financial turmoil has worsened. The company's handicrafts are sold to more than 20 countries and regions in the world with an annual output value of more than 2000 yuan.

In the past two months, the export orders of the company have declined, and the prices of export products have also been lowered. "This year's sharp reduction in profits seems to be a foregone conclusion."

Provincial chamber of Commerce: helping enterprises to study countermeasures

The impact of financial turmoil in Europe and the United States on export enterprises has aroused great concern from the Provincial Department of Commerce.

"The provincial chamber of Commerce decided to convene a seminar on foreign trade enterprises to understand the problems of foreign trade enterprises, help enterprises to study countermeasures and minimize losses in the financial turmoil," the person in charge said.

Newspaper reporter Hu Jing

Related news

The first 9 months of the province's imports and exports

Over a billion dollars

Washington (reporter Hu Jing) in the global "financial crisis" and "economic crisis" under the dual pressure, our province's business indicators to achieve a better record.

Yesterday, the reporter learned from the Provincial Department of commerce that in the first 9 months, the total import and export volume of the province was 10 billion 203 million 970 thousand US dollars, up 39.5% from the same period last year, of which 3 billion 372 million 30 thousand US dollars were exported, up 27.5% from the same period last year, and the import value was 6 billion 831 million 940 thousand US dollars, up 46.3% over the same period last year.

According to statistics, the actual utilization of foreign capital in the first nine months was 2 billion 38 million 830 thousand US dollars, an increase of 28.04% over the previous year, and 71.74% of the total annual plan.