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Guangdong Shoe Exports Dropped By 22.2% In March

2010/4/19 15:38:00 38

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Guangzhou customs statistics released on the 18 day showed that in the 1 quarter of 2010, Guangdong exported shoes 960 million pairs, valued at 2 billion 590 million US dollars, compared with the same period last year (the same below) increased by 16.5% and 7.7% respectively.

But in March, exports of 260 million pairs dropped by 22.2%.

In the 1 quarter, Guangdong shoes exported to US $1 billion 150 million, an increase of 6.6%, accounting for 44.5% of the total exports of Guangdong's shoes in the same period. The export to the EU was US $410 million, an increase of 14.4%, accounting for 15.7% of the total export volume of Guangdong in the same period.

In March, exports to the 2 markets increased, and exports to the United States and the European Union were US $380 million and US $100 million, respectively, by 16.7% and 0.3% respectively.

Guangdong shoes have different ups and downs on emerging market exports.

Among them, exports to ASEAN and Latin America were 180 million US dollars and 140 million US dollars respectively, increasing by 27% and 34.3% respectively.

Exports to Africa and the Middle East were 76 million 890 thousand US dollars and 66 million 370 thousand US dollars respectively, down 6.3% and 37% respectively.

In March, exports to these emerging markets showed a downward trend, and exports to ASEAN, Latin America, Africa and the Middle East decreased by 37.7%, 8.4%, 45.9% and 66.2% respectively.

In March, the export volume of Guangdong shoes decreased significantly, except for the traditional production slump after the Spring Festival holiday, some shoe manufacturers in the Pearl River Delta region had a large gap in employment, which also had a certain impact on the export of shoes in March.

At the same time, the future of Guangdong shoe exports still faces pressure from the outbreak of trade measures and cost increase.

According to the customs analysis, China has increasingly attached importance to income distribution recently. Apart from the obvious increase in the wages of workers, the matching living conditions have improved significantly and the labor cost has been raised.

In addition, the cost of raw materials has gradually increased. Due to the drought and rubber production in Southwest China, the price of shoe sole has risen. At the same time, since April last year, due to some restrictive measures on raw material export in some underdeveloped areas such as Southeast Asia and Africa, the situation of supply and demand has not been met. The price of raw materials imported from abroad has continued to rise, and the cost of employment and materials has increased the profit margins of enterprises.

Source: Guangdong News Network