Dongguan Shoes And Clothing Successfully Get Rid Of Negative Growth In US Import And Export

September 27th hearing Dongguan The slowdown in export growth for many months was finally broken in August, and the negative growth in imports and exports in July did not last.

Yesterday, the Whampoa customs informed Dongguan about the import and export of foreign trade in the first 8 months of this year. Data show that the total volume of foreign trade and import and export in Dongguan increased by 13% over the same period of 1~8 this year, reaching 87 billion 150 million US dollars. The main data of Dongguan's foreign trade in August were all red, and the total import and export volume, import volume and export volume all reached a record high.

However, it is worth noting that the export situation of traditional commodities in Dongguan is worrying. In the past, exports of furniture, shoes and other main export products in Dongguan had declined. Customs recommends that enterprises should act as soon as possible. Economics The situation is adjusted to speed up transformation and upgrading, and to innovate the way of settlement.

　　 The growth rate in August was lower than that in the provinces.

According to customs statistics, the total import and export volume of foreign trade in Dongguan was $87 billion 150 million in 1~8 months this year, of which exports were US $50 billion 10 million and imports were US $37 billion 140 million, representing an increase of 14% and 11.7% respectively. However, Dongguan's import and export, exports and imports increased by 9.4, 10 and 8.5 percentage points respectively over the same period of Guangdong's import and export, exports and imports.

However, it is gratifying to note that the main data of Dongguan's foreign trade in August were all red, with an import and export volume of US $12 billion 710 million, of which US $7 billion 430 million was exported and US $5 billion 280 million was imported.

"In August, Dongguan's import and export volume, import volume and export volume reached a record high." Whampoa customs related officials believe that this year, the monthly import and export growth year-on-year growth rate lingering low for many months in August eased, the import and export, export and import growth in August has rebounded, especially the import growth rebounded significantly, an increase of 13.6% over the same period.

　　 machining Trade Slow growth

Although the import and export volume of processing trade in Dongguan in the first 8 months accounted for nearly 80% of the total foreign trade volume in the same period, reaching 67 billion 260 million US dollars, however, its growth rate was relatively weak, and the growth rate of import and export volume, export volume and import volume were only 6.8, 8.6 and 4.2 percentage points respectively.

In the first 8 months of this year, imports and exports of general trade, which accounted for only 16.8% of Dongguan's total foreign trade volume, were quite active, with an import and export volume of US $14 billion 670 million, an increase of 40.2% over the same period last year, which is 27.2 percentage points higher than that of Dongguan's import and export growth during the same period.

　 Getting rid of negative growth in US import and export

In terms of trade volume for major trading partners, they both grew in August, and also got rid of the negative growth of imports and exports to the US in July.

Overall, the top 6 Dongguan trading partners this year are 1~8, China, Hongkong, the United States, the European Union, Japan, ASEAN and China Taiwan. The total amount of imports and exports of the above-mentioned 6 places was 64 billion 810 million US dollars, accounting for 74.4%, of which, the import and export of Japan increased by only 3.3% compared to the same period last year, while the import and export of South Korea increased by 41% over the same period.

How to treat the above foreign trade data? Yesterday, the reporter interviewed Professor Jiang Lin of South of the Five Ridges College of Zhongshan University and listened to his interpretation.

　　 Does the foreign trade data go all red?

Data: in August, the main data of Dongguan's foreign trade were all red, with an import and export volume of US $12 billion 710 million, of which US $7 billion 430 million was exported and US $5 billion 280 million was imported. {page_ Break}

Interpretation: Although the customs data is "red across the board", whether the enterprise is facing the "cold current" is not looking at this value, but looking at profits and returns.

The growth of data at the moment is likely to be the result of two situations: first, enterprises are forced to take orders to maintain their existing production scale and normal operation; on the other hand, considering the appreciation of Renminbi in the future and the impact of rising prices of various raw materials, many enterprises release orders in advance (i.e., advance shipment).

Although the above two situations can bring the growth of data value, they fail to increase the profits of enterprises, or even lead enterprises to lose money. Therefore, the current economic situation is still not optimistic.

　 Why does the export of shoes and other traditional commodities decline?

Data: in the import and export products, mechanical and electrical products still occupy the leading position of Dongguan's export products. But in August, the data of traditional commodity exports were not optimistic. After entering August, the export situation of most of the traditional bulk export commodities was worrying, and exports of furniture, shoes and sporting goods declined.

Interpretation: the decline of exports of traditional goods such as shoes is mainly due to the fact that many of these products are OEM (foundry production). The core competitiveness of this production mode is cheap raw materials and labor. However, these two costs have not been "cheap" in Dongguan, and the two costs have increased since the beginning of the year. As a result, Dongguan has gradually lost its competitiveness, and the decline in exports is expected.

If enterprises want to get rid of the predicament, they must upgrade their technology and widen their sales channels. The most fundamental solution is transformation, and complete the transformation from OEM to OBM.

　　 Will the US trade out of the negative growth market in August and have a good future?

Data: in July, Dongguan's imports and exports to the United States decreased by 6.9% from 1 billion 780 million US dollars, the first negative growth occurred in the year. But in August, it went out of this predicament, and the US import and export grew by 2.8% over the same period last year.

Interpretation: the negative growth in July has something to do with the decline in US sovereign debt credit rating and the depreciation of the US dollar in that month. But in the long run, Dongguan's fluctuation in the US import and export is not surprising, so we should see that the potential of the European and American markets is limited.

As one of Dongguan's long-term trading partners, the demand for processing trade products in Europe and the United States will continue to grow steadily, but the growth rate has been very limited.

Therefore, enterprises should no longer regard the European and American markets as the object of self sustainable development. They should shift more attention to developing new markets.