Canton Fair Clothing Paction Cold To Buyers Increased By 3.7%
According to the latest statistics released by the Canton Fair's organizers in April 28th, as of April 26th (two opening second days), the total export volume of the fair was 28 billion 860 million US dollars, an increase of 1.6% over the same period last autumn, representing an increase of 5.7% over the same period last spring. However, this increase is down compared with the 1.8% and 6% increase at the end of the first phase. Among them, the organizers listed for the first time the volume of clothing export turnover - $2 billion 860 million - down 4.7% from the same period last autumn.
"Actually, the present situation is not very satisfactory." Guangdong provincial foreign trade and Economic Cooperation Department official told reporters, "I do not think that the total turnover of nearly 60% of the mechanical and electrical products are more important than before, had a record of close to 90%. Because the price of mechanical and electrical products is much higher than that of bulk trade goods, and the proportion is high.
According to the statistics of the Canton fair organizers, as of April 26th, the turnover of mechanical and electrical products as the largest category reached 16 billion 220 million US dollars, accounting for 56.2% of the total turnover, up 8.4% over the same period last autumn.
At present, the situation of domestic export trade is grim and the trade volume of traditional bulk trade is declining. Compared with the same period last autumn, the turnover of electronic and electrical products increased by 45.1%.
Private enterprises are still trading highlights for trade fairs, with a total turnover of 17 billion 580 million US dollars, accounting for 60.9% of the total turnover, far higher than the 25.6% and 13.5% ratio of state-owned enterprises and foreign-invested enterprises.
The beginning of the brand effect has made the brand exhibition area reach a record high of 35.2% of the total turnover after the first phase, and 610 million dollars in the first two days of the second period, accounting for 17.9% of the total turnover.
As of April 26th, there were 174391 purchasers in the export exhibition area of the Canton Fair, but only 3.7% increased compared with last autumn's fair. The top five countries and regions are Hongkong Special Administrative Region, the United States, Taiwan, India and Malaysia.
Insiders believe that the growth of purchasers in the Canton Fair has narrowed significantly. The increase in the number of purchasers during the spring fair was 11.9% last year.
"We feel that buyers have significantly reduced, and the paction is not ideal, customers are willing to trade. After a trade fair, we can get 3-4 customers to contact us. " Lao Cheng Xing, general manager of Cheng Xing daily products company in Yuyao, Zhejiang, once told reporters that "two years ago, a booth for Canton Fair will be 130 thousand. Now it only needs 50 thousand -7 million, which has dropped by more than 50%. However, the number of exhibitors in our trading group (Ningbo group) is still less and less."
Guo Weiwen, the head of the WAN Bang shoe company and Secretary General of Guangdong footwear alliance, said that the buyers' adjustment of the procurement base is a normal reflection of all kinds of comprehensive factors, and the competitiveness of Vietnam and India is also very strong.
Currently, the two phase of the exhibition includes consumer goods and gifts. Among them, the 2007 MATTEL toy recall and export tax rebate greatly reduced the volume of toys and ceramics.
According to statistics from the Guangdong branch of the Chinese Customs Department, the export of toys in Guangdong, a toy export province in 2007, was $14 billion 700 million, an increase of only 1%. In the first quarter of this year, the export of toys in Guangdong was $1 billion, an increase of 4.8% over the same period last year, down 24.7 percentage points from the 29.5% increase in the same period last year. Among them, US toys exported to US $420 million, down 6.3% compared with the same period last year.
"We hope that the government can help us tide over the difficulties." Mr. Chen, head of the fig toy industry, is worried. "The growth of exchange rate makes our pricing difficult."
According to the reporter's understanding, by the fluctuation of exchange rate and the increase of cost, especially the cost of export inspection, the price of toys has generally risen by 20%-30%. Among them, the rate of increase in US exports has reached 80%. "This leads to continuous loss of customers. Many customers have moved to Southeast Asia and other places. Mr. Chen said.
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