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    Footwear Exports In Dongguan Remain Strong

    2008/8/28 9:50:00 6

    Footwear Exports To Dongguan

    Yesterday, the reporter learned from the Whampoa customs that in the 1-7 month of this year, the total export volume of Dongguan's traditional commodities totaled 7 billion 450 million US dollars, an increase of 4.7% compared with the same period last year, and the increase was 16.3 percentage points lower.

    Among them, textile yarns, toys and plastic products showed negative growth.

    However, emerging electromechanical products have become the main export force.

    Footwear export growth remains strong

    According to the latest data released by the Whampoa customs office in Changan, in the 1-7 month of this year, the total export volume of traditional commodities in Dongguan totaled 7 billion 450 million US dollars, up only 4.7%. from the same period last year, compared with the increase of 21% last year.

    Textile yarn, toys and plastic products showed negative growth.

    The export of textile yarn decreased by 6.3%, toys decreased by 2.7%, plastic products decreased by 7.9%., while the growth rate of toys and plastic products increased by 29.5% and 22.3%. during the same period last year.

    In addition, the traditional bulk export commodities such as clothing, furniture, bags and so on are still growing, but the growth rate has dropped significantly.

    Footwear with the smallest increase has also declined from 19.1% in the same period last year to 17.6%. this year.

    Emerging electromechanical products have become the main force of Dongguan's exports.

    In 1-7 months, the import and export of Dongguan's mechanical and electrical products increased by 26.1%, accounting for 45 billion 630 million of the total value of imports and exports of Dongguan in the same period of 68.7%..

    Small and medium factories face industry reshuffle

    According to customs statistics of Whampoa, the US subprime mortgage crisis has spread all over the world this year, and overseas consumer demand is weak, resulting in a sharp decline in orders for Dongguan.

    "We do not think the situation is very bad now."

    The company, a large toy company in Zhangmutou town, said that orders had not been reduced this year.

    But small and medium-sized toy factories have reduced orders, or even failed to take orders.

    He thinks this is a process of industry shuffling.

    This statement has also been recognized by the Whampoa Customs Statistics Department.

    It is reported that in July, the value of imports and exports in January was 10 billion 720 million US dollars, and the growth of 18%. exceeded US $10 billion in one month, the first time this year.

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