Facing Many Problems On The Way Back To Foreign Trade

A few days ago, Nanjing Customs issued data on some import and export products of Jiangsu port in the first five months of this year.

Household appliances

Export growth is more than 50%, and profit margins have been squeezed.

Data: from 1 to May, Jiangsu port accumulatively exported 20 billion 930 million US dollars of household electrical appliances, an increase of 55.4% over the same period last year.

More than 60% of them are exported to the European Union and the United States, and over 1 billion US dollars are exported to ASEAN, Japan and Latin America.

The export products are mainly automatic data processing equipment and its components, accounting for 68% of the total value.

The export of traditional household appliances such as TV sets, washing machines, refrigerators, air conditioners and so on, is "relegated to the second tier".

Analysis: thanks to the global economic recovery, home appliances export orders rebounded significantly, and household electrical appliance enterprises continued to accelerate the pace of technology and product innovation to promote market growth.

It is noteworthy that, since the second half of last year, the prices of raw materials such as steel and copper have been rising, and the cost of labor has also been rising.

At the same time, in the terminal retail market, the price of LCD TV, high-end refrigerators and other products continues to decline, and the profit margins of enterprises are further squeezed.

Textile and clothing

In May, exports were high, but later pressure was not small.

Data: from 1 to May, Jiangsu port exported 880 million US dollars of textile and clothing, an increase of 27.2% over the same period last year.

The value of exports in May was the highest since 2009.

Overall, the proportion of us, EU and sunrise exports declined, and exports to some emerging markets were better than the total. For example, exports to Bangladesh, ASEAN and India increased by 45.5%, 91.3% and 2 times respectively.

Analysis: textile and garment exports face many pressures in the second half of the year.

First, the unemployment rate in developed economies such as the United States, Europe and Japan remains high, and the situation of short-term and external market downturn is hard to reverse.

In addition, this year, the RMB has always been in a passive appreciation of the euro, which will greatly weaken the competitiveness of our textile and clothing exports to Europe.

In addition, the high cost of labor and the high cost of raw materials such as cotton also reduce the profitability of the textile industry.

Customs suggested that relevant departments and trade associations should pay close attention to exports to the European Union.

Toys

Export growth is fast and bargaining power is not strong.

Data: from 1 to May, the total export of toys at Jiangsu port was US $75 million 700 thousand, an increase of 19.7% over the same period last year.

The total exports to the European Union and the United States accounted for 59% of the total value and the fastest growth in Latin American exports to 1.2 times.

Dolls are the main export varieties.

Analysis: the revival of the external economic environment has led to a continuous improvement in toy exports, but some constraints must also be noticed: if many EU member states are troubled by the debt crisis, the latter order is likely to shrink.

Some emerging markets began to build up technical barriers to trade.

Moreover, the prices of plastic, cloth and paper, which are needed for toy production in the near future, have risen significantly, but the bargaining power of enterprises is not strong enough, and export prices have not been able to achieve simultaneous improvement, and profits have been seriously squeezed.

The customs recommends that enterprises should be guided to increase product research and development and independent brand building, changing from cost advantage to quality advantage, actively developing new markets such as ASEAN Free Trade Area, Peru and South America, improving the internal quality control system of toy industry, and strengthening the strength of toy inspection and quarantine.

Dairy

Surge in imports and industrial alarm bells

Data: from 1 to May, Jiangsu Port imported 1537 tons of dairy products, an increase of 3.7 times compared with the same period last year, and the average import price was 2785 US dollars per ton, an increase of 45.8%.

New Zealand is the largest source of imports, accounting for 42.7% of imports. Imports from the United States grew fastest, up 184 times over the same period last year.

Analysis: "Sanlu milk powder incident" has a certain impact on the production and sale of dairy products in China, resulting in the rapid growth of imported dairy products.

Imported dairy products have a price advantage. The cost of imported milk powder is about 16 thousand yuan / ton, while the cost of domestic milk powder is about 25 thousand yuan / ton.

It is worth noting that the recent rise in foreign milk powder has started a new wave of price rise. Nevertheless, it still occupies most of the domestic market.

Customs recommends that we should further establish a sound regulatory mechanism for food safety, guide dairy production and processing enterprises to build their own milk source base, and ensure dairy safety from the source.