The European Debt Crisis Has A Negative Impact On Taizhou'S Export Oriented Shoe Enterprises.

On July 24th, the world economy continued to recover in the first half of this year.

According to Taizhou customs statistics, we entered the first half of this year.

June: export value and import and export value hit a "new high".

According to the statistics of Taizhou customs, the monthly export value and import and export value of our city in June have reached a record high since January 2007.

In June, the import and export value of our city was 1 billion 520 million US dollars, an increase of 53.1%.

Among them, exports amounted to 1 billion 260 million US dollars, an increase of 50.7%, and imports of US $260 million, an increase of 65.7%.

From the point of view of the ring ratio, imports and exports increased by 5.6% in June compared with May, of which exports rose by 5%, and imports grew by 8.3%.

According to the analysis of Taizhou customs, Taizhou's foreign trade exports increased substantially in the first half of the year, mainly due to the growth of external demand brought by the gradual recovery of the world economy and the repurchase of foreign stocks.

In the first half of this year, our mechanical and electrical products exported 3 billion 540 million US dollars, an increase of 48.9%, accounting for 54.9% of the total export volume of the city. Among them, the export of key electromechanical products such as ships and industrial sewing machines increased significantly, with an increase of 58.9% and 97.8% respectively.

In addition, the export of traditional furniture, footwear and textiles in our city has increased by more than 20%, and the export growth rate of auto parts and plastic products is more than 40%.

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In the first half of this year, the total value of foreign trade and import and export value of our city has reached a new high, marking that the development of our foreign trade has gradually stepped out of the shadow of the financial crisis, showing a good situation of steady recovery.

However, in the view of customs officials in Taizhou, influenced by multiple factors at home and abroad, there will be many variables in the development of foreign trade situation in the second half of the year. Among them, the most important concern for Taizhou enterprises is the "European debt crisis".

According to the introduction, the European Union is the largest export market of our city. In the first half of this year, our city exported US $1 billion 820 million to the EU market, accounting for 28% of the total exports of the city, and the value of exports increased by 38.5% over the same period last year.

At present, although the adverse impact of the European debt crisis on our city is not obvious, but because of the gloomy economic recovery prospects, the EU's import demand is hard to grow effectively, which will directly adversely affect the export of our city.

According to the Taizhou customs, the depreciation of the euro against the RMB in recent months has seriously weakened the competitiveness of China's export products in the European market, and various anti-dumping and countervailing measures have followed. In the future, China's export prospects for the EU are extremely uncertain.

In addition, the prices of commodities such as crude oil, gold and grain have been rising this year, and the prices of domestic raw materials have continued to rise.

At the same time, influenced by many factors, such as the pressure of RMB appreciation, the adjustment of export tax rebate and the increase of labor costs, the future export of our city will face double pressures of increasing international competition and rising domestic costs.

Accordingly, Taizhou customs officials believe that under such circumstances, it is still crucial to speed up the pformation of foreign trade development mode and industrial pformation and upgrading.