Guangdong'S Footwear Exports Are Developing Steadily In The Unstable Market And Big Waves.
According to statistics released by Guangzhou customs 18, from 1 to October 2010, Guangdong shoes export 3 billion 440 million pairs, worth 10 billion 150 million US dollars, increased by 20.5% and 24.4% respectively over the same period last year.
In the past 3 months, the size of the export of Guangdong's shoes has narrowed down, and the export volume has decreased continuously. In October, 290 million pairs of exports were increased, 1.8% increased, the ratio decreased by 3.1%, the value was 960 million dollars, the growth rate was 30%, and the annulus ratio decreased by 11.3%.
The data show that Guangdong shoes still dominate the traditional European and American market, and export performance to emerging markets is different.
From 1 to October, Guangdong shoes exported 4 billion 620 million US dollars and 1 billion 410 million US dollars to the traditional markets of the United States and the European Union, respectively, and increased by 21% and 25.1% respectively. The total export value of the above two markets accounted for 59.5% of the total export value of Guangdong shoes for the same period, and the proportion of the exports was reduced by 1.2 percentage points over the same period of last year.
The gradual recovery of the Latin American economy and the establishment of the China ASEAN Free Trade Zone provide a good opportunity for the export of Guangdong's shoes. From 1 to October, the export value of Guangdong shoes to Latin America and ASEAN exceeded 5, respectively, for exports of US $740 million and US $710 million, up 68.3% and 50.6% respectively, while exports to Africa and the Middle East were not as good as the total. Exports to Africa were US $380 million, an increase of 18%, while exports to the Middle East were 250 million US dollars, down by 26.9%.
Customs reminded recently
Trade protectionism
Concentrated outbreak and accelerated appreciation of RMB.
Raw material cost
The rise and the introduction of support measures by competitors have brought instability to footwear exports: first, frequent trade protectionism measures and increasing export costs.
The two is the recent appreciation of the renminbi against the US dollar, which compresses export profits.
Three is the substantial increase in production cost and the reduction of product competitive advantage.
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