Downturn In Shipping Industry Affects Export Market Of Foreign Shoe Enterprises Next Year

At the end of each year, the export season is a busy season. Many shipping companies also need to increase their freight rates.

The downturn in the shipping industry is a direct reflection of the downturn in foreign trade.

As a big province of foreign trade, many foreign trade enterprises in Zhejiang are looking forward to next year's

Shipping prices fell nearly 2/3 in less than a year.

Zhejiang Zhongjie import and Export Co., Ltd. has just exported 10 container crafts to Europe last week, starting from Shanghai port, the destination is Holland's Rotterdam port.

The shipping cost of each container is about $800.

Compared with last month's export, the freight per container was 250 dollars cheaper, and the 10 containers saved 2500 dollars for Zhongjie company.

More than 90% of Zhejiang's exports are by sea.

According to past habits, the end of each year is the peak season for export. Because of the lunar new year, many domestic production workers have to go to work after the first fifteen of the month. Many foreign customers want to get the goods before the year. In addition, this period is a time when large quantities of spring goods are shipped.

Therefore, many shipping companies have to increase the "peak season surcharge" of $200-400 in addition to raising freight rates.

But this year, not only will the surcharge be paid, but also the shipping price will continue to decrease.

Cai Liang (a pseudonym) is an import and export company in Zhejiang responsible for logistics staff, he has been engaged in this work for ten years.

At present, the shipping price quoted by the freight forwarding company to Europe is less than $500 for small containers. In January this year, the price of each small container would be about $1500, less than a year's decline of nearly 2/3.

Cai Liang said that less than 500 U.S. dollars of freight rates have fallen below the cost of shipping companies, which is the lowest price in his professional experience. Even during the financial crisis of 2008, it did not fall below 500 dollars.

Foreign trade enterprises will face the most difficult period next year.

The downturn in shipping industry has affected shipbuilding and export.

The downturn in the shipping industry itself is affected by the foreign trade market.

According to Hangzhou customs statistics, in the 1-11 month of this year, Zhejiang achieved a total import and export value of US $281 billion 450 million, an increase of 22.6% over the same period last year, down 1 percentage points from the 1-10 month growth rate.

"From this year's figures, the increase is around 10%.

But exports in the fourth quarter were down 10% compared with the same period last year.

Li Haijun, head of AOKANG group's foreign trade department, said.

AOKANG group has exported 3 million pairs of leather shoes this year, with a total scale of about $50 million, and is one of the major leather shoes exporters in Zhejiang.

Li Haijun explained that AOKANG was mainly exported to Europe and the United States. In the two or three quarter of this year, the export of leather shoes increased greatly due to the victory of the anti-dumping against the European Union, but in the fourth quarter, the export volume declined due to the economic downturn in Europe and the United States.

It's not just Zhejiang.

China's commerce ministry officials have warned for weeks that foreign trade prospects are tough next year.

Many analysts believe that China's economic growth next year will fall below 8%, and export slowdown is one of the main reasons.

The government has introduced policies to help enterprises actively help themselves.

In order to stabilize the foreign trade situation and help export oriented SMEs to tide over difficulties, governments at all levels are planning various policies to help them.

Wen Jiabao, premier of the State Council, said in his recent research in Jiangsu that export tax rebates and other export policies will be basically stable this year and next year. He said that the policy should be more free to create more favorable conditions for scientific and technological innovation and market search.

We should combine domestic demand with external demand.

To cope with the economic downturn, the most fundamental thing is to speed up structural adjustment, pformation and upgrading, and the most important thing is to have new breakthroughs in science and technology.

A few days ago, the General Administration of Customs revealed that customs will further improve its services and promote trade facilitation next year to reduce the burden and increase efficiency for enterprises.