Zhejiang'S Foreign Trade Growth Slowed Down, And Companies Felt "Harder Than 2008."

"It turned out to be 80 yards, and now it's 50 yards."

Wang Jiadong drew an analogy, comparing his foreign trade business to driving, and was forced to slow down.

Wang is Ningbo Won Bin import and export limited.

The main export objects of Ningbo Won Bin import and Export Co., Ltd. are some European and American countries. The other side's business mode has turned into "multi batch small orders". The cost is greatly increased, the terminal price is not coming, and the gross profit is less and less.

Wang Jia Dong's next salesman, who had been with him for 7 years, described that "at last there was no water."

This year, Zhejiang's foreign trade economy has been overshadowed by mist.

According to the latest statistics of Hangzhou customs, the total value of foreign trade imports and exports reached 281 billion 450 million US dollars in 1~11 months this year, an increase of 22.6% over the same period last year, down 1 percentage points from the 1~10 month growth rate, 1 percentage points lower than the national import and export growth rate.

Among them, since September, the growth rate of Zhejiang's foreign trade has been declining, and the latest data show that this year 1~11 month, although exports 197 billion 10 million US dollars, ranked the third place in the country, year-on-year.

Zhang Handong, director of Zhejiang international economic and Trade Research Center, told the daily economic news reporter that the current foreign trade situation is "very grim."

In his view, even worse than 2008, this year's "high before and after low, the annual growth rate down" is a foregone conclusion, next year's growth rate is likely to further reduce.

Corporate profits shrank by 40%

Zhejiang's foreign trade and economic operation monitoring system analysis shows that while export is weak, the export profits of enterprises are also not optimistic.

In October, the proportion of corporate profits increased by only 27.4% last year, down 0.2% from last month, while corporate profits decreased by 41.3% over the same period last year, an increase of 1.5% over last month.

The proportion of corporate profits decreased by 8 months has been hovering around 40% for a long time. It is expected that profits will not change significantly during the year.

The decline in the efficiency of enterprises and the unprofitable production of orders will adversely affect the enthusiasm of the export enterprises to receive new bills.

In addition to Ningbo, Taizhou and Jiaxing, CIC recently released a survey report on SMEs in Hangzhou and Shaoxing. "The current order situation of export oriented SMEs is similar to that in the four quarter of 2008, but the declining trend of orders is not yet seen."

"Domestic costs rise, external prices will not rise, gross margins will be less and less."

Wang Jiadong told the daily economic news reporter that manufacturers of foreign trade products were more upset.

Growth rate slipped and bottomed out.

"This slowdown is not yet bottoming out," Zhang Handong predicts. In 2011, Zhejiang's foreign trade growth will be around 15% year-on-year, and the growth rate in the next few years may be further reduced.

Zhang Handong believes that the reasons for the decline in the growth rate of foreign trade are more complicated, including external economic conditions in Europe and the United States, international trade frictions and exchange rate changes, as well as internal factors, such as raw materials and labor costs, which increase in production and operation costs. "The advantage of cheap labor costs is weakening and the price advantage is decreasing."

According to the data disclosed by relevant departments in Chongqing, the import and export volume of processing trade reached US $5 billion 783 million in 1~11 months, an increase of 325.26% over the same period last year, accounting for 22.68% of the total foreign trade in the same period and an increase of 9.69%.

It is not hard to see that domestic processing trade has shown signs of diversion to the mainland.

Wang Jiadong believes that Zhejiang's foreign trade situation next year is "steady down".

From the terminal market, the current foreign trade situation in Europe is very grim, but the United States is still stable.

He believes that although the overall market is sluggish, there is room for growth for individual companies, such as reducing intermediate links.

"If there is no new

Zhejiang is just a microcosm of domestic and foreign trade.

Shen Danyang, spokesman of the Ministry of Commerce, said in December 15th that the impact of environmental changes at home and abroad on China's foreign trade is continuing, and that the foreign trade situation will be very severe in the first quarter of next year.