Wenzhou Shoe Companies Export To Brics Russia

As one of the BRICs of emerging markets, the world's only major economy outside the WTO will be subject to a sharp reduction in tariffs after Russia's accession to the WTO.

According to Xinhua news agency, the overall tariff level of Russia will be reduced by about 3.5% after the accession to WTO. The weighted average tax rate will fall to 7.6% in 2013, and 6.9% in 2014, and 6% in 2015.

This is undoubtedly a great temptation to Wenzhou's manufacturing industry, which is famous for its light industry.

Wenzhou exports face cold winter

According to the Wenzhou customs circular, the total value of Wenzhou's foreign trade exports in the 1-6 months of this year was US $8 billion 320 million, an increase of only 2.1% over the same period last year. This contrasts sharply with the growth momentum of 30% in previous years, and is also far below the 8.7% increase in the total export volume of the whole country.

Yesterday, the Wenzhou customs provided data for July - the total value of foreign trade exports was 1 billion 750 million US dollars, down 9% compared to the same period last year. Wenzhou's total foreign trade export value was 10 billion 60 million US dollars in the 1-7 month, down 0.1% from the same period last year.

Wenzhou's exports suffered many unmet cold years.

The data also showed that in the first half of this year, the volume of trade between Wenzhou enterprises and the EU was 2 billion 260 million US dollars, a decrease of 11.19% compared with the same period last year. The volume of trade with the United States was US $1 billion 248 million, an increase of 16.39% over the same period last year. The trade volume with ASEAN reached US $751 million, an increase of 8.96% over the same period last year. The trade volume with Russia was US $644 million, an increase of 12% over the same period last year.

The economy with over 2 digits is only the United States and Russia.

But the export situation in Wenzhou is not without merit. The Wenzhou valve shows a sudden emergence.

According to the Wenzhou entry exit inspection and Quarantine Bureau, in the first half of this year, 8672 batches of export valve products were exported from Wenzhou, with an export amount of US $269 million, and export volume increased by 42.33% compared with the same period last year. The number of actual shipment enterprises was 425, the number of exporting countries and regions was 128, and the top three export volume were: the United States, Russia and Italy.

Although the export of clothing in Wenzhou is also growing slowly, the EU's exports are most serious, but Russia's market has increased by 88% in the first 5 months.

Can Russia become a new engine of Wenzhou's exports when it enters the WTO?

Warming enterprises to prepare for Russian market

GMC quality manufacturer Zhejiang Mei Deng Furniture Co., Ltd., the factory occupies more than 50 thousand square meters, with annual sales of about 150 million yuan, is the vice president of Wenzhou furniture industry unit, 10 years ago, entered the Russian market.

Pan Xianbang, chairman of the company, was interviewed by reporters recently. He was very concerned about the Russian market: "China and Russia are strategic cooperative partners. Last year, the trade volume between the two sides reached about 80000000000 US dollars, and increased to 100 billion dollars before 2015, and to 200 billion US dollars in 2020. This is the goal of the country. Russia is, of course, a big market."

Pan Xianbang said.

It is a modern country. Light industry starts relatively late. This is a great opportunity for Wenzhou enterprises. "We are mainly promoting high-end light furniture in Russia and Ukraine. The added value is relatively high, convenient and convenient, and it is very popular among locals."

It is understood that the annual export volume of American furniture is around 2 million dollars, while that of Eastern Europe is more than 50%.

"Russia's entry into the WTO will definitely be a good thing for our export enterprises. I want to have a detailed understanding of the changes in the market with the general agent of Russia."

Pan Xianbang told reporters this.

Wenzhou aibang Shoes Co., Ltd. is the "beginner" who has just opened up the Russian market this year. It received orders in June, and there will be three high cabinet volumes in the second half year.

"At present, the volume is small, mainly to recognize several new customers, so as to enter the Russian market."

Huang Huan, a foreign trade manager, said that after Russia's accession to the WTO, it could no longer sit back and wait for orders. Instead, it should take the initiative to find out the source of tourists.

Grey customs clearance is hard to make history

Wenzhou products exported to Russia, "gray customs clearance" is difficult to circumvent the pain.

Wenzhou

The association has conducted an investigation. At least 400 Wenzhou shoe companies suffered direct losses, and more than 100 of them began to go bankrupt.

Russia is the third largest market for Wenzhou shoe exports. Xie Rongfang, executive director of Wenzhou shoe leather association, said that at present, Russia's examination and approval procedures are complex, inefficient and irregularities. It is expected that the WTO will form a forced mechanism, forcing the Russian government to improve its trading environment, and the issue of grey customs clearance will also be gradually standardized.

In order to avoid "gray customs clearance", Kangnai group has led the formation of the Russian economic and trade cooperation zone, adopting the cross border processing and production mode, and affixed the "Russian brand" to Chinese products. At the end of last year, 23 enterprises were attracted to park in the park, mainly in light industry such as leather shoes, clothing and furniture manufacturing.

Zhou Jinmiao, deputy general manager of Kangnai group, said: "after entering WTO, the trade environment of enterprises will definitely improve and have an equal status."

Although Russia has consolidated the gray customs before entering the WTO.

Despite Russia's commitment to WTO, trade between China and Russia will move towards a new stage of legal and normative bilateral trade.

But in the eyes of professionals, it is still a long way to go to bid farewell to the "grey customs clearance".

The global market group, which is listed in London, is an international effort to promote quality "made in China" globally.

Wei Tao, the marketing director of the company, said in a telephone interview with reporters that due to complex historical background, interest chains and Russian regional differences, he hoped that the WTO entry would soon solve the problem of "grey customs clearance" too optimistic.

According to his estimate, the problem will be solved after 5 years.

In Wei Tao's view, because the European debt crisis can not be solved in the short term, the blow to the middleman is bigger, including Wenzhou, the EU's exports are shrinking, and Russia is a good emerging market.

He also suggested that Wenzhou enterprises interested in exporting to Russia should be familiar with local policies and regulations, set up legitimate enterprises in Russia as soon as possible, and hire local workers to find more reliable channel traders, instead of using traditional frontier trade thinking to do Russian market.

Sino Russian trade situation

In 2001, the volume of trade between China and Russia had exceeded 10 billion US dollars. From 2001 to 2008, the trade between the two countries experienced a rapid development period. In 2008, the volume of trade exceeded 50 billion dollars.

However, due to the economic crisis, it fell sharply in 2009 to 39 billion US dollars.

After that, the volume of trade between the two sides began to recover quickly.

According to China Customs statistics, in 2011, the total value of China's exports to Russia increased by 31.4%, and Russia became the highest growth rate among China's major export countries.

In the first 5 months of this year, the total volume of trade between China and Russia increased by 24.4%.

For Russia, China is the largest trading partner, and for China, Russia has risen from tenth to eighth last year.

In the first 10 trading partners of China, trade with Russia is growing fastest.

Almost half of China's exports to Russia are electrical and mechanical, while others are mainly clothing, toys and so on.