Quanzhou Footwear Industry Expands Russia Market In A Large Scale

In August this year, Russia officially became the 156th member of the WTO. The more open market environment also brings new opportunities for Quanzhou's manufacturing industry. Quanzhou inspection and Quarantine Bureau recently released a set of data shows that Russia's accession to the world by the end of October this year foreign trade market Not ideal, Quanzhou exports to Russia textile and clothing has been counter trend growth, exports nearly doubled. According to the insiders, Russia's accession to the WTO will bring about benefits in addition to tariff preferences. Some previous non-standard customs clearance is also expected to be reformed.

Favorable: tariff reduction, customs clearance rules or more standardized

In fact, before Russia's accession to the WTO, many entrepreneurs in Quanzhou went deep into the market there. At present, nearly 200 enterprises in Quanzhou have set up offices in Russia. As Russia's light industry is relatively weak in manufacturing, the light industrial products have long maintained a higher import tariff before entering the world trade organization, and the tariffs on clothing vary from 12% to 30%. After the formal accession to the WTO, the average tariff level of Russia gradually decreased from 9.5% to 7.4% in 2013, down to 6.9% in 2014 and 6% in 2015, which is Quanzhou. Textile and clothing Opening up Russia has brought opportunities.

However, many businessmen in Quanzhou said that Russia's market was not standardized before entering WTO, and there were "irregular rules" such as "grey customs clearance". After Russia's accession to the WTO, Zhou Xiaoping also plans to visit Russia with several friends. "Some of the original markets in Russia are not standardized, and I hope it will improve after that." Zhou Xiaoping told reporters.

"Shoes and clothing, food and building materials, including Quanzhou, have opened up their own market in Russia." Chen Cangsong, Secretary General of Fujian chamber of Commerce for textile and garment export, told reporters that Russia's overall living standard is good and its consumption power is high. However, the overall market structure is not very match, and the demand for high-grade clothing is growing rapidly. But at present, entrepreneurs are more worried about whether the local government will fulfill WTO commitments to reform, especially in terms of trade rules and customs clearance efficiency. At present, Fujian Province Textile and clothing export The base chamber of commerce is also convening an enterprise to investigate in Russia. It is expected that there will be a number of ten Quanzhou enterprises participating, and Russia is expected to go to Russia in late November.

Exports to Russian textile and apparel are growing nearly double.

According to statistics, in September 1st of 21 months after ~10's accession to Russia in August 23rd, the Quanzhou inspection and Quarantine Bureau inspected and inspected and exported 192 batches of Russian textile and clothing, with a value of US $6 million 660 thousand and 100. In September and October, they increased by 97.94% and 87.11% respectively. In the previous 1~8 months, Quanzhou inspection and Quarantine Bureau inspected and exported to Russia. Textile and clothing products The 923 batch, valued at $37 million 825 thousand, showed a slight decrease in batch and value. Quanzhou inspection and Quarantine Bureau analysis said that this shows that Russia's accession to the WTO led to a substantial increase in Quanzhou's exports of Russian textile and apparel.

A famous global home Supplier of retailers In the past, the largest market in Huafeng was the United States and Europe. A small proportion of them exported to the Russian market with Swedish retailers. The main products were blankets. "The goods that used to go to Russia were only half a container a week, and now they need 1.5 containers a week." Zhou Xiaoping, general manager of Jinjiang Huafeng Textile printing and dyeing industry Co., Ltd., said that the total share of exports to Russia in the past was also hundreds of thousands of dollars, but in recent months, it has exported millions of dollars in goods, and the amount has been equivalent to that of the company exported to the United States.