On This Canton Fair, The Turnover Of Hunan'S Exports Is Slightly Lower Than The Previous One.

The 112nd Canton Fair ended in November 4th. In November 12th, the data released by the Foreign Trade Development Department of the Provincial Department of Commerce showed that the export trade of the 112nd Canton Fair was 827 million US dollars, down 0.6% from the 111st session, of which the top three of export turnover was Hunan daily ceramics.

The turnover of machinery and equipment is 172 million 460 thousand US dollars, 92 million 760 thousand US dollars and 76 million 20 thousand US dollars respectively.

According to the General Assembly statistics, as of November 3rd, the number of participants in the 112nd Canton Fair was 10.26% lower than that in the 111st period.

The total export volume of the general assembly was $32 billion 680 million, down 9.3% from the 111st period.

It is noteworthy that, affected by the European debt crisis and the weak economic recovery in the United States, Hunan's turnover to the European Union, the United States and Japan fell by 3.7%, 1.5% and 6.3% respectively over the previous session.

Another obvious change is that customers' purchasing desire is not strong, and orders are cautious.

According to statistics, our province enterprises signed 3933 orders this year, of which less than 3 months accounted for 68%, 3-6 months accounted for 19%, more than 6 months accounted for 13%.

The Canton Fair has always been a barometer of China's foreign trade.

The responsible person of the Department of foreign trade development of the Provincial Department of Commerce said that about 2/3 of the enterprises surveyed by the Guangzhou Trade Fair was expected to decline this year than that of last year. About 3/4 of the enterprises believe that the foreign trade situation will be more difficult next year, "which reflects to a certain extent that the current and next year's foreign trade situation is very grim."

Another worry for foreign trade enterprises is the gradual pfer of orders.

It is reported that many exhibitors of Hunan enterprises reflect that along with the gradual improvement of industrial supporting capability and the continuous improvement of industrial chain, clothing in Southeast Asia,

Manufacturers, such as bags and so on, are Robbing Chinese manufacturers of their "rice bowls" with their low labor costs.

It is understood that the average monthly wage of the workers in the garment factories in the Yangtze River Delta area is US $500, while the average monthly wages of the workers in Kampuchea, Bangladesh and Vietnam are US $50-80.

Now, ZARA, H M, GAP and other international garment enterprises have low technology and low price.

Take Southeast Asia to do the small batch and complex order that they can't do in China.

The industry expects that this situation will not be too long.

With the development of industries in Southeast Asian countries, 3-5 years later, they will be able to make some complex styles of clothes.