Wenzhou Footwear And Other Foreign Trade Exports Grew Steadily In The First Month

According to Wenzhou customs statistics, in January this year, the total volume of foreign trade and import and export of Wenzhou reached US $1 billion 189 million, and exports of its main commodity shoes, spectacles and garments remained stable.

Among them, shoes exported 319 million US dollars, an increase of 13.42% compared with the same period last year. The export of garments and accessories reached US $122 million, an increase of 12.98% compared to the same period last year. The export of glasses was US $77 million, an increase of 20.76% over the same period last year, and the export of lighters was 10 million US dollars, up 6.26% over the same period last year.

Statistics also showed that in January this year, Wenzhou's foreign trade and import and export declined year by year, of which foreign trade imports amounted to 114 million US dollars, a year-on-year decrease of 46%, and foreign trade exports of US $1 billion 75 million, a decrease of 1.42% over the same period last year.

In January, the total volume of foreign trade and import and export in Wenzhou ranked fifth in Zhejiang Province, after Ningbo, Hangzhou, Shaoxing and Jiaxing.

From the second half of 07 years, the rapid growth of Wenzhou's foreign trade has begun to slow down.

Among them, there are both the effects of national macroeconomic regulation and control policies and measures, as well as the impact of rising production costs and RMB appreciation.

Since the second half of last year, especially after the outbreak of the international financial crisis, with the major developed countries' economy falling into recession, external demand has decreased significantly, and the growth of foreign trade exports has dropped markedly.

Customs analysts said that with the further shrinking of international trade, the fierce competition in the international market will be intensified. Next year, the threat of trade protectionism will increase globally. The possibility of Wenzhou's export commodities encountering anti-dumping and other trade barriers will also increase.

At the same time, Wenzhou's import and export continued to remain in the doldrums due to the downturn in domestic demand. Negative growth occurred for four consecutive months, and export growth was lower than Zhejiang's average growth rate of nine point two percentage points.

Wang Xiaonan