Foreign Trade Enterprises Losing Their Labor Cost Advantages Are Still Struggling.

"Last month, we could pick up the list. Not only did we have an order this month, but there was a customer return form, too."

Huang, a Shanghai trading company engaged in exporting commodities to Russia, told the International Financial Daily that they usually settled in dollars or Renminbi, but now they can not sell because the rubles in Russian customers are not worth the money.

In fact, since August and September, with the obvious decline of the ruble, Huang boss has been trembling with fear.

"We have been running at a loss.

Because of the lags of repayment and the fall of rouble, we are losing money now.

Nowadays, employees who have no business to do business have only small talk every day.

And Huang boss is thinking about the most important thing is how to pform, to become a commodity export trade outside Russia.

Wenzhou shoes factories are also suffering.

Wenzhou shoes have long been a brilliant "business card" for Zhejiang's trade with Russia.

Statistics show that Russia is the third largest traditional export market after Wenzhou's footwear industry is second only to the European Union and the United States.

However, the ruble's "Lu" has been severely tested by the trade relationship between the two sides.

It is reported that a number of Wenzhou shoe enterprises are constrained by the adverse effects of the ruble depreciation, and take the reduction of export volume to "protect themselves".

"Judging from the recent export of shoes, the amount of orders in the Russian market is about 30%-40% lower than before," he said.

The head of a shoe export company in Wenzhou said in an interview with reporters that the depreciation of the rouble caused the company's trade with Russia to be affected, and the decline in orders was inevitable.

At present, the marketing department of the company is also constantly adjusting the layout of the export market, making every effort to reduce the risks and uncertainties in the market.

But when the reporter mentioned that the decline of the rouble caused the volume of export orders to drop, he said it was not convenient to disclose specific figures.

Quanzhou shoes, which also used Russia as an important export market, were also affected by the "cold wind" in the ruble crisis.

According to media reports, the 6 vice presidents of the Quanzhou chamber of Commerce in Fujian Province are no longer operating in the Russian market because of the deterioration of the market.

In fact, since 2013,

Exports to the Russian market have been shrinking.

According to Quanzhou customs statistics, in November 2014, the output value of Quanzhou's exports to Russia was 121 million yuan, down 24.9% from the same period last year, and the ratio fell by 3.97%.

Even so, Russia is also.

The export of a traditional large market, from the 90s of last century, Sichuan shoes began to sell to Russia.

Data show that every 3 pairs of shoes exported to Sichuan, 1 pairs are sold to Russia.

A dealer in shoes exporting trade in Chengdu told reporters that because of the ruble's depreciation, Chengdu has made a single export to Russia.

Entered the "cold winter" period.

"The Russian market has always been an important target for our export business, and 80% of the shoes produced by the company are exported to Russia. This is affected by the depreciation of rouble, and our sales have dropped by nearly 50% compared with the previous years."

In an interview with the media, Mr. Hong, head of the Sichuan irprand Footwear Company, said that since the middle of December 2014, the company had no longer accepted the new orders from Russia.

China Women's Shoes City Factory Alliance ordering center responsible person also pointed out that this year by the ruble depreciation of heavy losses, all single export Russian shoes enterprises in Chengdu are facing pformation.

The Russian market is hard to do, and every export of a pair of shoes to Russia will lose 40% according to the exchange rate.

However, in Sun Lijian's view, from the specific economic impact, the proportion of international trade between China and Russia accounts for a small proportion of China's total international trade. The total import and export volume of China's exports to Russia, from Russia and between China and Russia account for only 20% of China's total exports, total imports and imports and exports. Therefore, overall, the fluctuation of ruble's exchange rate will not have a great impact on China's trade.