Zhejiang's Export Growth Slowed Sharply In January.

Many factors such as weak international market demand, declining traditional competitiveness, etc.

The export of foreign trade has brought a certain impact.

Hangzhou's customs import and export data released in January 2015 showed that Zhejiang's overall import and export data were as follows:

The situation is better than the whole country, but compared with the growth rate of 12.2% in the same period last year, the decline is obvious.

In January 2015, the total import and export value of Zhejiang was 192 billion 140 million yuan, down 5.4% compared to the same period last year, of which, exports were 154 billion 710 million yuan, an increase of 3.3%, and imports of 37 billion 430 million yuan, down 29.9%.

Hangzhou customs officials said that following the 11 and December 2014, when the growth rate of imports and exports in Zhejiang dropped to zero, in January this year, the growth rate of import and export in the whole province once again showed negative growth, and the biggest decline since March 2014. Considering that February is affected by factors such as the lunar new year, it is expected that there will be a big rebound in the short run, and low speed growth will continue.

Besides,

The leading index of China's foreign trade exports in January was 38.6, a decline of 1.5 in the annulus and a decline in fourth consecutive months, indicating that China's exports still face downward pressure in the first quarter of this year and the beginning of the two quarter.

From the Hangzhou customs export guide index, last December and January this year, two consecutive months to maintain a low level of operation, of which export confidence index continued to decline for three months, Zhejiang's foreign trade exports are also faced with no small downward pressure.

In February 12th, the Baltic comprehensive freight index (hereinafter referred to as the "BDI index"), which is known as the macroeconomic weathervane, broke through the new low of the index in the past 30 years, closing at 553 points.

The plunge has lasted for two months.

The analysis suggests that the dry bulk shipping market is expected to remain depressed due to sluggish demand for commodities, especially from China.

For shipping companies with dry bulk business, the collapse of the BDI index means a sharp decline in the price level.

However, the low price of international crude oil prices has reduced the operating costs of shipping companies.

The BDI index has dropped sharply. Besides the decrease in domestic demand and the drop in crude oil prices, it also has a serious surplus with the international shipping capacity.

This is not good news for Zhejiang's shipbuilding industry whose export dependence is over 80%.

According to Hangzhou customs statistics, in January this year, the export of ships in Zhejiang dropped sharply, and the total export ship was 1 billion 740 million yuan, down 34.3% compared to the same period last year.

In fact, Zhejiang's shipbuilding industry has just passed the most difficult year.

Especially in December, exports in the single month amounted to US $690 million, an increase of 231%.

Yu Dongming, director of the foreign trade division of Zhoushan Commerce Bureau, said that shipbuilding costs increased year by year, but it was difficult to raise the price of shipping because of the continuing downturn in the global shipping market and fierce competition.

From the perspective of shipping export enterprises in Zhoushan, the current bulk carrier ship price has dropped by nearly 50% compared with the highest historical period, and other containers have dropped by about 30%.

The responsible person of the Zhejiang Provincial Department of Commerce said that although the new export orders and the holding orders of the main export enterprises increased, but the impact of international oil prices, dry bulk freight rates, ship prices and financing difficulties is not expected to increase significantly this year, but it will be slightly better than in 2014.