Zhejiang: Exports Of Textiles, Clothing And Footwear Decreased Significantly

according to

Customs statistics showed that the main export commodities of Zhejiang, mainly textiles, clothing and footwear, fell by 11.5%, 11.3% and 12.9% respectively in May. The export value of traditional labor-intensive products in Zhejiang decreased by 9.8% in May, respectively. The export volume of the three main export commodities in China decreased by 9.8%.

High tech products still remain bright in the export pattern, and export value has increased by 2.3%.

The export of the countries along the "one belt and one road" also showed a marked decline. The export value increased by only 1.7%, ranking the second in the country after Guangdong.

In May, Zhejiang's exports to the United States, India and Mexico increased year by year, and the other major export markets declined to varying degrees.

Exports have become the highlight of Zhejiang's foreign trade, and there has been a sharp rise in the counter trend.

According to Hangzhou customs statistics, in April, cross-border e-commerce in Hangzhou exported 150 million yuan, a 757 fold increase in the counter trend, and a 1 fold increase in the ring.

Driven by this, the export value of cross-border e-commerce in the province increased by 317.1 times in 1-5 months.

Hangzhou, Jinhua and Yiwu have gradually become the preemptive advantages of cross-border electricity export in the province. Cross-border e-commerce exports are expected to become the new growth point of foreign trade export in Zhejiang.

In the first 5 months of this year,

The total value of imports and exports reached 821 billion 620 million yuan, down 3.1% compared with the same period last year, of which 645 billion 540 million yuan was exported, an increase of 2.7%, and imports of 176 billion 80 million yuan decreased by 19.8%.

Zhang Handong, President of Zhejiang Business Research Institute, believes that Zhejiang is facing a larger export predicament, which is mainly concentrated on traditional labor-intensive industries.

In the past, Zhejiang's manufacturing was mainly based on the expansion of the number of low-priced products. The products and markets were located in the middle and low end, and the sensitivity to the cost was very high. Under the background of excess capacity and relatively weak external demand market, the bargaining power was not strong enough.

Due to the serious impact of the gradual escalation of human costs and the devaluation of the main external market currencies, such advantages are constantly being eroded, leading to the fact that many foreign trade enterprises voluntarily abandon their orders because of no profit, which is actually a manifestation of the further weakening of the international competitiveness of export commodities.

Hangzhou customs data also confirmed this statement: in the first 5 months, textile and garment exports decreased by 3.1%, and the export growth of our province was reduced by 0.8 percentage points.

On the contrary, the export value of high-tech products increased by 5.2%, which is 2.5 percentage points higher than that of the same period.

Judging from China's foreign trade export index, May was 35, down 0.9 from April, declining for 3 consecutive months, indicating that China's export pressure is still high in the middle of this year.

However, according to the data from the questionnaire survey in Hangzhou customs area, the export manager index of our province (except Ningbo) rose by 2.37 in the same month, and the new export orders index and export manager confidence index rose by 3.61, 2.76 to 38.01 and 48.47, respectively, 38.97.

It shows that the export of our province is very likely to take the lead in the backlash of the whole country, and the trend is expected to be stable.