Russia'S Imports Of Textiles And Footwear In 1-8 Months Are Affected

According to the information released by the General Administration of Customs of Russian Federation, Russia's imports from non Soviet countries in the 1-8 months of this year amounted to about US $103 billion 900 million, compared with the decrease of 170 billion 300 million US dollars in the same period (2014), which shows that the recession has seriously affected the purchasing power.

As for the export sector, the decline is slightly lower.

In the 1-7 month of this year, the export volume decreased by 30.6%, becoming $210 billion 500 million, and the trade surplus exceeded US $100 billion.

Although oil and natural gas exports increased by 6.1%, they were reduced by 36.6%, due to the sharp reduction in trading prices.

In addition, although the Russian government has accelerated the import substitution scheme in the past year, it has been partly driven by the high interest rate and shortage of funds and the lack of new equipment.

Among them, machinery and equipment, chemicals,

and

And the import amount of food decreased by 36.7%, 29.4%, 35.9% and 29.1% respectively.

Only a few products such as vegetable oil, tobacco and cotton have grown slightly.

Holland, Britain, France and other countries lost about 50% of their sales to Russia, 40% of Germany and Italy, and 57.1% of the former Soviet Union Estonia and 55.5% of Lithuania.

Imports from the US and Japan fell 40%, down 34.1% from China.

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According to the latest statistics, the total value of Jinhua's imports and exports in the 1~8 months of this year was 196 billion 170 million yuan, up 19.6% from the same period last year, higher than the average growth rate of 22.8 percentage points in the same period.

Among them, exports of 190 billion 300 million yuan, an increase of 21.4%, leading the province's average growth rate of 21 percentage points; imports of 5 billion 870 million yuan, down 19.1%, the performance is lower than the average level of the province's imports.

"Africa, the European Union, Latin America and the United States are the top 4 export markets."

Jinhua customs officials said that in the first 8 months of this year, Jinhua exported four yuan to 35 billion 120 million yuan, 28 billion 40 million yuan, 21 billion 750 million yuan and 18 billion 730 million yuan respectively, up 33.9%, 3.5%, 33.5% and 22.3% respectively compared with the same period last year.

In addition, Jinhua's export growth to the other countries along the way has increased by 91 billion 900 million yuan, an increase of 24.5%.

At the same time, mechanical and electrical products, clothing, plastic products and textile products are the main export commodities.

In the first 8 months, exports were 72 billion 760 million yuan, 24 billion 480 million yuan, 15 billion 290 million yuan and 12 billion 90 million yuan, respectively. Clothing and textile products increased by 13.4% and 15.1% respectively, and four accounted for 65.5% of the total export value of the city in the same period.

In addition, scrap metal, copper, textile products and plastic raw materials are the main import commodities.

In the first 8 months, they imported 1 billion 90 million yuan, 1 billion 80 million yuan, 980 million yuan and 670 million yuan respectively, representing a 13.2% increase, a decrease of 11.9%, a decrease of 26.4% and 43.9% respectively.

According to the analysis, due to the high cost of labor and financing, the traditional competitiveness of Jinhua's traditional labour industry, especially the textile and garment industry, has weakened and has shifted to Southeast Asian countries.

In the first 8 months, clothing exports in Jinhua increased by 13.4%, exports of textile products increased by 15.1%, luggage exports increased by 14.2%, footwear exports increased by 15.3%, and furniture exports increased by 4.7%, all lower than the average export growth of the same period.

At the same time, small and micro enterprises in Jinhua have insufficient brand self creation capability, and scaled enterprises lack fine innovation attitude and brand value preservation experience.

Due to tightened lending in recent years, the credit growth momentum is insufficient, the risk of mutual insurance between private enterprises is still grim, and the problem of guarantee and mutual guarantee chain continues to ferment.