Foreign Trade Data Have Begun To Warm Up, But Companies Dare Not Take It Lightly.

The Ministry of Commerce issued the spring foreign trade report 2016.

The report said that according to the Ministry of Commerce's survey of key import and export enterprises, nearly 80% of enterprises reflected that the shortage of external demand is the biggest difficulty currently facing.

Foreign trade enterprises are greatly influenced by the external environment, so although the foreign trade data have begun to warm up, the enterprises dare not take it lightly. In their view, the situation of future customers' debts and the "unfinished" orders will also increase.

Lack of external demand makes enterprises unable to get enough orders to start up, and some enterprises that have already taken orders are surrounded by another kind of trouble.

Recently, a reporter interviewed a number of executives of foreign trade enterprises, and learned that many foreign trade enterprises had recently encountered the phenomenon of "foreign trade orders" caused by customers' debts or breach of contract before shipment.

"Last year's money, up to now, about 2000000 have not come back."

Liu Jian, the head of an export enterprise in Zhejiang, told reporters that most of the debt owed businesses were old customers in Russia, and one of them had been working with them. The amount of orders was 2 million yuan a month. "Nowadays, their economic pressure is very heavy and the payment is very difficult."

Since last year, China's foreign trade has entered a negative growth range. Although the foreign trade data have improved this year, the relevant departments have repeatedly stressed that this year's foreign trade situation is still grim and complicated.

Let Liu Jian "hurt" the most profound is Russian customers.

Reporters learned that Liu Jian repeatedly recovered money, only to recover a small part of the loan.

"Every time the customer apologizes to me on the phone, I feel embarrassed to pursue it too hard."

But after hanging up the phone, Liu Jian also had to deal with the rush from domestic suppliers.

In addition to the situation of customers' arrears, the probability of occurrence of another situation is also increasing.

Reporters learned that since last year, many foreign trade enterprises have encountered the situation of customers who have not yet delivered goods, and some customers prefer to abandon the deposit, but also cancel the order.

A friend of Liu Jian made furniture export business. After meeting a Russian client, he paid 30% of the deposit in advance and made a batch of furniture. But after he finished, he said he would rather give up the deposit and default. The reason was Russian rouble.

Too many, if shipped to Russia, the customer's loss will be more than 30% deposit.

The "unfinished" order is not new in the foreign trade enterprise. The same thing happened on many foreign trade enterprises, which caused customers to abandon the order, or there was no market or exchange rate factor. Some of them were also caused by political turmoil.

Some enterprises with relatively wide market prospects can also find buyers, but some customized products can only be "smashed into the hands".

"Businesses that do business with Brazil are warriors."

In May 10th, Zhao Yong, who was a foreign trade trader, was chatting with a group of colleagues. He said that he had received orders from Brazil for clothing export, totaling about 100 thousand, and the other party paid a deposit of 30 thousand yuan. The two sides agreed to pay all the money before delivery, but when the order was completed, Zhao Yong had no contact with the customer.

Zhao Yong's worries are growing, because Brazil's economy is in poor condition and the exchange rate is quite unstable. He feels that the client may have given up the order.

It is reported that the impeachment case of president of Brazil has been going on for several weeks.

Meanwhile, Brazil has lost more than 13% against the US dollar this year.

The reporter understands that in recent years, the world economic downturn is not only in volatile areas and some unstable exchange rates, but even in some developed economies, orders are "unfinished" or arrears.

"Now, we are very cautious about orders in wartime areas such as Africa and the Middle East. At the same time, orders from some Latin American countries are also far from being met, and their exchange rates are even worse than Russia's."

Liu Jian told reporters that because their products were priced in dollars, the stability of the other's currencies was the first factor to consider when they took orders. The most sensitive ones were Russia, Brazil and other countries, and the exchange rate varied greatly every day.

In his view, at present

The order is the most insurance.

Reporters understand that although this year's exchange rate fluctuations in Europe and some emerging markets are not as large as last year, foreign trade enterprises, after last year's "thrilling", are still cautious about orders for some countries and regions.

Last year, the value of Brazil's real exchange rate dropped to 36%. In addition, the currencies which were more devalued were Turkey lira, Argentina pesos, Mexico pesos and Russian roubles, and this year's exchange rate of these currencies is still not stable.

In addition to the previously mentioned Brazil Real's depreciation of more than 13% against the US dollar, the exchange rate of Turkey's lira against the US dollar is not large at the beginning of the year, but it has gone up and down like a roller coaster. It rose by 5.96% in May 11th alone, while in March 31st it dropped to 4.99%. While the Argentina Peso has appreciated 10% against the US dollar this year, the revaluation channel almost concentrates on March, and since the end of March, the currency has depreciated more than 3%.

"Now the international market is not good. Some Russian and Iran customers have worked with us for more than a decade or two. They are not giving money but really under great pressure."

Mr. Ho, head of a photovoltaic enterprise in Guangdong, told reporters that the customers' ability to pay in Yemen and Nigeria was relatively poor, especially in Yemen customers.

Mr. Ho said that the export situation of the company will not be good this year. It depends on several sensitive countries.

For example, their customers in the Middle East mainly concentrated in Turkey, Saudi Arabia and Iran, and before that they also included Syria, but now Syria's customers are not doing business.

Beijing, a building materials business person in charge told reporters, Africa

Let them worry, pay ability is a bit of a problem, so we can only increase the deposit ratio of African customers, and ask customers to pay after delivery.

According to the reporter's understanding, the difficulties encountered by foreign trade enterprises are not short-term and the difficulties of the world economy are not short-term.

In the latest world economic outlook report, the International Monetary Fund (IMF) once again lowered its global economic growth forecast for the next two years. It is estimated that the global economic growth this year will be only 3.2%, and next year it will increase slightly to 3.5%.