Rapid Growth In Imports Of Wenzhou'S Export Equipment

Wenzhou customs yesterday announced the export situation of the city in the first three quarters of this year.

From 1 to September, the total import and export value of the city was 87 billion 480 million yuan, down 3.79% from the same period last year.

The impact of exchange rate fluctuations and Hanjin Shipping bankruptcy has been 6 months of year-on-year growth since March, and exports dropped by 10.34% in September, resulting in a 1.35% decline in the first three quarters of the total, reaching 78 billion 164 million yuan.

From 1 to September, among the top ten export commodities,

The export value of the other commodities (Electromechanical, electronic and electronic products, mechanical equipment, clothing, glasses, etc.) increased slightly compared with the three decline of textile yarns, fabrics and products.

In September, in the top 30 export commodities, except for medical devices and equipment, wires, cables and toys, the remaining 27 commodities declined year-on-year, with nearly half of them showing a two digit decline.

Wenzhou customs related analysts, in addition to the impact of the last round of exchange rate fluctuations, but also with Hanjin Shipping bankruptcy is not related.

Since Hanjiang shipping announced bankruptcy in August 31st, the spot market price of the main container shipping routes from Asia has increased by 42%, which has a great impact on the large number of port companies, shipping agents and import and export enterprises in China.

From 1 to September, the fluctuation of the main import commodities in the city appeared polarization.

Among the top ten imported commodities, ferroalloys, agricultural products, cattle and horses, leather and copper fell rapidly, log, machinery and equipment,

Imports of clothing accessories and other imports grew rapidly.

Imports of production equipment increased rapidly.

In the first three quarters, machinery and equipment (40.64%), textile machinery and parts (48.56%), metalworking machine tools (62.28%), rubber or plastics processing machinery and parts (447.1%), etc.

The rapid growth of imports shows that under the current general situation of foreign trade is not optimistic, enterprises in our city are speeding up their pformation and upgrading.

Coincides with the summer holidays and Mid Autumn Festival, national day and other major festivals, Wenzhou airport in the third quarter ushered in the peak of passenger entry and exit.

According to statistics, in the third quarter, Wenzhou airport entry and exit International Flights 1044 sorties, an increase of 35.58% over the same period; total inbound and outbound trips for the first time exceeded 130 thousand, a record high.

G20 Hangzhou summit brings new opportunities for development of our foreign trade enterprises.

According to statistics, the total import and export value of G20 to our country is 53 billion 26 million yuan, accounting for 60.6% of the total foreign trade import and export value of our city.

Wenzhou customs related personnel analysis, with the "trade facilitation agreement" coming into effect, will further release the capacity of Wenzhou enterprises, Wenzhou foreign trade enterprises to enjoy more development dividends.

Exports to the European Union amounted to 23 billion 878 million yuan, an increase of 5.61%, accounting for 30.55% of the total value of Wenzhou's exports in the same period. The EU has been further consolidated as the largest export market in our city.

Along the way, the countries along the way occupy an increasingly important position in our foreign trade.

In the first three quarters, our city exported 27 billion 133 million yuan to the countries along the route, accounting for 33.4% of the total value of foreign trade.