The End Of The Trade War: The Number Of Merchants And The Export Volume Of The Canton Fair Are Double Down!!!

The 195454 buyers of the 125th Canton Fair overseas purchasers came from 213 countries and regions, down by 3.88% over the same period of the spring fair in 2018.

The total export turnover of the Canton Fair was 199 billion 524 million yuan (equivalent to 29 billion 730 million US dollars), down 1.1% compared with the Spring Fair of 2018.

This year's Spring Fair lasted for the 124 session. The buyers and export turnover declined slightly. Before the 119th session of the 119th session, the buyers and exports of the Canton Fair had experienced a double growth of 5 times.

Xu Bing, deputy director of the China Foreign Trade Center, has clearly pointed out that the domestic and foreign environment facing China's foreign trade development this year is still grim and complicated, with unstable and uncertain factors increasing, and exports facing greater downward pressure.

Another notable data is:

In the paction order, the proportion of short and medium bills keeps high, and the proportion of long bills is still low.

Short list accounted for 42.3% in 3 months, 33.4% in 3-6 months, and 24.3% in 6 months.

This also proves that the factors of "instability and uncertainty" make buyers choose not to make a long move.

In May 5th, Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce, also said that behind this is the overhang of global market demand, the Sino US trade friction and other multiple factors, which is inevitable.

For the government and enterprises, the most urgent task is to make further efforts in the new market and new products, create new space, reshape new advantages, and can not wait passively for some objective factors to improve.

The new changes in Sino US economic and trade negotiations have brushed the screen of foreign trade people in May 6th, and the exchange rate has also fluctuated sharply. There is no doubt that the overall situation of foreign trade this year is not optimistic.

Key data: along the way

The buyers and purchasers of the countries and regions along the "one belt and one road" came to 88009, accounting for 45.03%, up 0.5 percentage points over the same period.

The export of the 64 countries along the "one belt and one road" business was 10 billion 630 million US dollars, an increase of 9.9%, accounting for 35.8% of the total turnover.

Further, ASEAN buyers increased by 4.79% over the same period, including Thailand, Malaysia, Vietnam, Singapore and Kampuchea, with an increase of 10.75%, 9.08%, 23.71%, 4.4% and 8.83% respectively.

At the same time, we should also see that although the export to the "one belt and one way" area is growing rapidly, the base is still less than the traditional trade partners such as Europe and the United States.

According to the total data of foreign trade in 2018, China's exports to the United States account for the highest proportion of total exports, reaching 19.2%, up 8.6% from the same period last year.

Exports to the EU accounted for 16.4%, an increase of 7%;

The export increment to ASEAN is very beautiful, reaching 11.3%, accounting for 12.8%.

Other major trading partners are Hongkong, Japan, South Korea, India, China, Taiwan, Russia and Brazil.

Key data: buyer exchange pfusion

The total number of new purchasers was 82375, accounting for 42.15% of the total number, up 0.64 percentage points over the same period last year.

There were more than 10 buyers and 47588 buyers.

Many old friends have the impression that the Canton Fair is basically old faces, and it is difficult to develop new buyers.

The above official data also show that the exchange rate of buyers is 42%.

Another noteworthy point is that the total number of new buyers of Shang Zhanxin buyers from countries and regions along the belt and road is 52.68%, up nearly 1 percentage points from the same period last year.

This means that more than 5 of the 4 of the new buyers come from "one belt and one road".

The number of purchasers from various continents is:

110172 in Asia, accounting for 56.37%;

33075 in Europe, accounting for 16.92%;

31143 people in the Americas account for 15.93%;

14492 in Africa, accounting for 7.67%;

Oceania has 6072 people, accounting for 3.11%.

The top 10 countries and regions are China, Hongkong, India, the United States, South Korea, Thailand, Russia, Malaysia, China, Taiwan, Japan and Australia.

Buyers from South Korea, Thailand, Russia, Malaysia, Japan, Vietnam, Brazil, Bangladesh and other countries increased significantly.

Is there any market that you are developing vigorously?

Key data: superior products

Among the purchasers, 40.14% were electronics and household appliances, 32.63% for daily consumption, 28.7% for household decoration, 28.18% for gifts, 26.35% for textiles and garments.

Electromechanical products still rank first in export pactions.

Electromechanical products traded 16 billion 30 million dollars, accounting for 53.9% of the total turnover; light industrial products clinch a deal of 7 billion 610 million dollars, accounting for 25.6% of the total turnover; textile and garment clinch a deal of 1 billion 620 million US dollars, accounting for 5.4% of the total turnover.

In addition, the product renewal rate of this Canton Fair is over 30%. Exhibitors with independent intellectual property rights, independent brands and independent marketing networks have significantly increased the number of exhibitors with high technology content, high added value and green and low carbon.

20% the volume of the brand exhibition area of the booth reaches 28.8% of the total turnover.

As Xu Bingbiao, spokesman for the Canton Fair, said, under the environment of more complex and severe foreign trade environment, the participating enterprises have made positive progress in the development of high quality, and the new advantages of international competition are accelerating.

Then, as a barometer and weathervane of China's foreign trade, what does the decline of the Canton Fair's trading volume mean to China?

To this end, at the closing of the 5 Canton Fair, Xu Bing, deputy director of China's foreign trade center, told reporters at the press conference that this year's domestic and foreign environment facing China's foreign trade development is still grim and complicated, with instability and uncertainties increasing, and exports facing greater downward pressure.

However, Xu Bing did not explain the specific reasons for the reduction in turnover.

In this regard, exhibitors said that the current economic and trade environment, especially the trade relationship between China and the United States, had an impact on the Canton Fair.

Even because of the escalation of economic and trade between China and the United States, some enterprises have even thought of moving out of China.

For example, there have been reports recently that 200 enterprises in the United States will consider moving the production line from China to India.

In addition, Vietnam, Kampuchea and other Southeast Asian countries have an unprecedented attraction for foreign-funded enterprises in China, especially in the current Sino US economic and trade consultations.

Insiders said that the tension between Sino US trade and economic relations has obviously produced two major results: first, tariff increases; and two, the decline in exchange rates.