wholesale bags
wholesale bags
According to customs statistics, one quarter of this year, exported 2.63 billion U.S. dollars accumulated bags over last year (the same) down 1%. One month in March Bag 980 million U.S. dollars exports, up 11.7%, growth of 1 times (below).
1, this year a quarter of the main features of wholesale leather bags (A) the general trade export-oriented processing trade exports decreased. 1 quarter of this year, general trade exports to 1.74 billion bags, up 3.3%, accounting for the same period the total value of exports of 66.2% bags; the same period, processing trade exports 660 million U.S. dollars, down 12.9%.
(B) the steady growth of private sector exports, exports of foreign-invested enterprises dropped significantly. 1 quarter of this year, private enterprises export ladies handbags 1.26 billion, an increase of 9.4%, accounting for the same period the total value of exports of 47.9% bags. In addition, foreign-invested enterprises export 930 million U.S. dollars, down 8.2%, 35.4%. State-owned enterprises exported 440 million U.S. dollars, down 10.4%, 16.7%.
(C) are mainly exported to Europe and the United States and Japanese markets, exports to ASEAN increased significantly. 1 quarter of this year, exports to the EU evening handbags 770 million U.S. dollars, up 1.2%; for U.S. exports 580 million U.S. dollars, down 7.8%; on Japanese exports 310 million U.S. dollars, an increase of 8.4%, export value of these three markets together accounting for our 63.2% of total export value bags. Over the same period, exports of 120 million U.S. dollars to the Association of Southeast Asian Nations, a substantial increase of 74.3%.
(D) of Guangdong, Zhejiang and Fujian provinces as the main exports, which exports a substantial decline in Zhejiang. 1 quarter of this year, Guangdong and Fujian Enterprises 1.1 billion bags were exported and 2.5 billion U.S. dollars, an increase of 9.9% and 3.6%, while exports of Zhejiang enterprises bag 360 million U.S. dollars, down 13.3%, the three together accounted for the same period in our luggage 65.4% of total exports.
Second, this year, a quarter of exports of the main reason bags
(A) the financial crisis has led to insufficient external demand. America, Europe and other developed countries, as major export markets luggage, their spending power is shrinking, directly affect the export of our discount handbags. The end of the fair from the recent situation, to be reduced substantially the number of foreign investors. It is understood that a quarter of this year, luggage, Zhejiang Province, most of the export orders last year, while new orders decreased and export power is obviously insufficient, also contributed to the overall decline in export bags.
(B) the exchange rate price-competitive factors less luggage. Since the second half of 2008, the RMB against the U.S. dollar exchange rates for basic hovering at 6.80-6.90 over the same period the euro, British pound, Australian dollar and India, Southeast Asia, Latin America and Eastern Europe and other countries have depreciated against the U.S. currency, making the real effective exchange rate of RMB significant increase in use of the exchange rate advantage in competition for the new price advantage, while the price competitiveness of our luggage is clearly down.
Third, the current major issues of concern and the relevant recommendations
(A) trade protectionism. As exports of luggage missing design innovation and independent brands, low prices, easy to trigger anti-dumping investigations abroad. (B) increase the interest of the export tax rebate sidelined. In order to improve labor-intensive products such as purses and handbags under the financial crisis, the market competitiveness of the country since December 1, 2008 from the luggage of the export tax rebate from 11% to 13%, while liberalization of trade restrictions of raw hide of work policy. However, as a buyer’s market, the export tax rebate rate of some easily take the form of foreign importers through lower prices.
(C) exchange earnings increased risk of amplification. Financial crisis led to deterioration of operating conditions of foreign importers and foreign importers to delay the delivery orders, moving the price reduction, do everything possible to return the situation demands more and more, even the phenomenon of Repudiation protest
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