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Imports Of Large Commodities And Export Trade Are Mixed.

2016/4/16 10:07:00 28

Bulk Commodities. Import And Export Markets

In the traditional export market of light industrial products, exports to the United States increased rapidly, the emerging markets showed differentiation, and the share of the export countries along the "one belt and one road" accounted for about 1/4.

Exports to the United States increased rapidly, with an export volume of US $153 billion 950 million, an increase of 11.8% over the previous year, much higher than that of other traditional markets. The export growth of the EU slowed down, with exports of US $115 billion 240 million, an increase of 0.6% over the same period last year. The growth rate of exports to emerging markets such as Latin America, ASEAN and Africa dropped significantly, up 4%, 1.8% and 4.2%, respectively. The exports to Brazil and South Africa decreased by 12.5% and 4.1% respectively.

Exports of Japanese and Russian exports fell by 6.9% and 40.2%, due to the sharp depreciation of the yen and rouble.

The total export volume of the countries along the belt and road is 161 billion 230 million US dollars, accounting for 25.5% of the total exports of light industrial products.

The share of general trade continued to increase, but the growth rate dropped, and the processing trade dropped sharply.

General trade exports of light industrial products accounted for 400 billion 230 million US dollars, accounting for 63.3% of total exports, representing an increase of 3.8 percentage points compared to 2014, a slight increase of 1.6% over the same period last year, down 4.4 percentage points compared with the same period in 2014. The export volume of processing trade was 154 billion 250 million US dollars, accounting for 24.4% of total exports, representing a decrease of 5.4 percentage points, a decrease of 21.9% over the same period last year, an increase of 29.1 percentage points over the same period in 2014.

The proportion of exports in the eastern region increased, and the export growth in the central and western regions decreased.

The eastern region accounted for 83.9% of the total exports of light industry, and the proportion of exports in Guangdong increased by 5.4%. The export volume in the central region dropped by 16.2% over the same period last year, accounting for 7.5% of total exports. In addition to the slight increase in Jiangxi and Anhui, other provinces declined to varying degrees. The western region's exports decreased by 22% over the same period last year, accounting for 8.6% of the total export volume, except for Guangxi and Qinghai.

In 2015, imports of light industrial products amounted to 138 billion 590 million US dollars, accounting for 8.2% of the total merchandise imports of the country, down 18.8% from the same period last year. The decline is 4.6 percentage points higher than the national merchandise export volume.

Imports of commodities have been reduced.

Among the commodities, only paper pulp, bags,

footwear

Taketo imports, toys and grass Willow imports were increased by $22 billion 86 million, $1 billion 763 million, $2 billion 749 million, $497 million and $47 million, respectively, with a year-on-year increase of 1.65%, 4.63%, 19.70%, 39.27% and 12.14%, respectively.

Domestic demand is insufficient and international imports are weak.

Imports from the European Union, US $24 billion 209 million, fell by 10.51% compared to the same period last year; imports from Japan, US $16 billion 833 million, fell by 8% compared with the same period last year; China's re exports of US $14 billion 560 million, down 10.09% compared to the same period last year; the US imports of US $13 billion 606 million, down by 1.52% compared with the same period last year, and the import of 11 billion 439 million dollars from South Korea decreased by 46.96% over the same period last year.

The export of private enterprises is better than that of state owned enterprises and foreign-funded enterprises.

Light industrial products

There were 19.6 export enterprises, an increase of 3.9% over the same period last year.

Among them, the export volume of private enterprises was 386 billion 440 million US dollars, down 3% from the same period last year, accounting for 61.2% of total exports. The export volume of foreign-funded enterprises was 198 billion 760 million US dollars, down 6.9% from the same period last year, accounting for 31.5% of total exports. The export volume of state-owned enterprises was 45 billion 430 million US dollars, down 6.5% from the same period last year, accounting for 7.2% of total exports.

Commodity exports are mixed and mixed.

The export volume of ceramics and toys was 26 billion 10 million US dollars and 15 billion 660 million US dollars respectively, the export grew faster, increased by 17.8% and 10.8% respectively, and the watches and clocks and their accessories increased by 8.3%.

Furniture exports amounted to US $53 billion 530 million, an increase of 1.6% over the same period last year, and exports of luggage and bags increased by US $28 billion 170 million, up 3.9% over the same period last year.

The decline of jewelry was most obvious, the decline was as high as 55.3%; drawnwork decreased by 25.8% compared with that of the previous year, and the export volume of footwear products was 53 billion 530 million US dollars, down 4.8% from the same period last year.

  

Imported

The effect of tax reduction is remarkable.

Since June 1, 2015, China's provisional tariff rate has reduced the import tariff rate of daily consumer goods such as skin care products, diapers, shoes, etc., with an average decline of over 50%, and imports of related products increased significantly.

Skin care products imported from Korea and Japan have increased rapidly.

In 2015 6~12, the tariff reduction of skin care products imports was 1 billion 672 million US dollars, up 45.52% over the same period last year.

From the point of view of import sources, France, Korea, the United States, Belgium and Australia account for a relatively large proportion and maintain rapid growth.

In recent years, Korean and Japanese cosmetics and skincare products have made remarkable effects in cultivating the Chinese consumer market. Since the tax reduction, the number and price of cosmetics and skincare products exported to China and Korea have been markedly differentiated.

Paper diapers are subject to lower taxes and lower domestic prices.

In 2015, the total imports of diapers for 6~12 months decreased by US $808 million, an increase of 67.32% over the same period last year, and import prices grew by 3.83% over the same period last year.

Foreign shoe companies responded quickly, boosting the rapid growth of footwear imports.

In 2015, 6~12 month tax reduction footwear imports amounted to US $69 million 825 thousand and 200, an increase of 94.95% over the same period last year.

Among them, imports from ASEAN countries accounted for 57 million 485 thousand and 600 US dollars, accounting for 82.33% of total imports, an increase of 173.02% over the same period last year, and foreign-funded enterprises imported 61 million 494 thousand and 400 US dollars, accounting for 88.07% of total imports, up 125.78% over the same period last year.

The substantial increase in footwear imports is mainly due to the pfer of some of its capacity from China to Southeast Asian countries, and the use of tax cuts to increase imports of footwear from its Southeast Asian factories.


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