Zhejiang vigorously explores the foreign trade market for shoes and apparel

Zhejiang vigorously explores the foreign trade market for shoes and apparel According to statistics from Hangzhou Customs, in the first half of the year, Zhejiang Province achieved a total value of 998.1 billion yuan in imports and exports (equivalent to 159.39 billion US dollars), deducting exchange rate factors (the same below) increased by 6.5% year on year, higher than the growth rate of imports and exports in the same period last year 3 percentage point. Of which exports 733.31 billion yuan *** (equivalent to 117.11 billion US dollars), an increase of 11%; imports 264.79 billion yuan *** (equivalent to 42.28 billion US dollars), a decrease of 4.2%.

In June, the total value of imports and exports in Zhejiang was 178.98 billion yuan (equivalent to 28.8 billion U.S. dollars), an increase of 8.7% year-on-year. Of which exports 137.84 billion yuan*** (equivalent to 22.17 billion US dollars), an increase of 12.4%, a record high.

According to expert analysis, the growth momentum indicates that the international trade environment has shown signs of recovery.

The warmer export of labor-intensive products is worth noting that exports of labor-intensive products grew rapidly in the first half of the year. Among them, Zhejiang Province exported US$48.27 billion in mechanical and electrical products, an increase of 5%, accounting for 41.2% of the province's total exports over the same period; exports of traditional labor-intensive products (including footwear, textiles, plastic products, clothing, furniture, bags, toys 7 The major category was US$44.43 billion, an increase of 13.8%, accounting for 37.9%.

"Labor-intensive products have seen rapid growth and the growth rate is higher than average, indicating that the foreign trade market has signs of recovery." Hangzhou Customs related experts analyzed.

However, it is worrying that due to the influence of the international environment of the industry, the export of high-tech products, ships and solar cells dropped by 8.3%, 30.4% and 45%, respectively.

In the first half of the year, Zhejiang's exports to the European Union and the United States increased by 1.9% and 4.2%, respectively, which together accounted for 37.9% of the province’s total value of exports during the same period. During the same period, exports to the Middle East (17 countries), BRICS and ASEAN increased by 33%, 17.3% and 22.1%.

"In terms of data, the US market is recovering, indicating that its domestic economy has improved, and its export growth rate has remained relatively stable. It has been maintained at about 5%, and exports to the EU have also increased slightly. As the two major export markets in Zhejiang, The performance in the first half of the year has grown steadily, but their share is shrinking, which shows that we have achieved strong development in the emerging markets.” Analyze relevant experts from Hangzhou Customs.

The value of Zhoushan's exports has fallen by a large margin. In this foreign trade report card, the most eye-catching is Jinhua.

In the first half of the year, Jinhua’s import and export continued to grow at a double speed. Jinhua’s import and export volume was US$17.09 billion, an increase of 1.1 times, and exports were US$16.34 billion, an increase of 1.2 times, and imports were US$750 million, an increase of 12.7%; “Jinhua’s foreign trade market is mainly represented by Yiwu, indicating that The various pilot reforms in Yiwu are playing an active role," experts said.

Larger than usual, Zhoushan’s import and export decline was relatively large. Zhoushan imported and exported 6.59 billion US dollars, down 12.7%, exports 3.45 billion US dollars, down 20.5%, imports 3.14 billion US dollars, down 2.2%.

According to relevant experts from Hangzhou Customs, “This is mainly influenced by the sluggishness of the shipping industry. Zhoushan’s exports are mainly ships. The plight of the shipping industry since last year has been shown to have developed during the first half of this year.”

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