This year, the U.S. subprime mortgage crisis caused a significant effect on China's exports, but the Dongguan Customs data provided by the city's Christmas products export but "thriving" --- presented to buck the trend on the momentum.
Private performance of gratifying
Yesterday, Dongguan Customs announced the first three quarters of Christmas products export data: total exports of $ 130,000,000, compared with same period last year (below) increased 37.2%, an increase of 6.4 percentage points. City Hardware Factory is a plastic Christmas ornaments franchise suppliers, some of the products exported overseas; the majority of orders to customers in North America, construction of nearly 20 years, has a relatively stable source. "Order is not reduced, but profit margins are compressed a lot." Factory head told reporters that the current economic situation from the point of view, the customer is certainly not accept the factory price increase, if any changes compared to last year , that is more focused before Christmas ordering of half a month earlier.
Customs data showed exports of 34.123 million yuan private sector, an increase of 67.5%; state-owned enterprises exported 26.635 million yuan, an increase of 32%. "Enterprises with foreign investment slowdown in exports, private and state-owned enterprises were transferred down the rise." Customs and Excise said: "The rise of private and state-owned enterprises to become export products to support the new power of Christmas."
"In the first three quarters of thousands of containers of Christmas lighting products to the overseas orders for the United States continues unabated." Kingsun International Business Department of stakeholders said.
Analysts pointed out that, due to the important Christmas holiday in Western countries, even if affected by the financial crisis, Europe and other major markets remained strong Christmas demand for goods, while the processing trade in Dongguan, two out of the export model, so that export enterprises to avoid the adverse impact of RMB appreciation.
Several happy some worry
But not all companies are as optimistic about as the customs data, in particular of SMEs are still felt a bit cold.
Dongguan Zhenbang craft products factory is specialized enterprise producing all kinds of jewelry, but because he did not export right, put the relevant business outsourced to a foreign company to do it. "This year's situation is not very good, significantly reduced the volume of business." Mr. Yue said the company's head of foreign trade exports continued to slump, the company has operations all share very little, "hoping to expand domestic demand in the near future, but currently the idea. "
Reporters from a number of import and export rights, and in doing foreign trade companies have found that the Christmas supplies roughly the same, do not reflect the characteristics of its own brand of small enterprises, is still difficult. "The most direct expression of that, the industry category for Christmas supplies a lot less commission salesman, all scream for no food." Said a foreign manager.
Customs officers have pointed out that international crude oil prices since July this year reached 147 U.S. dollars / barrel decline gradually after the peak, plastics and other downstream industries driving down prices of raw materials, to a certain extent, reduce the cost of Christmas supplies pressure to export enterprises. "But one benefit of SMEs in this small, the external economic environment, they can not decide to adjust the supply as the price of crude oil prices, only the 'patient', to spend the winter." Admitted the industry.
Cautiously optimistic
Customs data show that the main export markets are Europe and the first three quarters to keep the growth in Canada is in Dongguan Christmas became the third largest export products, export of $ 9,104,000, an increase of 1.8 times. There are two months away from Christmas, not the final sprint before the arrival of such a record can be gratifying.
However, Customs also noted that, in view of the U.S. subprime mortgage crisis triggered by the global financial crisis will soon calm down, the Christmas production of seasonal goods industry is not strong because the data being complacent optimism.
Customs said that as the delay in settlement of loans clearing the way commonly used export companies to undertake foreign orders must be strictly risk-averse. "Strengthening our own design capability, improve value-added products, and worked hard 'internal strength', is the company to weather the financial tsunami fundamental way."
■ Related reports
First three quarters of Dongguan toy exports to the U.S. fell 14.9%
(Reporter / Peng Ziying correspondent / Wu Ying Wu Fu Zhen) Smart Union closed down the industry outcry. According to latest customs data show that the first three quarters this year, exports of Dongguan toy 1.09 billion, down 2% year on year, of which exports to the U.S. market fell 14.9%, dragging down the most obvious.
According to the Huangpu Customs statistics, processing trade remained the main exports of Dongguan toy trade, the first three quarters, the processing trade exports 1.07 billion, down 2.4%, accounting for the same period toys Dongguan City, 98.6% of total export value. At the same time, exports of general trade exports to $ 14,670,000 manner, an increase of 29.2%. Which accounted for half of foreign-invested enterprises.
Toys Dongguan United States is still the main export market, exports of 420 million U.S. dollars the first three quarters, down 14.9%, 38.5% of total exports. This was followed by the European Union and Hong Kong, exports have different levels of growth. The three regions toys exported 840 million U.S. dollars, accounting for the same period 77.7% of total toy exports.
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