Footwear Exports In Dongguan Remain Strong

Yesterday, the reporter learned from the Whampoa customs that in the 1-7 month of this year, the total export volume of Dongguan's traditional commodities totaled 7 billion 450 million US dollars, an increase of 4.7% compared with the same period last year, and the increase was 16.3 percentage points lower.

Among them, textile yarns, toys and plastic products showed negative growth.

However, emerging electromechanical products have become the main export force.

Footwear export growth remained strong, according to the latest data released by the Whampoa customs office in Changan. In the 1-7 month of this year, the total export volume of traditional commodities in Dongguan totaled 7 billion 450 million US dollars, up only 4.7%. from the same period last year, compared with the increase of 21% last year.

Textile yarn, toys and plastic products showed negative growth.

The export of textile yarn decreased by 6.3%, toys decreased by 2.7%, and plastic products decreased by 7.9%.. In the same period last year, the growth rate of toys and plastic products increased to 29.5% and 22.3%. respectively. In addition, traditional bulk export commodities such as clothing, furniture, bags and so on continued to grow, but the growth rate dropped significantly.

The footwear industry with the lowest growth rate dropped to 19.1% this year from the same period last year, and the emerging 17.6%. has become the main force of Dongguan's exports.

In 1-7 months, the import and export of mechanical and electrical products in Dongguan increased by 45 billion 630 million US dollars, an increase of 26.1%. In the same period, the small and medium sized factories in Dongguan, which accounted for the total import and export value of the same period, faced the industry reshuffle. According to Whampoa customs statistics, this year, the subprime mortgage crisis in the United States has spread all over the world, and the consumption demand of overseas residents is weak, resulting in a sharp decline in orders for Dongguan. 68.7%.

"We do not think the situation is very bad now."

The company, a large toy company in Zhangmutou town, said that orders had not been reduced this year.

But small and medium-sized toy factories have reduced orders, or even failed to take orders.

He thinks this is a process of industry shuffling.

This statement has also been recognized by the Whampoa Customs Statistics Department.

It is reported that in July, the value of imports and exports in January was 10 billion 720 million US dollars, and the growth of 18%. exceeded US $10 billion in one month, the first time this year.