Shenzhen Port'S Year-On-Year Growth In Clothing Exports To EU

Shenzhen customs revealed yesterday that in the first half of the year, the import and export of the European Union through the Shenzhen port reached 22 billion 300 million US dollars, an increase of 34.9% over the same period last year, accounting for 11.2% of the total value of imports and exports of the Shenzhen port. Among them, the export volume was 18 billion 220 million US dollars, an increase of 37.6%, accounting for 15.6% of the total export value of the port of Shenzhen. Customs experts also reminded us that we should guard against the trade risks caused by the depreciation of the euro.

Economic recovery makes the EU market demand strong, Shenzhen enterprises will not miss the opportunity to intensify the EU market expansion.

In the first half of this year, the export of mechanical and electrical products to the European Union at Shenzhen port increased by 11 billion 480 million US dollars, an increase of 32.8%, accounting for 63% of the total export value of ports to the European Union in the same period.

Over the same period, the traditional products of clothing and accessories, furniture and parts, bags, footwear, lamps, lighting fixtures produced by Shenzhen enterprises exported to the European Union.

Customs experts said that the recent European debt crisis intensified and weakened the momentum of economic recovery, resulting in the accelerated pace of devaluation of the euro currency.

In the second half of this year, domestic imports and exports to the European Union will be impacted. The traditional labor-intensive products will face the risk of gradually losing the EU's market share.

Enterprises should pay close attention to EU's anti-dumping measures and technical barriers to China's products, improve the quality and technical content of export products, and improve the export commodity structure to the EU.