Guangdong Shoes Enterprises Export Reduction Of 30%, Bypassing The US Economy Is The Key.

In the first two months of this year, the export volume of footwear products in Guangdong dropped by nearly 30%.

This shows that with the deterioration of the foreign trade environment, the export oriented Pearl River Delta footwear industry is facing unprecedented challenges.

Guangdong exported 490 million pairs of shoes in 1~2 this year, down 27.5% from the same period last year (the same below), worth 1 billion 590 million US dollars, down 0.6%.

Among them, 190 million pairs of shoes exported by private enterprises in Guangdong decreased by 41.1%, and 190 million pairs of shoes exported by foreign invested enterprises decreased by 8.9%.

The total exports of the two accounted for 77.6% of the total export volume of Guangdong's shoes in the same period.

The decline of Guangdong shoe exports in 1~2 months this year is mainly affected by five factors, such as the adjustment of export tax rebate rate, the sharp reduction of footwear export enterprises in the Pearl River Delta region, the appreciation of the renminbi, the subprime mortgage crisis in the United States, and the foreign trade barriers to anti-dumping.

Among them, the United States is the largest export market for shoes in Guangdong.

Since the outbreak of the subprime mortgage crisis in March last year, the US consumer index has slipped, and Guangdong shoe companies have suffered a corresponding slowdown in US exports.

In 2007, Guangdong exported 1 billion 80 million pairs of shoes to the United States, a slight decrease of 3.4%. In the 1~2 months of this year, Guangdong exported shoes to the United States and continued to decline, and exported 190 million pairs of shoes to the United States, 12%.

Therefore, how to avoid the impact of the US economic recession is a survival problem that foreign trade enterprises have to face.

In fact, pressure may also become a driving force. For larger export enterprises, the number of orders may not rise, and some SMEs will be eliminated in this round of crisis.

Foreign trade enterprises improve their gold content, enhance their competitiveness and increase their added value, which is the fundamental need for development.