The North American market: the United States, Canada
The North American market has been one of the main export region in Yiwu, especially the United States, almost every year the share of exports to occupy a large proportion. However, the decline in the purchasing power of the U.S. market, as well as exchange rate risk and trade barriers, potential problems that may hinder the development of foreign trade this year.
American involvement in the financial crisis and slow economic recovery, the increments of the local consumer market is not expanded significantly affect the confidence of many businesses trade. Feedback from Yiwu market dealers and enterprises, orders for U.S. merchants Forward microfinance, short-term development, the largest single decrease.
On the potential risks of the trade with the United States: the continued appreciation of the RMB against the U.S. dollar is expected to increase the risk of the profits of local suppliers; buyers due to the slowdown in the velocity of circulation of goods, is not enough time to pay unsold; better a small part of the original credit merchants , also appeared in a single regret; trade barriers to improve the supplier’s production costs and export costs …
Compared to the U.S., Canada’s exports are at greater risk. Chinese the ECIC data display, Zhejiang enterprises last year, Canada’s trade supplier the Handelsblatt loss cases amount increased by more than 200%, the trade risk is evident.
EU markets: Spain, Italy
Since last year, the About endless Spain “negative data”: the real estate market prices continued to fall, the unemployment rate reached a new high point, the economic ring data is difficult to pick up, the rating agencies downgraded the country’s debt rating …
The European Central Bank last September announced the unlimited buy the bonds of euro-zone countries hit by the crisis, to reduce Spain’s refinancing costs. The fourth quarter of last year, Spain’s refinancing demand of about 40 billion euros, but according to industry forecasts, in the next two years, Spain, the overall demand for refinancing will be higher than 200 billion euros, which is obviously not good news.
Italian involvement in the European debt crisis last year, the decline in the purchasing power of Europe and the United States, high-end merchandise exports reduced the import side, the continued appreciation of the yuan against the euro, increased bargaining difficulty to local suppliers export a great deal impact
, Spain and Italy, the import and export trade situation has improved in the recovery of the U.S. economy led to the exports of the United States, Spain and Italy. But the objective point of view, the two countries away from the overall economic rebound needs a transitional period of not less.
Analysis of the industry, the trade risk is still quite a lot of local households and businesses inSpain andItaly during the transition period. The data show that since last year, the the exports reported loss cases the amount of increase of the ofZhejiang enterprises of the two countries to maintain more than 100%.
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