From Yiwu Business Bureau Foreign Trade Division provides ,Yiwu export materials can be seen on the EU market in the first half of 2012 due to the European debt crisis, personal consumption and business investment declined from January to July, Yiwu City, $ 377 million of exports to the EU, an increase of only 2.01%, and a different rate of decline of the European Union, Germany, Britain, Italy and other major economies, the increase remains in the single digits.
However, the Middle East and South American markets have replaced the EU market. January to July of 2012, in addition to negative growth in Iran, the Middle East region whole to have maintain good growth, year-on-year growth of 34.89%.
Foreign trade growth, driven in the Middle East and South America, in the first half of this year, the total import and export volume of Yiwu $ 2.445 billion, a year-on-year growth of 18.3%. Total exports of $ 2.251 billion, a year-on-year growth of 19.83 percent, respectively, higher than the national, Zhejiang 12.0,16.4 percent.
The person in charge of Foreign Trade Co., Ltd. Yiwu Triumph Liu Qing said, the foreign trade situation decline last year,but his company’s revenue has more than doubled. “This year, the business is a little worse, but not everyone is so bad that some old foreign customers orders shrink, just the new orders less than last year.” his orders mainly from South America, the products manily such as toys, plush and light-emitting class-based, voice-activated remote control technology content products.
Yiwu Small Commodity exports to Iran dropped from April, India replace Iran to become another big market of Yiwu Small Commodity exports. A good news is that to rebuild positive impact by Libya, Yiwu Small Commodity exports to Libya rapid recovery.
This news was published by Yiwu International Trade Co.,Ltd.:
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