Shenzhen Customs: Slowdown In Clothing Exports Is Below Average

2010/8/17 10:46:00 55

From Shenzhen customs, the import and export of Shenzhen foreign trade last month

Gross value

For us $29 billion 90 million, a sharp increase of 25.8% over the same period last year, although the year-on-year growth rate has slowed down for second consecutive months, the total value of foreign trade and imports and exports have reached a new high in the year.

Foreign trade growth slowed two months

According to statistics,

Shenzhen 7

The total value of foreign trade and imports increased by 25.8% in the month, and the growth rate was 5.9 percentage points slower than that in June. This is another slowdown since June's growth slowed by 8.8 percentage points over May.

Among them, the export value reached 17 billion 660 million US dollars, an increase of 26.2%, the growth rate slowed down 6.2 percentage points, the import value was 11 billion 430 million US dollars, an increase of 25.3%, a slowdown of 5.3 percentage points.

In the first 7 months of this year, the total foreign trade import and export value of Shenzhen totaled US $174 billion 300 million, an increase of 27.2% over the same period last year. Of these, the total export value was US $101 billion 500 million, an increase of 22.5%, and imports of US $72 billion 800 million, an increase of 34.4%.

Customs data show that in the first 7 months

Improvement trade

The increase in import and export value was strong, with an increase of 24% to 90 billion 360 million US dollars, accounting for 51.8% of the total import and export value of the same period.

Slowdown in labour intensive products

According to the category of foreign trade goods, the export of mechanical and electrical products in the first 7 months was 77 billion 770 million US dollars, up 24.3% from the same period last year, accounting for 76.6% of the total export value of the same period.

The total exports of major traditional labour intensive products, including clothing and accessories, furniture and parts, footwear, textile yarns, fabrics and products, plastic products, toys, bags and similar containers, totaled $14 billion 710 million, an increase of only 16.7%, and the growth rate was significantly lower than the overall data.