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Import and export data is lower than expected in April

Import and export data is lower than expected in April

In April, the import and export data is lower than expected this year, foreign trade "Paul 10" to face challenges

Xinhua News Agency reporter Wang Youling, Fan Chao, leaves before the Xin

On the 10th by the General Administration of Customs, import and export data, export and import growth by 2.7% in April, which imports increased by 4.9%, exports increased by 0.3 percent, lower than previous market expectations.

Analysts believe that the consumptive capacity of the international market is limited, the biggest factor affecting China's exports, China's foreign trade this year, "Paul 10" to face challenges.

The international market into affect April exports the biggest factor

Customs statistics show that in the month of April, China's import and export value of $ 308.08 billion, an increase of 2.7%. Which exports $ 163.25 billion, an increase of 4.9%; imports 144.83 billion U.S. dollars, an increase of 0.3%; the month trade surplus of 18.42 billion U.S. dollars. After seasonal adjustment method to adjust the year-on-year growth rate of China's import and export, export and import in April were 6.1%, 7.2% and 4.8%.

Statistics Division of the General Administration of Customs said Zheng jumped in the international market is the biggest factor to affect China's exports in April. EU economy continuing decline in April China's exports to the EU growth is minimal; the U.S. economic recovery, China's exports to the U.S. performed better.

In accordance with this trend, the United States may in the near future to replace the EU has become China's largest export market. In addition, the overall cost of the domestic workers' wages, prices of raw materials increased, and presented an upward trend in the exchange rate in general is also an important factor in China's export growth fell.

China's export costs, while the consumptive capacity of the international market is limited, the decline in exports of traditional intensive products, in Japan, the U.S. share of imports also show a downward trend, the orders of these products are transferred to India, Indonesia and Vietnam and other countries to "Zheng He jumped said.

The import side, Zheng jumped on the one hand, the international commodities prices, the decline in China's imports of commodity value. The other hand, China's own lower economic control objectives, economic growth slowing, the decline in domestic demand, the impact on China's imports.

Import and export growth is lower than expected foreign trade enter cis deficit alternately a "dynamic equilibrium of"

The light of day companion care previously expected, exports grew by 8.9 percent in April, the growth rate unchanged from March; imports increased by 11.6 percent, the growth rate increased by 6.3 percent in March.

Actual data import and export in April than expected.

Canton Fair is considered a barometer and wind vane of China's foreign trade, the just-concluded 111th Canton Fair Turnover declined the first time since the 2008 financial crisis, evidence of domestic import and export situation is not ideal fact.

According to the Fair news spokesman Liu Jianjun, the Canton Fair rare "hot phenomenon turnover light. Accumulated at the fair to be buyers over the same period in the 110th an increase of 0.18 percent, a record high; but the transaction is not optimistic, the total export turnover of 36.03 billion U.S. dollars, chain, and year on year decline of 4.8% and 2.3% respectively.

Some foreign trade enterprises and the local business department heads believe that the current trend of imports and exports continued to slow down the future will remain for some time that China's foreign trade as a whole has entered a slow growth period.

Domestic foreign trade sector in general that, with the domestic and international market environment changes and policy guidance has intensified, China's trade surplus will continue to maintain momentum continued to shrink, individual sessions as well as the possibility of a certain amount of deficit throughout the year is increasing day by day.

In this regard, the experts said that China's foreign trade into the dynamic equilibrium of the alternating cis deficit, China's foreign trade industry will be the exchange rate and monetary policy adjustments, higher demands, but also further highlight the strategic value of China's domestic market, how to use dependence on China's market to increase the favorable opportunity of the developed markets in Europe and America in the new round of international industrial layout adjustment to seize the initiative, worthy of attention.

Robust growth of emerging market "Paul 'to face challenges

Customs statistics show that China's rapid growth in Russia and Brazil and other emerging market countries, import and export. The first four months of this year, total bilateral trade of China and Russia and Brazil were 28.69 billion and 25.07 billion U.S. dollars, an increase of 27.7% and 14.4% respectively.

Zhejiang Yiwu small commodity exporters is deep. BRIC countries in Yiwu's export performance, year on year growth in more than 35%. Among them, India for the first time become the largest export destination country of Yiwu. Industry experts believe that the BRIC countries affected by economic crisis, small, ease the situation in North Africa and the Middle East, leading to the growing demand of the above areas.

However, from the trade point of view, China's major traditional markets in Europe and the United States, the new part of the emerging markets can not fully compensate for the decline in European and American markets, "Paul 10" to face challenges.

The data show that the first four months, China and EU bilateral trade value is only a slight increase of 0.3 percent, an increase of 9.2% of total bilateral trade with the United States. See from this year's trade turnover of the situation, the European Union to be buyers and turnover decreased by 15.5% and 5.6%, the United States purchase amount decreased by 8.1%.

Although the Commerce Department declared on many occasions as an import and export department in charge of the beginning of the development of a 10% growth target can be achieved. The Ampang consulting principal investigator of power that, in the context of Europe, the United States the two major trading partners economic conditions shortly hardly out of the downturn, this year's foreign trade growth of 10% of the goals will face greater difficulties.

Zhang Hanlin, director of the China WTO Research Institute of the University of International Business and Economics, believes that the overall situation of the world economy has improved, China's exports will be warmer with the recovery of the international market demand, import and export target of 10% achieved possibility.