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July import and export of the United States is the first negative growth

Dongguan, in July this year another record high foreign trade volume of $ 11.85 billion, but export growth has slowed for three consecutive months, import growth rate is 4 consecutive months of falling into the 10%. Yesterday correspondent reported from the Huangpu Customs 1 July foreign trade data in Dongguan learned the first seven months, although the city's total foreign trade volume grew 12.9%, up to $ 74.34 billion, but the weak export and import growth of processing trade, imports and exports is the United States appeared in July the first year of negative growth.

"The shock was mainly imports and exports by the Chinese economic situation and various combination of factors outside the influence, given the global economic recovery, now the general situation remains unchanged, all kinds of short-term negative economic factors affecting imports and exports of Dongguan will not be much." The analysis of the relevant responsible person said.

Wando high import and export volume in July

Customs data show that in July this year, Dongguan City, another new import and export volume of up to $ 11.85 billion, an increase of 6.9%, growth of 5%; which exports $ 6.83 billion, imports $ 5.02 billion, an increase of 6.5% and 7.5 respectively. %. "Although the export value rising, but recent monthly export growth continued to remain low to be cause for concern." Huangpu Customs relevant staff revealed that the export side, growth will start from May, hovering around 10%, and 7 monthly growth rate is slowed to 6.5%, while import growth rate slowed more significantly, in April dropped to less than 10%, 4,5,6,7 month growth rate of imports were only 8.8%, 8.9%, 1.5% and 7.5%. "slowdown in growth is due to a combination of factors, of course, the instability and the recent economic situation and business expectations for the future have a certain relationship of uncertainty."

In addition, from January to July, Dongguan City, the overall situation of import and export point of view, the first seven months totaled $ 74.34 billion imports and exports, up 12.9%; which exports $ 42.54 billion, an increase of 14.3%; imported $ 31.8 billion, an increase of 11.1%.Despite significant growth, but Dongguan foreign trade, exports, imports were lower than the growth in Guangdong's foreign trade growth 11.1,11.6 and 10.5 percentage points.

Rapid growth of import and export of general trade

Although the first seven months, import and export of processing trade in Dongguan City, the city's total foreign trade over the same period accounted for nearly eight percent, reaching $ 57.44 billion, of which exports $ 34.58 billion and imports $ 22.86 billion, but its growth rate is relatively weak, were nearly 6.6, 8.7 and 3.5 percentage points.

However, only 16.9% of the city's total foreign trade import and export of general trade, but the performance was very active. Before the July general trade import and export amounted to 12.48 billion U.S. dollars, up 39.7%, higher than the export growth rate over the same period, Dongguan City, 26.8 percent; Among them, whether the export or import growth rate also exceeded 30%.

In July, the above comparison becomes even more apparent. Processing trade was 89.6 billion U.S. dollars, up by only 1% over the same period, general trade import and export $ 2.2 billion, has greatly increased 37.5% year on year; which exports $ 1.28 billion, an increase of 34.1 %; imports of $ 920 million, an increase of 42.5%.


This articlefrom:China Trade Information (http://en.zgxu.com),detailed reference to the above website.

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