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Review of China's foreign trade in 20112012market prospects, challenges and opportunities coexist!


Type:Company news         Data of Release:2012/5/31 11:40:00

According to customs statistics, in 2011, China's foreign trade import and export value of 3642060000000 U.S. dollars, compared to the same period in 2010(the same below ) grew by 22.5%, the import and export trade to refresh the annual history record. Among them, exit 1898600000000 dollar, grow 20.3%; imports of US $1743460000000, up 24.9%. A trade surplus of US $155140000000, than going up year reduce net $26370000000, down 14.5%.

Customs statistics show that in 2011, December, China's import and export value was 332920000000 US dollars, up 12.6%. Exports of $174720000000, an increase of 13.4%; imports of US $158200000000, up 11.8%.

Although, since the second half of 2011China's foreign trade import and export growth continues to decline, but the trade development more balanced: import, export development, foreign trade surplus has narrowed. In 2011, in the" import" policy guidance, China's import growth rate higher than the export growth rate 4.6 percentage points compared to the same period in 2010, the trade surplus narrowed to7.2% basis continue to narrow14.5%, reduce 26370000000 dollar, year trade surplus and foreign trade value ratio of 4.3%,1.8 percentage points lower than the previous year.

Trade structure continues to improve: general trade strong regression,2011, our country general trade import and export1924590000000 U.S. dollars, up 29.2%, accounted for52.8% of the total value of import and export in China, the proportion of than in 2010increased 2.7 percentage points. The export was $917120000000, up 27.3%, higher than the same period the overall export growth by 7 percentage points; import 1007470000000 dollar, grow 31%, higher than the same period the import of the overall growth rate of6.1 percentage points. Under general trade deficit of $90350000000, expanded 85.8%. At the same time, China's processing trade import and export1305210000000 U.S. dollars, up 12.7%. Exports of $835420000000, an increase of 12.9%; imports of US $469790000000, up 12.5%. Under processing trade surplus of $365630000000, expanded 13.4%.

Trading partner diversity effect is apparent : Europe and the United States and Japanese traditional market growth is smooth, strong trade growth in emerging market countries. In 2011, the bilateral trade total value 567210000000 dollar, grow 18.3% compared to the same period, China's import and export of overall growth rate 4.2 percentage points. Simultaneous, bilateral trade total value is 446650000000dollar, grow 15.9% compared to the same period, China's import and export of overall growth rate 6.6 percentage points. In 2011, with bilateral trade worth $362850000000, up 23.9%, higher than the same period in China's import and export the overall growth rate of1.4 percentage points. Among them, I am to ASEAN exports 170080000000 U.S. dollars, an increase of 23.1%; since ASEAN import 192770000000 dollar, grow 24.6%; to ASEAN trade deficit of $22690000000, expanded 37.1%. Bilateral trade total value is 342890000000dollar, grow 15.1% compared to the same period, China's import and export of overall growth rate 7.4 percentage points. And to Brazil, Russia and South Africa and other countries for bilateral trade import and export value respectively 84200000000,79250000000 and45430000000 dollars, grow respectively 34.5%,42.7% and 76.7%, which were higher than China's total import and export growth in the emerging market countries, I showed strong trade growth.

Trade area layout more hasten is reasonable: Guangdong, Jiangsu and other 7 provinces and cities of foreign trade together accounted for 8into above, the foreign trade development momentum strong. In 2011, Guangdong Provincial Import and export value of 913480000000 U.S. dollars, up 16.4%. During the same period, Jiangsu Province, Shanghai city and Beijing City import and export value respectively 539760000000,437310000000 and389490000000 dollars, grow respectively 15.9%,18.5% and 29.1%. In addition, Zhejiang Province, Shandong province and Fujian Province Import and export value respectively 309400000000,235990000000 and143560000000 dollars, grow respectively 22%,24.8% and 32%. The 7provincial import and export value accounted for81.5% of the gross import and export. From the export point of view, in 2011, Guangdong Province exports 531940000000 dollar, grow 17.4%. During the same period, Jiangsu Province, Zhejiang province and Shanghai city respectively, exit 312620000000,216360000000 and $209690000000,15.6%,19.9% and 16% growth respectively. In addition, Shandong Province, Fujian province and Beijing city respectively, exit 125790000000,92840000000 and $59030000000,20.7%,29.9% and 6.5% growth respectively. While the Midwest export growth significantly higher than the national overall export growth over the same period, including Chongqing, Henan, Guizhou and Jiangxi provinces exports were 1.6 times,82.7%,55.5% and63.1%.

The main trade structure: positive changes in foreign investment enterprises continue to occupy a dominant position, private enterprises accounted for the proportion increase rapidly. On 2011, foreign investment enterprises to import and export of $1860160000000, up 16.2%, accounted for51.1% of the total value of import and export in China, the proportion dropped 2.8 percentage points. At the same time, private enterprises ( including collective, private enterprises and other enterprises ) import and export1021280000000 U.S. dollars, up 36%, higher than the same period in China's import and export the overall growth rate of13.5 percentage points, China's import and export value accounted for28%, than going up year increased 2.8 percentage points. In addition, the state-owned enterprises import and export760620000000 U.S. dollars, up 22.2%.

In2011, exports, the export of electromechanical products in China of $1085590000000, up 16.3%. The electrical and electronic products exports 445790000000 U.S. dollars, an increase of 14.7%; machinery and equipment exports 353770000000 dollar, grow 14.2%. Traditional commodity exports steady growth, which garment export 153220000000 U.S. dollars, an increase of 18.3%; textile exports 94670000000 U.S. dollars, an increase of 22.9%; footwear exports 41720000000 dollar, grow 17.1%.

In imported goods, in 2011, China's imports of primary products of $604380000000, up 39.3%. Which import iron ore6.9tons, grow 10.9%, average import price of $163.8 per tonne, up 27.1%. During the same period, imported 52640000 tons of soybean, fall 3.9%, the average import price of $566.8 per tonne, up 23.7%. In addition, mechanical and electrical products import753290000000 dollar, grow 14.1%; wherein the imported 1036000 cars,27.8% growth.

Generally speaking, the foreign trade 2011not as expected early so bad, but it is not so good. Along with the continuous appreciation of the yuan, the domestic market continues to expand, many enterprises begin to trade with.

So2012 is a what kind of form? Together we can look at the:

The next year the export risk:

A debt crisis, developed countries can get effective control and gradually eased. Despite the existence of the further spread of the debt crisis and the possible escalation, but the crisis was settled there is even a possibility. Major developed countries in the internal political situation, to a considerable extent will decide debt crisis.

In two, was developed without the employment of weak recovery, together with the emerging and developing economies are likely to grow further the expected slowdown, will trigger a new trade, investment and financial protectionism. The United States currently in the OECD is actively driven to limit the behavior of the state-owned enterprises of the so-called" competitive neutrality framework", is a typical example of.

By three, developed economy is slowing down, but also because forced by tightening to curb inflation, coupled with the international capital flow direction, size and speed more whirling, emerging economies growth slows the possibility is quite big, some important emerging economies and even has a hard landing of the may.

Four, Syria, the Iran conflict would escalate and spread, both on the global economic situation produced different effects. Especially the push commodity price changes, such as oil, if the turmoil, coupled with a high degree of financial speculation. Price may break through 200 dollars.

The next year the export opportunities:

One, world economy is facing many problems, but the recovery trend has not changed. Developed countries should pay more attention to the entity economy development. The European Central Bank has cut its benchmark interest rate to a record low of 1%; the United States will be the benchmark interest rate to maintain the0-0.25% ultra low level to 2014, in order to promote economic recovery. Ultra low baseline rates and the entity economy give aid to policy, will effectively enhance the employment rate and investment behavior, according to the United Nations in 2012 is expected to release data, global foreign direct investment reached about $1.7, will be returned to the level before the global financial crisis. These factors have contributed to a decline in employment, consumption will increase, thus promoting exports.

Two, emerging economies still maintain a rapid growth, the world bank at the beginning of2012, emerging economies to grow by 6.1%, Russia, India, Brazil, South Africa and other countries, the export growth can still view,

In 2011three, foreign trade growth is 22.5%, expected growth rate to half of last year, in 2011 China Electronic Commerce annual market transactions amounted to 7yuan, grow 46.4% compared to the same period, the trade of the network is still high growth trend, the new year still has the potential to be excavated.

The next year the export of

Industry and regional analysis:

In December last year, North America, Western Europe and South America export index level is above average. From South America buyers gradually increased in number, as one quarter of exports growth situation is optimistic area. Among them, Brazil lasted nearly three quarters of the strong growth in the next year will continue.

And from the middle of the procurement quotient although more, but the actual number of transactions is much lower than expected, war and political situation if tends to be stable, the region's export situation will be recovery.

A quarter of the United States, Brazil, and should focus on the recovery of the European Union countries.

The United States is expected to export growth in the first quarter of next year whole slow, need half a year, can be restored to the two or three quarter of last year the growth of highly. Beauty care, watches and clocks, jewelry, home furnishing and home furnishing gardening gifts crafts will be more optimistic.

Exports to Europe only expect the EU to individual national foreign trade orders breakout. Notable is the euro zone countries, such as Spain and Italy experienced government personnel change, people for their confidence in the economy has improved, and France, Germany relies on its own economic structural adjustment to the manufacturing industry tilt more resources, so the export is expected to better. According to industry, the Europeans in the overall consumption demand decline, will be more concerned about their actual impact on the industry, consumer electronics, gifts crafts a lower demand for health, beauty, and high demand, health is worth paying attention to industry.

China export to ASEAN countries by the early safety events, the second half of last year, quarter were relatively low, coupled with the recent Southeast Asia traditional festival, a quarterly procurement demand growth and recovery will be slower, but on the whole still rely on imports from China ASEAN Industrial and consumer products. Exports to ASEAN's good performance of major industries include machinery, Biker Motorcycle, electrical equipment, gardening and home furnishing consumer electronics.

Crisis and turning, risks and benefits with, challenges and opportunities coexist. Rio Tinto LITUO focus on electronic equipment production and sales! WWW.SZLTCN.COM