The export orders of many industries increased month on month, and the signs of foreign trade warming were obvious
2022-07-07
Affected by multiple factors such as the epidemic and the international geopolitical situation, China's foreign trade situation was severe in the first quarter. However, with the introduction of a series of stable foreign trade policies and the improvement of epidemic prevention and control, the foreign trade situation of many industries has begun to improve recently, and export orders have increased month on month. Textile, toy and other industries export boom again Han Qian, general manager of Orient International Group Shanghai Rongheng Trade Co., Ltd. (hereinafter referred to as "Rongheng international trade"), which is mainly engaged in the foreign trade of textile and clothing products such as women's underwear and underwear, recently told the reporter of Shanghai Securities News that the company's shipment volume fell by 30% in the first half of the year due to the epidemic, but with the resumption of work and production in May and June, through catch-up, the total export volume in the first six months has increased by 3% over the same period last year. Transportation barriers are also gradually getting through. Boss Zhao, who is mainly engaged in the transportation of foreign trade textiles from Huai'an, Jiangsu, to Shanghai, told reporters that before the epidemic, a 9.6-meter truck could run 89 times from Huai'an to Shanghai every month, but the number of times to Shanghai when the epidemic was at its worst this year was almost zero. "At present, if the same truck runs frequently, it can run 78 times a month." According to the data of the General Administration of customs, in May 2022, China's textile and clothing exports amounted to US $29.227 billion, an increase of 20.18% year-on-year. Among them, the export volume of textiles (including textile yarn, fabrics and products) was US $14.028 billion, with a year-on-year increase of 15.71%; The export volume of clothing (including clothing and clothing accessories) was US $15.199 billion, with a year-on-year increase of 24.61%. "Europe is booming, and the United States is warming." When talking about the company's export situation this year, Zhang Kun, the executive president of gclsi in charge of global sales, summarized it concisely and comprehensively in these eight words. He told reporters that overseas orders have increased rapidly, especially in recent months. The household appliance industry also witnessed significant improvement in foreign trade. Industry online data showed that the central air conditioning market showed a recovery momentum in May, of which the export volume was 1.1 billion yuan, an increase of 12.6% year-on-year. The production and sales of color TV sets also achieved good growth, with a cumulative export of 35.32 million units from January to may, a year-on-year increase of 10.8%. In addition, toy exports are also showing signs of recovery. According to the statistics of China toy and Baby Products Association, China's toy export volume in May this year was US $4.16 billion, an increase of 33.1% over the same period last year. Many listed companies benefited from the recovery of foreign trade With the overall recovery of foreign trade, the product sales data of many listed companies engaged in foreign trade business also showed warmth. "At present, the export volume of paper products has increased significantly year-on-year," Yueyang forest paper said in response to investors' questions on the Shanghai e-interactive platform Xinyaqiang, which focuses on silicone functional additives, also said on the interactive platform, "the company's international market business maintained stable growth in the second quarter." Anhui Heli said on the interactive platform that the impact of the epidemic is gradually weakening, the proportion of the company's lithium new energy, high-end storage vehicles and other product structures has further increased, and the scale of its export business has further expanded. The overseas revenue of lege shares accounted for more than 90%. The reporter called the company and learned that the recent decline in shipping costs, the relatively stable raw materials and other external environment improvements have had a positive impact on its exports. Haier Zhijia's first quarter report this year showed that the company's overseas business revenue increased by 4.2% year-on-year, and its operating profit margin increased by 0.1 percentage points year-on-year. Zhou Xuhui, an analyst at Dongcai securities, said that China has the advantages of complete industrial categories and stable production, and its position in the global industrial chain is difficult to shake in the short term. ASEAN and other economies have limited substitution for China's exports. At present, under the influence of the Ukrainian crisis and the continued spread of the epidemic, the global supply and demand gap is still large, and China's exports are expected to remain resilient. Foreign trade remains uncertain in the second half of the year "China's foreign trade is indeed greatly impacted by the epidemic, but it is also very resilient, and it is not easy to fall at one blow." Bai Ming, deputy director of the International Market Research Institute of the Research Institute of the Ministry of Commerce, told reporters that the current growth is mainly restorative growth, and the independent industry of the industrial chain supply chain is relatively prosperous. "For example, the export of the automotive industry is still good, especially the double growth of new energy vehicles, because China's industrial chain in this regard has basically achieved independent control." According to the statistics of China Association of automobile manufacturers, the monthly export of automobiles in may hit a new high this year. From January to may 2022, China's automobile exports totaled 969000, with a year-on-year increase of 44.7%. Among them, 245000 vehicles were exported in May, with a month on month increase of 73% and a year-on-year increase of 62.3%. Although China's foreign trade as a whole shows a warming trend, some garment foreign trade enterprises are still facing pressure. An insider engaged in garment foreign trade told reporters: "due to the lack of orders, now most of our people have gone to the United States to contact customers." In this regard, Bai Ming said that the epidemic highlights the vulnerability of industries with relatively low added value. As for the foreign trade situation in the second half of the year, he believes that there are still many uncertainties. "For example, if the Federal Reserve raises interest rates, it will make the U.S. economy recession, which may have a relatively obvious spillover effect. In addition, can the growth rate of foreign trade continue in the future? After all, there are many backlog orders in March and April in May. What should we do after the orders are delivered? So it remains to be seen in the second half of the year." He suggested that the foreign trade industry should improve the technological content and the independent reliability of foreign trade, that is, the independence of the industrial chain and the supply chain, and improve the industrial position. "If you want to get 'high marks' in international competition, you also need to see the ability of product design, factory production capacity, price, quality of business personnel, etc." Han Qian said. In addition to large enterprises, the export of small and medium-sized enterprises also faces more cost pressures in terms of system and liaison. Yuan Tangjun, director of the Asian Economic Research Center of Fudan University and professor of the school of economics, told reporters that using the platforms of cross-border e-commerce and overseas warehouses can integrate small and medium-sized enterprises and reduce the costs faced by various enterprises. "With the efficiency of modern logistics, e-commerce can quickly provide diversified products and turn disadvantages into advantages." Yuan Tangjun believes that in the face of competition from Southeast Asian countries, enterprises must transform to the middle and high-end of the value chain and produce more high-end products with higher added value. (Xinhua News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Shanghai Securities News
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