November plastic products and other labor-intensive export slowdown - plastic products, export - plastic industry

China Suppliers


Down 9%. Exports 114.99 billion U.S. dollars, down 2.2%; imports 74.9 billion U.S. dollars, down 17.9%. This is the import and export since 2000 while the index for the first time negative growth. Foreign trade surplus of 40.09 billion U.S. dollars the month, up 52.3%, higher than the 22.5 percent increase in September, a record high.





1-11 months, total import and export 2.37837 trillion U.S. dollars, up 20.9%. Exports to 1.31716 trillion U.S. dollars, up 19.3%; import 1.06121 trillion U.S. dollars, up 22.8%. Export growth rate 3.5 percentage points lower than the growth rate of imports, the gap narrowed more than 2.2 percentage points from January to October. Total 255.95 billion U.S. dollars of foreign trade surplus, an increase of 6.8%.
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2008 foreign trade volume is expected to more than 2.5 trillion U.S. dollars, an increase of more than 15%; annual surplus over 280 billion U.S. dollars, more than in 2007 more than 18 billion U.S. dollars.





A 1-November to run the basic characteristics of foreign trade


(A) growth rate was significantly higher than general trade import and export of processing trade. From January to November, the general trade import and export 1.14569 trillion U.S. dollars, up 31.1%. Exports 608.71 billion U.S. dollars, up 24.7%; imports 536.98 billion U.S. dollars, up 39.2%. Processing trade imports and exports 981.28 billion U.S. dollars, an increase of 9.8%. Export 626.56 billion U.S. dollars, an increase of 11.9%; imports 354.72 billion U.S. dollars, an increase of 6.2%. General trade exports and imports of processing trade growth are higher than 12.8 and 33 percentage points.





(B) the rapid growth of imports and exports of state-owned enterprises, foreign investment and other companies import and export slowdown. From January to November, the state-owned enterprises export 571.37 billion U.S. dollars, up 27.6%, higher than the growth rate of 9.6 percent a year earlier. Among them, exports 237.66 billion U.S. dollars, up 16.3%; imports 333.71 billion U.S. dollars, an increase of 37%. Import and export of foreign-invested enterprises 1.31156 trillion U.S. dollars, up 15.4%, lower than the growth rate of 6 percent a year earlier. Exports 732.06 billion U.S. dollars, up 16.2%; import 579.5 billion U.S. dollars, up 14.3%. Collective, private and other enterprises import and export 495.44 billion U.S. dollars, up 29.3%, lower than the growth rate of 9.3 percentage points a year earlier. Exports 347.44 billion U.S. dollars, up 29%; imported 148 billion U.S. dollars, up 30.1%.





(C) mechanical and electrical products import and export of steady growth, import growth fell more hi-tech products. From January to November, import and export of electromechanical products 1.26185 trillion U.S. dollars, up 16.2%. 761.32 billion U.S. dollars of exports, up 20%; 500.53 billion U.S. dollars of imports, up 10.9%. High-tech products export 704.63 billion U.S. dollars, up 12.1%. Exports 385.67 billion U.S. dollars, up 16.2%; imported 318.96 billion U.S. dollars, an increase of 7.5% growth rate over the same period the previous year dropped by 9 percentage points.





(D) and major trading partners, trade development in good condition. From January to November, China-EU bilateral trade volume 392.94 billion U.S. dollars, up 22%; Sino-US trade amounted 307.82 billion U.S. dollars, up 11.6%; Sino-Japanese bilateral trade volume 246.23 billion U.S. dollars, up 15.2%. The bilateral trade volume between China and Brazil increased by 70%, and India bilateral trade grew 41.6%, with bilateral trade volume increased 41.3% in Australia, and ASEAN, South Korea, South Africa, Russia's trade has increased more than 15%.





Second, the current foreign trade operations of concern


(A) a single month record high trade surplus, the cumulative trade surplus increased substantially. Since August, the record high monthly trade surplus. November's trade surplus is a breakthrough 40 billion U.S. dollars, up 40.09 billion U.S. dollars, than the same period last year 13.77 billion U.S. dollars; up 52.3%, higher than the 22.5 percent increase in October. Beginning in October by the lower cumulative trade surplus increase by transferring 1-November, the cumulative trade surplus of 255.95 billion U.S. dollars, than the same period last year 16.38 billion U.S. dollars, an increase of 6.8%, higher than the 5.5 percent increase from January to October.





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Yuyao Plastic City ABS Market Summary