Russia Is An Important Export Market For Shaoxing.
E Burke, a British statesman, once said, "businessmen are interested in places where wealth can be found."
With the rapid development of Russian economy, bilateral trade between China and Russia has also developed rapidly. More and more Chinese textile enterprises have put their eyes on Russia's emerging market.
Especially after Russia's accession to the WTO, the import and export of textiles are more standardized, and the prohibitions, licenses, authorization and other regulations that do not conform to WTO rules are modified or abolished. The import and export tariffs have been correspondingly reduced, so that the cost of exporting to Russia has been reduced, and the enthusiasm of Chinese textile enterprises to fight Russia has been increased.
According to our customs statistics, in 2013, China's textile industry exported 8 billion 500 million US dollars to Russia, a sharp increase of 45.6% over the same period last year. Russia is an important export market for textiles and clothing products in China.
Shaoxing textile enterprises, which are extremely sensitive to the international environment, are also catching up with this development opportunity, and their eyes are pouring into the Russian market.
Many textile enterprises in Shaoxing say that as the world's emerging economies, Russia has a large market demand for textiles.
Before Russia's textiles were mainly purchased from South Korea, Turkey and other places, and now China
textile
More and more popular.
It is reported that in order to expand the Russian market, in 2012, Shaoxing Mina Textile Co., Ltd. established a branch office in Russia, and also hired Russian staff to carry out better negotiation and cooperation with local merchants.
"In the first year of opening a branch in Russia, not only did we develop some new customers, but the amount of trade over 3 million dollars was also pleasant, when we decided to increase our trade with Russia."
Lu Huiling, general manager of sales, said.
Shaoxing Shenglong Home Textile Co., Ltd. specializes in producing Russian fabrics, with an annual output exceeding ten million meters. After Russia's accession to the WTO, the company saw its business opportunities and further expanded its exports to Russia.
"Russian businessmen have no higher demand for fabrics than those from Europe and the United States, and because of the lack of local garment processing enterprises, we have created opportunities for us to export to Russia, and the room for future growth should be great."
Li manager of Shenglong home textile told reporters that Russia's light industry foundation is weak, but the market demand is great, and textile enterprises have great potential.
Without ruble's continued decline,
Shaoxing
Textile business is still booming in Russia.
However, the collapse of the ruble appeared recently, which changed the upward trend.
It is reported that in the second half of 2014, the scale of Shaoxing's exports to Russia showed a decreasing trend, especially in November, when exports to Russia were only 46 million 240 thousand US dollars, and the year-on-year decline was almost 20%.
"Since January 2014, the rouble has fallen by nearly 40% against the US dollar."
Shaoxing customs analysts pointed out that the ruble exchange rate continued to decline, and businesses did not dare to pick up. In the next few months, Shaoxing's impact on Russian exports will be more obvious.
Because of the serious losses, many merchants had to stop trading with Russia and wait for the opportunity.
Some Shaoxing textile enterprises bosses mentioned that in 2014, the overall decline of Russian orders was really serious, and some textile enterprises were still slowly boiling away. Some textile enterprises had been directly closed because of the particularly difficult business of foreign trade.
"Recently, due to
Rouble
Russian customers can't afford to pay for the collapse, and our businesses are also being returned.
Fu Guangyi, general manager of Zhejiang fan's Textile Co., Ltd.
Van chase is an export-oriented enterprise integrating weaving, dyeing and trading in Shaoxing. It mainly produces and sells knitted fabrics. Its products are exported to more than 50 countries and regions, such as Europe, the United States, South America, etc., with annual sales of US $more than 100000000, and trade with Russia in the long run.
"Business with Russia is becoming more and more difficult, especially in 2014.
Before that, exports to Russia amounted to about 10 million dollars a year, only 67 million in 2014, and the export situation was very severe.
Just like our goods have been shipped to Russia, but the ruble falls sharply, and we can not talk with customers, so we can only deliver the goods at a loss. "
Fu Guangyi said that such a thing is more than just one of us, many textile enterprises have suffered such a blow this year.
Keqiao district is a gathering place for Shaoxing textile enterprises. In recent years, Keqiao foreign trade enterprises have expanded their business to Russia, and Russian export enterprises have surged from the original more than 400 to more than 600 now.
The sharp fluctuations in the ruble exchange rate undoubtedly increase the operational risks of these foreign trade enterprises.
Reporters from the Keqiao District Commerce Bureau, 1~11 months, Keqiao area exports to Russia 170 million U.S. dollars, down nearly 7%.
In November, exports fell more sharply, reaching 27.59%.
"Many export enterprises have stopped exporting to Russia."
Chen Weixing, deputy director of Keqiao Commerce Bureau, said.
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