2016 Analysis: What Is The Import And Export Performance Of China'S Shoes And Hats?

On January 5th, at the 2016 China economic forecast conference, CAS forecast center predicted 2016

About $40550 billion, an increase of about 2.7% over the previous year, of which exports amounted to about $23900 billion, an increase of 3.9% over the previous year, with an import volume of about $16650 billion, an increase of 0.9% over the previous year and a surplus of about 725 billion US dollars.

In 2015, China's total import and export volume was about 39500 billion US dollars, down 8.2% compared to the same period last year, of which exports amounted to about 23000 billion US dollars, down 1.8% compared with the same period last year. The import volume was about 16500 billion US dollars, down 15.8% compared to the same period last year. The surplus was about 650 billion US dollars, up 70% over the same period.

China's total imports and exports to the United States amounted to about 566 billion US dollars, an increase of 1.9% over the previous year, of which exports amounted to about US $416 billion, an increase of 5% over the same period last year. The import volume was about US $150 billion, down 5.8% from the same period last year, and the trade balance was about 266 billion US dollars.

China's total imports and exports to the European Union amounted to about 561 billion US dollars, down 8.8% from the same period last year, of which the export volume was about 350 billion US dollars, down 5.7% compared with the same period last year. The import volume was about 211 billion US dollars, down 13.7% compared to the same period last year, and the trade balance was about 139 billion US dollars.

From the point of view of products.

The export growth rate of electromechanical products and high-tech products is about 0.65% and 0.2% respectively; textiles,

The export growth rate of footwear is about -2.3%, -6.61% and -4.0% respectively.

In 2016, the development of China's foreign trade will still be in the pformation stage of medium and low speed growth.

On the export side, the economic recovery in developed countries is slow, and the economic vitality of the emerging market countries has weakened. In addition, under the global trade structure adjustment, the return of manufacturing industries in developed countries and the pfer of low-end manufacturing industries to low cost countries have further weakened the growth momentum of China's exports. In 2016, China's exports will be dominated by low speed and steady growth. In terms of imports, the commodity prices of domestic and international markets in 2016 are both under downward pressure and lack of growth momentum, but the growth rate of imports in 2016 is expected to be positive due to the low import base in 2015.

According to the prediction and analysis and calculation and analysis of major trading partners, China's steady growth in imports and exports to the United States in 2016 was higher than that of the national total import and export growth.

The total volume of imports and exports to the United States was about 604 billion 500 million US dollars, up 6.8% over the same period last year, of which the export volume was about 447 billion US dollars, up 7.5% over the same period last year; the import volume was about 157 billion 500 million US dollars, up 5% over the same period last year; the trade balance was about 289 billion 500 million US dollars.

The total volume of imports and exports to the European Union in 2016 is estimated to be 578 billion US dollars, up 3% over the same period last year, of which the export volume is about 356 billion US dollars, up 1.7% over the same period last year. The import volume is about 222 billion US dollars, up 5.2% over the same period last year, and the trade balance is about 134 billion US dollars.

From the point of view of products, the growth rate of exports of electromechanical and high-tech products is basically flat with that of total exports.

The annual export growth rate of electromechanical products and high-tech products is about 3.3% and 3.9% respectively.

Labor-intensive products are slightly inferior.

The export growth rate of clothing and footwear was about 1.4%, 1.7% and 3.1%, respectively.