March exports of China's 2.23 billion U.S. dollars of furniture shows signs of rebound

Chinese Customs statistics recently released show that in March this year, China's import and export value of 162.02 billion U.S. dollars, up 20.9 percent decline; 90.29 billion U.S. dollars, including exports, dropped 17.1 percent year-on-year; imports 71.73 billion U.S. dollars, up 25.1 percent decline; month trade surplus of 185.6 100 million U.S. dollars, an increase of 41.2%. In March, China's competitive edge in the market with strong exports of labor-intensive good, furniture 2.23 billion U.S. dollars, an increase of 1.3%; ring than, the 78.1 percent growth in furniture. The first quarter of China's furniture exports of 5.86 billion U.S. dollars, fell 8.5 percent over the same period. furniture every day continue to invite experts in the Chinese furniture industry association spokesman Zhu Changling, Zhejiang furniture Association industry sources, Guangdong furniture Association executive vice president of Wang on the first quarter of this year's furniture exports to Comment.

furniture Association of China spokesman Zhu Changling --
Reflect the situation from the enterprise, the export of furniture in March should be a little better. However, the general trend from the point of view, China's furniture exports are no longer in a state of high growth, or negative growth. The first quarter year-on-year decline in exports of 8.5, to 13.6 last month, has begun to show the pick up, equivalent to make up part of the original, but still be negative. An increase of 1.3% on the same state. China furniture Association, recently learned that a number of enterprises is higher than in previous years, the status of overtime, and now orders and production business is basically at a steady state, and some orders, but delivery is not as fast as in previous years, there some uncertainties. From the data point of view, in April is expected to be better than ever, which is an objective, but also understand that the feedback Association. It should be noted that the international situation does not improve the status of domestic enterprises is also very difficult to all of a sudden turn for the better, but we can see that the furniture industry in general better than other industries, from furniture exhibition in March this year, can also be seen. Now the Association is doing research related to the furniture industry to understand the changes in the industry and the current situation of enterprises and at the same time corresponding to the relevant state departments for feedback. For example, Guangdong Longjiang, furniture exports in January fell 5 percent, 10 percent decline in February, dropped 5 percent in March, April is expected to rise significantly, electricity can be seen from the factory, and now businesses have been restored load to its previous level and shows that enterprises in moving forward.

Zhejiang furniture Association industry source --

Enterprises in the furniture part of the study visits and investigations, we believe that the situation in Zhejiang is always better than expected, especially in Guangdong furniture Show in March than expected much better, as the intention to order the amount of Yuhuan on There are 100 million U.S. dollars, and finally the implementation of the initial 30%. From the enterprise is concerned, Gary Coull, the growth of domestic technology companies, and in 30%, but year-on-year decline in foreign trade, in about 15% -20%; Chunguang of the United States and the first quarter of the company's export growth of 30%; SUNON furniture Company 1 -2 month growth rate of 15%, 1-March year-on-year increase of 9%; the other is the growth of exports Anji, outdoor furniture export growth rate of around 5% -6%, of which some good companies to achieve 40 percent growth, so we that furniture exports is gradually improved. Generally speaking the situation now is quite good, Zhejiang province in January exports 600 million U.S. dollars, 460 million for general trade, up 6.7 percent, and the processing trade was 140 million, down 15.6% in the first quarter of Zhejiang exported 1.4 billion U.S. dollars, down 5.3%, an increase of about 1% of total exports accounted for nearly one-fourth. Is expected in April it would be better to some, Guangzhou Fair to be done after a number of orders, which in April year-on-year decrease in the whole country will be more smaller. furniture exports are expected throughout the year may also increase the demand for furniture, after all, is rigid, can not be poor.

It is noteworthy that the United States and Europe not to be improved, furniture restricting direct cause of the decline in exports, the other from the ocean in terms of the price of each container had dropped 40 feet container, for example when the maximum number of 1000 U.S. dollars a container, dropped to the lowest few hundred dollars, the highest 20-foot container of more than 3000 U.S. dollars up to around 500 U.S. dollars. Of course, this is subjective and can not solve the problem, so at this stage, enterprises should do everything in its power to do some things and adopt effective measures to deal with the crisis, such as the diversification of exports, the development of new products, a variety of measures to reduce costs. There are many companies now turning their attention to the domestic market, such as Lee Ho-effectiveness has been made good, and some public companies to develop some products, like flowers for a small American-style media, giant of a well-off Mulberry House, the businesses proposed the development of Yuhuan some small European-style, small classical furniture.

The current situation is temporary, you can speak some warmer, but not on the rebound hard to say. Our association is also the enterprise skills, be adjusted, integration, management of internal training, recruit talent, develop new products, find more business opportunities. Businesses can not development, the need for a time to rest, adjustment and reflection, so that enterprises should use a calm attitude to treatment, will not be too anxious, do not toss about blind not to have too pessimistic, calm cool. Although a separate issue to mention for a long time, but still worth thinking carefully, paying particular attention to: a very competitive domestic market, especially the opening of the furniture market, furniture stores in some chains have expressed a strong intention to expand, this time is a peak period. After all, consumption of the domestic market is limited, here called for the domestic furniture market will not open too much, the market now to do a good job, so the value of the largest is the most important.

furniture Association of Guangdong Province Wang, executive vice president --

From the export figures, exports of furniture, or in reducing the overall situation, as the entire international economic uncertainty, it should be said that this situation is closer to our expected range. In fact the first quarter of last year's export growth is negative, the traditional first quarter due to some uncertain factors determine the direction of the market, that is, uncertainty. For example, this year, as the Spring Festival holiday, as well as by a number of financial crisis, companies with nearly a month there is no production, so January and February export figures were big drop is normal. The beginning of March exports growth is obvious, in addition to the first two months of product orders down, but also shows in the international financial environment, China's furniture export still has a strong competitive edge. Because the international market, while the total decline, but still do business, as some importers, including international buyers, they have to survive, to operations, in which case, they are more inclined to purchase meet their requirements, the price more competitive products. This is to see a trend in the future.

Since then the export of furniture will gradually pick up, a few from the Guangdong furniture, furniture Fair in Guangzhou in particular, the number of foreign investors in fact, has not been reduced, more optimistic about the international buyers purchasing products in China, in March after the show orders will continue to increase, so the second quarter, exports of furniture should be expected that there will be a good pick up.

The international market has a basic consumption, the consumer products from China that they constitute a procurement, or procurement from other countries, it depends on the Chinese products can meet their procurement requirements, it is very important. After years of development, China's furniture exports as the world's largest lay a universal product market, so I think we should have a certain degree of competitiveness, and quality is also in line with international market demands. Our association is to encourage enterprises in the technological progress, technological capabilities, such as concentrated efforts on innovative design with their own furniture products to meet the market, rather than passively to please the market.