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1. Main characteristics of Guangdong port furniture exports in the first half of the year
(1) June exports continued the sharp growth trend in May . Since the beginning of this year, the overall scale of furniture exports at Guangdong ports has gradually expanded. In the month of June , the value of furniture exported from Guangdong ports was US $ 2.79 billion, a significant increase of 81.2% , and a decrease of 4.1% from the previous month .
(2) Exports in general trade have grown significantly, accounting for over 80 %. 2012 January to June, Guangdong ports to the general trade export furniture to $ 10.41 billion, a substantial increase of 48%, accounting for 86.6% of Guangdong's total export value over the same period furniture port (the same below) of. In the same period, exports by processing trade amounted to 1.46 billion US dollars, a year-on-year increase of 3.4% , accounting for 12.1% .
(3) Exports are mainly for private enterprises, while export growth of foreign-invested enterprises and state-owned enterprises is weak. 2012 January to June, private enterprises exported 8.12 billion US dollars of furniture, an increase of 62.7%, accounting for 67.6% of the country's total furniture exports in Guangdong ports; foreign-invested enterprises exported 2.98 billion US dollars of furniture, an increase of 9.8%, accounting for 24.8%; state-owned enterprises Exports were US $ 740 million, an increase of 5.5% , accounting for 6.1% .
(4) Mainly exported to the US, EU and ASEAN. Guangdong port exported US $ 3.06 billion in furniture to the US, an increase of 28.6% , exports to the EU reached US $ 2.43 billion, an increase of 47.5% , and exports to ASEAN reached US $ 1.87 billion, an increase of 26.3% . The above three markets together accounted for 61.2% of the total value of Guangdong port furniture exports during the same period .
2. The main reason for the growth of Guangdong port furniture exports in the first half of the year
(1) The good growth momentum of export growth in emerging markets is driving the continued growth of China's furniture market exports. The effect of China's furniture companies on the expansion of emerging markets is obvious. Industry insiders say that since the full launch of the China-ASEAN Free Trade Area, ASEAN has become an important market for furniture exports and is a new growth point for furniture exports. There are no technical and trade barriers in the ASEAN market, and the requirements for furniture standards are not high. Compared with Europe and the United States, its export threshold is lower. Due to geographical proximity, transportation costs are lower. Statistics show that since the first half of the year, Guangdong ports exported 1.87 billion US dollars to ASEAN , an increase of 26.3% . In addition, exports to other emerging markets have also grown rapidly. For example, exports to Latin America were US $ 7.92 billion, an increase of 63.8% , exports to Africa were US $ 6.57 billion, an increase of 1.2 times, and exports to Saudi Arabia and the UAE were US $ 3.8 billion and US $ 3.4 billion, respectively, up 73.8% and 64.8% .
(2) The main export market The U.S. real estate market's recent "little spring" has driven rapid export growth. As a major export market for Chinese furniture, the US May new home sales and second-hand housing contract sales have hit two-year high in April house price index is also the third consecutive month to achieve ring up, the housing market show signs of improvement. American Association of Realtors (NAR) 27 released a report showed US May of second-hand housing contract sales growth of 5.9%, rose to its highest level in two years, an increase of 13.3%. As an important leading indicator, the contracted sales volume of second-hand houses has maintained a high correlation with the sales volume of second-hand houses, and second-hand house sales accounted for 90% of the overall US real estate market . In addition, data released by the US Department of Commerce showed that the sales of new homes in the United States increased by 7.6% in May to 369,000 units annually , a record high in two years. The recent recovery in the US real estate market has expanded its consumer demand for furniture.