Under the impact of the international financial tsunami, the Guangdong-Taiwan trade showed its first decline in the past decade in 2008. According to statistics released by Huangpu Customs on the 19th, the total trade value of Guangdong Province to Taiwan last year was 43.8 billion U.S. dollars, a decrease of 1.6 percent over 2007, accounting for the total value of Guangdong’s foreign trade import and export. 6.4 percent.
The Guangdong-Taiwan trade showed a hot and cold trend in the past year. In the first six months of 2008, due to the high international raw material prices and the depreciation of the US dollar, Guangdong-Taiwan trade increased by 11%. However, with the spread of the international financial tsunami in the second half of the year, the monthly trade growth began to decline rapidly. Negative growth began in September, and by December, the decline has reached 34.4%.
It is understood that in the international manufacturing industry chain, Taiwan is in the upper reaches of the mainland, Taiwan-funded enterprises have many factories in Guangdong Province, and most of the production materials are imported from Taiwan Province. Last year, Guangdong’s imports of goods from Taiwan were mainly mechanical and electrical products and raw materials, and the amount of major imported goods all stagnated or declined.
Last year, Guangdong and Taiwan traded more than 4.8 billion U.S. dollars to Taiwan, an increase of 4.2%; imports from Taiwan reached about 3.9 billion U.S. dollars, a decrease of 2.3%.
The statistics of Huangpu Customs also show that the processing trade of Guangdong and Taiwan has turned upside down, and the growth of general trade has shrunk. Last year, Guangdong's import and export of Taiwan's processing trade reached more than 3 billion US dollars, down 3.6 percent; general trade import and export was more than 6.6 billion US dollars, an increase of 5.4 percent, an increase of 12.6 percent. Percentage points.
The Guangdong-Taiwan trade showed a hot and cold trend in the past year. In the first six months of 2008, due to the high international raw material prices and the depreciation of the US dollar, Guangdong-Taiwan trade increased by 11%. However, with the spread of the international financial tsunami in the second half of the year, the monthly trade growth began to decline rapidly. Negative growth began in September, and by December, the decline has reached 34.4%.
It is understood that in the international manufacturing industry chain, Taiwan is in the upper reaches of the mainland, Taiwan-funded enterprises have many factories in Guangdong Province, and most of the production materials are imported from Taiwan Province. Last year, Guangdong’s imports of goods from Taiwan were mainly mechanical and electrical products and raw materials, and the amount of major imported goods all stagnated or declined.
Last year, Guangdong and Taiwan traded more than 4.8 billion U.S. dollars to Taiwan, an increase of 4.2%; imports from Taiwan reached about 3.9 billion U.S. dollars, a decrease of 2.3%.
The statistics of Huangpu Customs also show that the processing trade of Guangdong and Taiwan has turned upside down, and the growth of general trade has shrunk. Last year, Guangdong's import and export of Taiwan's processing trade reached more than 3 billion US dollars, down 3.6 percent; general trade import and export was more than 6.6 billion US dollars, an increase of 5.4 percent, an increase of 12.6 percent. Percentage points.
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