Home >

Jiangxi Export Enterprises Encounter "Yang Lao Lai"

2010/8/4 17:16:00 52

Export Enterprises

In the first half of this year, our province

Exit

There is a huge growth trend, but the risk of export enterprises is also increasing. In August 3rd, China's insurance company released information. In the first half of this year, our province's export enterprises reported 19 cases of losses, showing a sharp increase, mainly reflected in the "foreign Lai Lai" encountered more.


At the end of last year, 3 provinces in our province, including the Provincial Textile Group.

Clothing enterprise

At the same time, receiving orders from the same customer in Greece, 3 enterprises exported garments products to the customer in accordance with the contract.

The goods were issued according to the contract, but the money that was originally received should have been lost for now. Even the customers can't play the game of hide and seek.

After investigation, we found that the original customers were seriously affected by the Greek sovereign debt crisis, which means that the 3 companies will face more than 300 thousand US dollars losses.

Luckily, these enterprises have insured export credit insurance before they export products, and can also get the compensation from China's credit insurance company.


EU countries are the main export markets of our province. However, the "old Lai Lai" that our province encountered this year is mostly in the European Union.

The head of China's credit insurance company said that in the first half of this year, 19 cases of reported losses were reported by export enterprises in our province. From the perspective of the country, the cases involving exporting to European countries increased rapidly, especially in the case of the Greek sovereign debt crisis, which led to an obvious increase in export risk cases to the country.

The main reason is that this year, the sovereign debt crisis has greatly restricted the consumption and investment of EU countries, and also made the financial payment ability of these countries significantly reduced.

From the distribution of "victimization" industry in our province, the export of textile, clothing, medicine and hi-tech industries, etc.

Credit risks

Relatively concentrated.


It is understood that the risk faced by our province's export enterprises mainly comes from two aspects, one is the loss caused by the breach of contract and the rejection of goods, and the two is the arrears of payment.

Fortunately, many enterprises have realized the risks faced by export, and have insured the export credit insurance to defend themselves. According to statistics, our export credit insurance totaled 540 million US dollars in the first half of this year, up 371% compared to the same period last year, which means that in the first half of this year, our province exported US $10 of products, and 1 US dollars purchased the export credit insurance to avoid possible risks.

  • Related reading

Swimsuit Market High And Low: Popular Brand Cold

Industrial Cluster
|
2010/8/4 17:15:00
68

Yancheng Major Clothing Brand Shops Discount Activities In Hot

Industrial Cluster
|
2010/8/4 17:13:00
70

Anhui White Horse Clothing City Economic And Trade Fair Rongcheng County Kicked Off

Industrial Cluster
|
2010/8/4 17:11:00
66

Anta Works Together With Kong Linghui, Shandong Hope Primary School.

Industrial Cluster
|
2010/8/3 17:14:00
53

Wuchang Hubuxiang Stores Sell Foreign Junk Clothes At Low Prices

Industrial Cluster
|
2010/8/3 17:12:00
25
Read the next article

Macao'S Exports Of Textiles And Garments Amounted To $770 Million In June.

According to the statistics and Census Bureau of Macao, the total value of goods exported to Macao in June 2010 was 600 million yuan (Macao yuan, the same below), which was 3.7% lower than the same period in 2009.