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Export of Yiwu commodities to India surges

Source: Yiwu sourcing agent    Author: Gary      Date: 2011-07-11

It was learned from Yiwu Customs on June 29 that the export volume of Yiwu commodities to ASEAN reaches 300 million dollars in the first 5 months, a year-on-year increase of 32.4%. Meanwhile, export to India increases significantly as well.
In contrast, the Southeast Asian market witnessed a sound development of China-ASEAN free trade area. Many enterprises intensify their efforts to explore ASEAN market, which increases the probability that Southeast Asia may become the next important market
for Yiwu commodities. In the first five months of this year, the city's export to ASEAN via its customs accounts for 10 . 5% of the total volume of export in this period by the means of tourism shopping trade. The volume of export to India reaches 170 million dollars, a year-onyear increase of 94 . 7%, which accounts for 5.7% of the total export volume.



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