Source: Yiwu sourcing agent Author: Gary Date: 2008-11-17
According to the statistics from the customs,export of Yiwu commodities to Russia and Brazil in the first three quarters of this year increased dramatically by 25.1% and 59.7% respectively compared with the same period of last year.
Related statistics say that the volume of export to Russia in the first three quarters reached US$87.87 million,an increase of 25.1% compared with the same period of last year. The increasing rate is 32.5% higher than the same period of last year. The volume of export to Brazil reached US$43.21 million,an increase of 59.7% compared with the same period of last year. The increasing rate is 36.1% higher than the same period of last year. In general,there is an increase of 14% for the export of Yiwu commodities in the first three quarters.
After the toys crisis and US subprime mortgage crisis broke out,many Yiwu enterprises managed to explore new markets in Russia and Brazil which actually enlarged the export instead of decreasing it.
Yiwu Sote Electronic Toys Co.,Ltd,a comprehensive enterprise engaging in the design,manufacturing and trade of electronic toys and gift items,started to study Russian market last year and developed a series of new products which met the requirements of Russian people. At the same time,they adopted Russian language instead of English for packing and instructions. All the efforts result in the present situation that 50% of their products are exported to Russia.
According to the statistics from the customs,export to Russia is mainly the general trade including commodities like shirts,socks,cans,zippers,blankets and toys.The top five enterprises that export to Brazil are respectively Zhejiang Weihai Zipper Co.,Ltd,Yiwu Sunnytad Toys & Crafts Co.,Ltd,Zhejiang Yiwu China Commodity City Group Trading Co.,Ltd,Zhejiang Changhang Imp & Exp Company,and Yiwu Tianhong Lace Co.,Ltd.The main products exported are zippers,toys,laces,artificial flowers and fruits,cases and bags,Christmas gifts,etc.
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