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India for the first time to replace Iran into Yiwu the largest export destination country


YIWU TONSEN IMPORT & EXPORT CO., LTD., .,Yiwu carpet, Yiwu trade,Yiwu shipping , Shipping agent,Shipping co.,Yiwu trade, Yiwu air cargo, Shipping,Ship, Yiwu international logistics,Yiwu Trade agent,Yiwu Trading,Trade Agency,yiwu trade agency,Trade co.,Tonsen cargo ,Yiwu tonsen cargo , Yiwu tonsen ,FCL , LCL,Yiwu Cargo,International economic & trade cooperation,Yiwu Fair.
Date£º 2012-5-23
The first quarter of this year, latest figures show that exports of Yiwu Customs India's $ 120 million, an increase of 40.5%; export Iran $ 110 million, down 3.9 percent, India for the first time to replace Iran as Yiwu export destination first, it also means 27 the first Yiwu Iran exports record being rewritten. In March, the Yiwu Commodity exports by Yiwu Customs Iran's $ 23.47 million, basically flat with last year, but the export cargo of 19,000 tons, down 19.8 percent. However, industry experts believe that the rapid depreciation of the Iranian Rial against the U.S. dollar is the culprit. "From the beginning of the year, the sharp depreciation of the Iranian riyal export trade suffer. About 1/3 less compared to the same period last year, the orders of the Iranian buyers." Mr. Hu said that doing business in Yiwu International Trade City Rial and the yuan needs to third-party currency conversion, amplified the pressure on the operation of exchange rate changes. Stringent measures by Europe and the United States the impact of sanctions, Iran, from late January, the country riyal has depreciated about 80 percent of the U.S. dollar against the Riyal's official exchange rate rose from about 11,300 riyals about 21,000 riyals . The U.S. dollar relative Rial sharp appreciation of the trade costs for local buyers huge increase in this case, few people can do to pay the high dollar due yuan payment. "Justice Wuai Fu Import and Export Corporation The person in charge of this year, has suffered several since the case of Iranian merchants in arrears of payment. Therefore, now Iran orders very carefully, and then not connected. From China Credit Export Insurance Corporation Yiwu marketing department learned recently come to the consultation on Iran's export insurance market traders and businesses a large number. We are very concerned about the sharp depreciation of the purchase price risk in Rial. The marketing department is responsible for closed Shiwei, the trade channels, a lot of Yiwu merchants and Iranian buyers are the transit of goods through Dubai to complete the transaction, barter (swap products directly according to the value of the goods in Iran around the open currency exchange rate fluctuations), is rare. In Dubai, in the middle settlement currency is still the main, few Iranian buyers can pay in full the purchase price of RMB exchange rate risk will persist for some time. He suggested that the Yiwu merchants in the orders, it is best to pass Sinosure Yiwu marketing department to query each other's business qualifications and credibility, and then decide whether the orders or insured export insurance, and trade to minimize the risk.


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