According to data released by the Exporters' Association of Turkey (TIM), Turkey's export value in October this year fell by 1.5% compared with the same period of last year, and the export volume was about US$12.3 billion, but the export volume (in kilograms) increased compared with the same period last year. 10%.
Turkey’s January-October year was 8.6% lower than the same period last year, with exports totaling US$119.6 billion. In addition, due to a 17.2% decrease in the euro and US dollar, Turkey’s export losses as of October were US$10.6 billion. .
In October, Turkey’s exports were the largest in the automotive industry, with exports reaching US$20.3 billion, followed by the garment industry’s US$1.6 billion and the chemical materials industry’s US$1.3 billion. The main exporting countries were Germany, the United Kingdom, Iraq, Italy and In France and other countries, the trade volume increased by 3.7%, 7.7%, 3.5%, 26.3% and 13.8% respectively compared with the same period of last year.
In addition, Turkey's trade volume to the EU in October increased by 9.5% compared with the same period of last year, but exports to the Middle East, North Africa and the Commonwealth of the Independent States (CIS) fell by 1.5%, 3.7% and 26.9% respectively.
TIM President MehmetBuyukekshi called for the new government to be formed after the November parliamentary elections to promote structural reforms to stimulate the production and export of innovative and value-added products, thereby promoting economic recovery. The channel pointed out that special attention should be paid to the main markets for Turkish exports. , that is, the European Union. The president believes that thanks to the euro's quantitative easing program, the recovery of the EU economy will effectively promote Turkey's exports to the EU.
According to the US tariff reduction route map, after the TPP takes effect, most of the tariffs on footwear imported from Vietnam will be eliminated. The current tariff is 37.5%-40%. Therefore, the elimination of tariffs will promote Vietnam’s footwear exports to the United States, but Vietnam. Still subject to the rules of origin.
In addition to footwear, the tariffs on wood products will also be lowered. At present, the two major destinations for the export of Vietnamese wood products are the United States and Japan.
According to the statistics of the General Administration of Customs of Vietnam, Vietnam’s (2015) annual footwear exports totaled US$8.75 billion, up 17.7% from the same period of the previous year (2014), with the largest number in the United States, amounting to US$3.03 billion. In the same period, it grew by 26.1%, followed by the EU of 2.9 billion US dollars, up 12.9%, and mainland China 542 million US dollars, up 45.4%.
During the same period, the total export value of wood products reached 4.9 billion US dollars, up 9.3% over the same period of last year, including the largest in the United States, reaching 1.91 billion US dollars, up 18.9%, followed by Japan, 733 million US dollars, up 3.8%.
The economic downturn has made the preparations for the Brazilian Carnival more challenging, but this has not hurt the Brazilian carnival enthusiasm, they began to adopt a more economical and creative way to prepare for the carnival drama next February.
According to a report by the Brazilian World Wide Web, the economic downturn, currency devaluation and high inflationary pressures have led to high prices for Brazilian carnival supplies, and there is a shortage of supply. Samba schools have to find ways to reduce the cost of clothing and props, such as increasing the color of the suit but reducing the proportion of high-cost decorations such as feathers.
“The real depreciation of the Real has caused the prices of imported goods, especially those from China, to skyrocket, and many good items have not been seen in the market this year.” The head of the “Green Palace” of the famous Samba school in São Paulo is hot. Freitas complained.
Since the beginning of this year, Brazil’s economy has performed poorly and the currency Real has depreciated by more than 40%. According to data released by the Ministry of Development, Industry and Trade on the 3rd, Brazil’s imports in October fell by 21.1% year-on-year.
Freitas showed some sequin decorations commonly used in carnival costumes. The price of these decorations was three times that of last year due to imports. All well-known Samba schools are reluctant to reduce the quality of clothing, so they have to find ways to reduce the amount of high-priced materials.
Freitas said that a set of clothing used in the parade should have used 30 feathers, and now only 20 can be used, and it is still difficult to find the goods.
Elias Ayub has been doing carnival business for 35 years. He said that the sales of the Brazilian carnival market this year has been reduced by nearly half compared with last year, and many samba schools started to purchase raw materials earlier than before. Due to the high price of imported products, Ayub only sold local goods this year.
The rising cost has forced Samba schools to adopt more creative ways to create carnival clothing. Amarillo de Mello, a staff member of the "Golden Eagle" Samba School in Sao Paulo, said: "In fact, we have encountered difficulties before, but we can tide over the difficulties every time, as long as we fully utilize our imagination, we can always overcome See the bottom of the purse."
"Black Pearl" samba school finance director Marcelo Proroll said that because the price of imported materials is too high or insufficient supply, they have to switch to buying local products. “I believe this will be a carnival that lacks traditional feather decoration but is more creative.”
The United States will lift tariffs on most footwear imported from Vietnam
According to the US tariff reduction route map, after the TPP takes effect, most of the tariffs on footwear imported from Vietnam will be eliminated. The current tariff is 37.5%-40%.
