According to Guangzhou Customs statistics, in 2011, Guangdong exported furniture and its parts (hereinafter referred to as "furniture") 14.93 billion US dollars, an increase of 10.4% over the previous year (the same below). And in December hit a record high. In 2011, the seasonal characteristics of the monthly export value of Guangdong furniture were very obvious. Except for February, the export scale of other furniture increased in different degrees. The increase in January, March and April exceeded 30%, and the increase in other months. Both are below 10%. Exports in the month of December reached US$1.54 billion, up 8.7% year-on-year and 6.1% quarter-on-quarter, a record high.
Exports by general trade were the mainstay, while exports of processing trade declined slightly. In 2011, Guangdong exported 11.81 billion US dollars of furniture in the form of general trade, an increase of 15.6%, accounting for 79.1% of the total value of Guangdong furniture exports during the same period. In the same year, exports of processing trade reached 2.81 billion US dollars, down 8.2%, accounting for 18.8%.
The export of private enterprises has grown rapidly, accounting for half of the country. In 2011, Guangdong private enterprises exported 7.87 billion US dollars of furniture, an increase of 18.2%, accounting for 52.7% of the total value of Guangdong furniture exports during the same period. In the same year, foreign-invested enterprises exported US$5.57 billion, up 2.2%, accounting for 37.3%; state-owned enterprises exported US$1.17 billion, up 4.1%, accounting for 7.8%.
Guangdong furniture exports can still maintain growth in the harsh international market environment. The main reason is that the European and American market economy and consumption conditions have improved, which has led to a sharp rebound in Guangdong furniture exports at the end of the year. Customs statistics show that in 2011, Guangdong’s exports of furniture to the United States experienced a decline of six consecutive months, and it stopped falling in November and increased by 13.5% in December. At the same time, exports to the EU in December also rose and increased. 14.7%. It has made great contributions to the improvement of the export of the two traditional markets to the acceleration of the overall growth rate.
In addition, the China-ASEAN Free Trade Zone has become a force for the export of furniture. After the formulation of the China-ASEAN Comprehensive Economic Cooperation Framework Agreement in 2010, the China-ASEAN Free Trade Area was fully launched and began to enter the era of zero tariffs. The zero-tariff concessions of the "China-ASEAN Free Trade Area" and the series of convenient policies provided by the Free Trade Zone have greatly reduced the export cost of China's furniture. At the same time, due to its convenient shipping conditions and trade restrictions on export furniture products. Less, it has become a new force to promote the substantial growth of Guangdong furniture exports. In addition to February, Guangdong’s exports of furniture to ASEAN have basically maintained an increase of more than 30%.
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