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Yiwu Small Commodity trade in the Middle East rise and fall record

Source: Yiwu sourcing agent    Author:       Date: 2009-12-18

Zhejiang Yiwu Small Commodity trade access to the world. However, Dubai, the sudden crisis strikes, or to allow this local population more than 70 million people "trade city", suddenly a tight nerves.

    
"From the beginning of this year, we feel there are problems in Dubai, Dubai, significantly reduced demand for goods" made in Yiwu trade Moffa grams of Syrian businessman told the writer that "Last year every month destined for Dubai, the company's containers are 6 to 9 , whereas consecutive year, six months before it made a three containers. operating costs have been living beyond their means, if the business does not improve this month, at the end of the closure of companies and stores in Dubai. "

    
Moffa g owns a trading company in Yiwu, while he was still in Dubai, Syria and Saudi Arabia each opened a trading company and store, care by relatives, and he was under which changes in market demand in several countries at any time in Yiwu market purchases shipped, "refrigerator, leather products, toys and other commodities are purchasing, what is required to sell anything over there."

    
Last year, the financial crisis, the Yiwu commodity export Europe and the United States case of cold products sold in the Middle East began to increase, Moffa grams of several companies and store profit. This year, Syria and Saudi Arabia's trade is still growth, but the company faces going out of business in Dubai.

    
Moffa grams a friend in Dubai last year, opened stores this year, has been closed. "Dubai, the reduction of foreign businessmen," he said, the local suspended many projects, many companies are downsizing, especially the building materials business, real estate-related companies.

    
One side is sea water, while the flame.

    
Yiwu "break in Dubai," the first person to Oriental Star Holdings Group chairman Tong Changmao has told the author: "Now Dubai traders, business, or follow the advice and the opportunity is still good." Tong Changmao respect, Dubai, the debt crisis for small commodities trade in Dubai engaged in , transfer of Hong Kong trade, direct trade has little impact on the trade sector, while the decline in rental shops and houses were also lower trade costs are conducive to cloth points.

    
Dubai Chamber of Commerce recently released statistics show that China has been four years in Dubai, the largest country of origin of goods. In 2008, Dubai trade with China amounted to 98.8 billion dirhams (about 26.9 billion U.S. dollars).

   
The Yiwu Small Commodity Market in the Middle East 24 countries have trade, which was once the United Arab Emirates in 2008 to replace the U.S. as the largest small commodities, Yiwu exporter. Yiwu Foreign Trade Bureau, according to data, in 2008, Yiwu export of self-UAE exports about 1.5 million U.S. dollars from January to October this year, 1.3 billion dollars. At present, Yiwu, United Arab Emirates businessmen in Dubai has over 2,000 people.

    
In Yiwu, the Middle East businessmen are also increasing every year. According to statistics, every year Yiwu has more than 20 million people of foreign and resident population of a thousand people, including more than 5,000 permanent foreign investors from the Middle East. The Middle East representative office based in Yiwu has more than 800 from the United Arab Emirates and Iraq, the maximum.



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