Guangdong Instrument Exports Are Positive for the First Time in the Year

Although the export situation is still severe, as an important instrument for Guangdong's electromechanical products, its exports for the first time in July achieved positive growth during the year. In contrast, the export of instrumentation in Guangdong Province showed a trend of tough growth. In July, the province's instrument exports reached US$1.077 billion, an increase of 5.5%, which was the first positive increase in the year. Exports of electrical appliances and electronic products also performed well. When they achieved export value of 11.948 billion U.S. dollars, a year-on-year decrease of 8.6%, the decrease rate was narrowed by 8.7 percentage points.
Statistics show that among other major commodities in Guangdong, exports of automatic data processing equipment and its components decreased by 18.9% in July, clothing and clothing accessories decreased by 14.3%, footwear declined by 12.1%, furniture fell by 8.8%, textile yarn fabrics and products. Declined by 7.7%.

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