Both the number of buyers and the turnover of this year's Canton Fair have both declined, with a decrease of about 10%. This is the first time since the outbreak of the SARS epidemic in 2003 and the outbreak of the financial crisis in 2008 that the Canton Fair has seen a significant decline in the number of purchasers and export transactions.
The current Canton Fair was held under the severe situation that the deep-seated impact of the international financial crisis continued to manifest, the European sovereign debt crisis continued to ferment, the recovery of the world economy significantly slowed down, the international market demand declined, and trade protectionism was intensified.
Statistics show that affected by the global financial crisis, the European debt crisis and the Sino-Japanese Diaoyu Islands dispute, the decline in export turnover at this session of the Canton Fair mainly occurred in traditional markets such as Europe, the United States and Japan. The country with the largest decline was Japan, with a decline of 36.6%. However, there are also cases of rising against the trend. For example, the export turnover to Australia has shown a slight growth trend, of which the turnover of daily necessities such as food and medicine has increased by 26.9%. At the same time, Chinese brand companies also performed well. These data are sufficient to show that the world still has confidence in Chinese products.
Year of establishment: Spring 1957
Exhibition period: twice a year
Time: 112th Canton Fair (Phase 1: October 15-19, 2012) (Phase 2: October 23-27, 2012) (Phase 3: October 31-11, 2012 4th)
Duration: Five days each
Exhibition location: China Import and Export Fair Complex (No. 380 Yuejiang Middle Road, Haizhu District, Guangzhou)
Total exhibition area: 1.16 million square meters
Total number of booths: 59509
Turnover: US$32.68 billion
Attending overseas buyers: 188145
Number of exhibitors: 24840