Exports of Fiber Glass from Shandong Port decline by 40% in Jan.

According to China Customs Statistics Information (

As an important material for building, auto and yacht industries, fiber glass demand is closed related to the global economy trend. Under the global financial crisis, China fiber glass companies have undergone in an obvious reduction in receiving export orders and the sliding export price.

Therefore, we suggest exploring new markets and enlarging sales territories. Although exports from Shandong Port to developed countries and regions decline, it greatly increases in new markets, such as in Qatar, India and Iran. It is also prospective to increase export volume by exploring new market.