Empirical Study on Import and Export Commodity in Guangdong Province

This issue used Event Study to analysis the impact of RMB premium to the export and import in Guangdong Province, on the basis of this method between the same exchange rate and the import and export of commodities to explore the relationship between the exchange rate. Empirical result shows that the nominal exchange rate and the real exchange rate movements on our trade within relatively large impact, the real effective exchange rate appreciation will be able to trade and impact. At the same time, because the change in the volume of import and export of relevant factor is not high, our import and export trade is not high sensitivity to exchange rate movements, there are other factors affecting import and export trade changes.