The Impact Of RMB Exchange Rate Change On Hunan Agricultural Product Export Trade

In the level of the increase in agricultural development in hunan province has been leading in the country, Since the reform and opening up, agricultural product trade rapid developing in hunan province, the export trade of hunan province, the agricultural products trade as an important part,It not only speeds up the hunan region’s economic growth, make life or production materials to meet, the more important is that resulted in the increase of farmers’ income is more stable.Factors that affect agricultural products trade deficit with China ups and downs, however, with the development of the time, also has a more subtle changes, one of the most important factor is the exchange rate, trade of agricultural products in hunan province is in a certain extent, affected by the fluctuation of RMB exchange rate. Through import and export quantity, export earnings, prices for agricultural products, such as changes in the way, the RMB exchange rate affected agricultural trade balance, and competitiveness of the hunan agricultural commodities in the world is relatively weak, so the leverage of exchange rate is extremely obvious in international trade. Generally, agricultural trade in the case of continued appreciation in the yuan, the export will be reduced, and imports will increase, and agricultural products, domestic supply and demand will be affected by the change of agricultural production scale and the price also will be affected accordingly.Conducted the research on hunan agricultural product export, this paper uses empirical and theoretical analysis of the hunan agricultural product export trade what is affected by currency movements, according to calculations, exports of agricultural products in hunan province is obviously affected by the current exchange rate. Conducted the research on hunan agricultural product export, this paper USES empirical and theoretical analysis of the hunan agricultural product export trade what is affected by currency movements, according to calculations, exports of agricultural products in hunan province is obviously affected by the current exchange rate. The reason is the influence of exchange rate changes with hysteresis, immediately appeared unlikely. Hunan agricultural products is affected by changes in the real exchange rate also has the time lag effect, in this paper, after careful research and analysis, found that the lag issue after joining the real exchange rate, the appreciation of the renminbi significantly inhibited the hunan province’s agricultural exports, but there is no "reverse J curve effect". If, a rising real exchange rate, hunan agricultural products trade deficit with China will be much more enlarged. Finally, the author concluded that the agricultural products trade is given priority to with way of processing trade is affected by the exchange rate changes relatively modest, and mainly in general trade way is obviously affected by the exchange rate; Processing of agricultural products than primary agricultural exports less affected by currency movements.Finally, this article also against exchange rate risk and other issues put forward its own proposals and policy Suggestions, enterprise and government should be to the development of agricultural trade and improve their competitiveness and quality of agricultural products. Enterprise can adjust their own management idea, perfect the brand construction and management model of agricultural products, to improve the added value of products; The government can provide the corresponding to the enterprise welfare and help, let the enterprise’s costs have fallen, the corresponding agricultural management system and pollution-free agricultural products base should also improve and set up as soon as possible.