Home >

In 2014 1-2, Sichuan's Clothing Exports Increased By 2.

2014/3/27 17:55:00 57

SichuanClothingExport Growth

According to the latest statistics released by Chengdu customs, Sichuan exported garments and accessories 2 billion 850 million yuan in 1-2, an increase of 22.2% over the same period last year. In dollar terms, Sichuan exported $470 million in 1-2 months, an increase of 25.7% over the same period last year. In January, the scale of clothing exports in Sichuan was 2 billion 120 million yuan, which was the second highest since December 2009. In February, it exported 730 million yuan, down 29.7% from the same period last year.


It is worth mentioning that, Private enterprise It is the main force of clothing export in Sichuan. In 1-2 months, Sichuan's private enterprises exported 2 billion 760 million yuan of clothing, an increase of 26.8%, accounting for 96.8%. The export of state-owned enterprises was 60 million yuan, a sharp decrease of 52%, accounting for 2.2%.


Chengdu customs office responsible person analysis, 1-2 months Sichuan Clothing export Growth is mainly based on two main reasons: market warming and RMB depreciation. "1 and February, the main export market continues to pick up and demand rises.


According to the latest economic forecast report issued by the European Commission, the EU economy is expected to maintain a slow recovery in 2014, and the economic growth rate of the European Union and the euro area can reach 1.9% and 1.1% respectively. In the same period, the US economy started smoothly, personal consumption continued to grow, and fiscal tightening was reduced. The major economies in Europe and the United States have gradually improved their macro-economy, providing a relatively favorable export environment for China's garment and textile industry.


In addition, the responsible person also said that the devaluation of RMB is good to stimulate clothing exports. Recently, the RMB exchange rate has fallen rapidly. The depreciation of the RMB's current round started in late February, which has brought great benefits to export enterprises.


according to Nantong clothing trade association Investigation and analysis shows that the fluctuation of the RMB exchange rate per 1 percentage points has a 4.5 percentage point impact on the net profit of the industry, while the average net profit level of the current textile and apparel industry is only 2%-5%. If the current exchange rate meets the European and American orders, the currency value change can directly bring the 1%-2% profit growth to the export enterprise.


The head of Chengdu customs office also mentioned that Sichuan's clothing export situation was good in 1-2 months, but it is also necessary to note that Sichuan's garment industry is also facing rapid rise in labor costs, increased pressure on business operations and obvious signs of relocation of some production capacity.


In recent years, Southeast Asia has attracted a large number of clothing orders with cheaper labor costs. With the gradual improvement of these garment industry chains, the share of China's low-end clothing exports will be further eroded. The relative comparative advantage of China and other low factor cost countries, especially Southeast Asian countries, has gradually weakened, and the cross border transfer of production capacity has gradually become a new trend of China's industrial gradient transfer.

  • Related reading

Zibo: Before February This Year, Exports Of Textiles And Clothing Were US $180 Million.

Domestic data
|
2014/3/27 17:53:00
31

China Textile Import And Export Chamber Summarizes Textile And Apparel Trade Situation Throughout The Year

Domestic data
|
2014/3/27 17:16:00
52

Guangdong Exported More Than US $400 Million Last Year.

Domestic data
|
2014/3/25 22:20:00
13

Tianshan Textile Made A Profit Of 26 Million Last Year.

Domestic data
|
2014/3/25 19:45:00
29

2013年化纤原料进口量下降

Domestic data
|
2014/3/25 18:53:00
23
Read the next article

A Brief Analysis Of The Basic Situation Of Textile And Clothing Export In Major Provinces In 2013

In 2013, the total import and export volume of textiles and garments increased by 311 billion 100 million US dollars, an increase of 11.32%. The provinces and cities with relatively large exports accounted for Zhejiang, Guangdong, Jiangsu, Fujian, Shandong and Shanghai. Next, let's take a look at the world's clothing and shoes and hat nets and look at the basic export situation of textile and clothing in 2013.