The Number Of Garments Exported To Zhongshan Has Dropped Dramatically By 50%, Three Reasons.

The reporter learned from the Zhongshan inspection and quarantine bureau that before May this year, 8 million 90 thousand pieces of clothing exported to Guangdong from Zhongshan were worth 81 million 712 thousand dollars.

Compared with the same period last year, the volume and value of goods decreased significantly, of which the number of exports decreased by 50%, and the value of goods fell by more than 30%.

According to the analysis, the reason why Zhongshan has lost 50% of US textile exports this year is mainly due to the slowdown in the US economic growth and the decline in market demand. The two reason is that because of the appreciation of the RMB against the US dollar, the reduction of export tax rebates, the increase in raw material prices, and the rise in labor costs and other factors, the export speed of Chinese textile and garment export enterprises to the US has slowed down this year. Three, the US buyers have begun to adjust the market strategy, and India, Vietnam and other countries have become their new purchasing places.

Due to the appreciation of the renminbi and the special safeguard restrictions in Europe and America, the outflow of orders to India, Vietnam and other countries is irreversible. However, the outflow of orders still remain in products with simple procedures and low added value. The demand for higher order and complicated process of production orders is still small. It is urgent for domestic textile exporters to locate their products as soon as possible, increase the intensity of product structure adjustment, give full play to their advantages, adopt advanced production technology, technology and equipment, and persist in winning the market by quality, and further deepen market development.