Suzhou Textile Exports Increased By 13.8% A Month

Suzhou customs statistics show that in January, Suzhou exported textile garments and accessories 520 million US dollars, an increase of 13.8% over the same period last year, and ushered in a good start.

The change in the mechanism of import and export of Chinese textiles in Europe and the United States has become an important factor affecting exports.

From the statistics, we can see that in January, the export trade mode of textile and clothing accessories in Suzhou was dominated by general trade, and the growth rate was relatively large. The total export volume was 400 million US dollars, an increase of 15.9%.

In contrast, processing trade exports grew by a small margin of 6.5%.

In the export enterprises, the growth rate of private enterprises' exports is the largest, reaching 31.2%, far higher than that of foreign investment enterprises and state-owned enterprises.

From the point of view of export volume, foreign-invested enterprises accounted for 210 million dollars of textile garments and accessories in January, occupying half of the country.

From the export market, Suzhou's exports of textiles and clothing and accessories are mainly exported to the European Union, the United States and Japan.

These three markets account for 82.8% of the total value of exports.

In January, the actual working day was only 17 days, which had a greater impact on import and export value. However, the export of textile and clothing to Europe and the United States has maintained a rapid growth. The main reason is that the state has increased the export tax rebate policy for textile and clothing, and the two is the EU's "Bilateral Surveillance System" for Chinese textiles, which ended at the end of 2008. Three, the US quota on Chinese textiles expired at the end of 2008.

Experts point out that the change in the import and export of Chinese textiles in Europe and the United States does not mean that other trade defensive measures will not be adopted in the future.

If the EU may adopt trade defense compensation measures against dumping or subsidized products from third countries, the tariff will increase.

The United States is also likely to use some trade remedy tools to impose tariffs or impose quotas on some Chinese products.

Experts suggest that enterprises should rationally grasp the export rhythm, avoid blindly taking orders, and pay attention to the stability of the number of orders.

In addition, we should increase the design of independent brands, diversify the market and reduce the concentration of exports.

Editor in chief: Xu Qiyun