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Some ASEAN Countries Have Gradually Occupied The Share Of China'S Textile And Apparel Market.

2010/8/28 15:52:00 58

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Reporter

Yesterday, we learned from the Shandong Provincial Department of commerce that in the 1-7 month of this year, Shandong exported 2 billion 300 million US dollars to Japanese textile and clothing, an increase of 4.2% over the same period last year, an increase of 12.9 percentage points lower than the average export growth in Japan.

Among them, exports of textiles amounted to 600 million US dollars, an increase of 13.9%, and clothing exports of US $1 billion 700 million, an increase of 1.1%.

According to the analysis of the relevant departments of the foreign trade department of the Provincial Department of Commerce, it is believed that Shandong's textile and garment export environment is tightening in the next 5 months, due to the continuous rise in domestic cotton prices and the low cost competition among ASEAN countries.

It is understood that in recent years, some ASEAN countries such as Vietnam and Thailand are gradually occupying China.

Japan

The market share of textile and clothing low-end products.

At present, some ASEAN countries such as Kampuchea, Bangladesh and Thailand are competing fiercely with China's low-end textile and apparel market in Japan.

Vietnam has made use of the EPA agreement signed with Japan (from Vietnam and other ASEAN countries) to Japan's exports.

Zero tariff

Treatment) has increased the price competitiveness. Vietnam's textile and clothing exports to Japan increased by 23% in the first 7 months of this year.

On the other hand, domestic cotton prices have been rising since the end of last year. In July, domestic cotton prices were close to the highest level in 15 years.

The profit space of enterprises is further compressed.

Shandong Provincial Textile and garment enterprises should try to "go out" in the face of high cotton prices and low cost competition in other countries, such as Shandong Ruyi group successfully acquired the Japanese clothing giant prestige company this year, and entered the Japanese market with its sound sales channels and mature brands.