Shandong's Textile And Apparel Export Situation To Japan Is Not Optimistic.

　　 Reporters learned from the Shandong Provincial Department of Commerce, 1-7 months, the whole province to Japan Textile and clothing Exports of US $2 billion 300 million, an increase of 12.9 percentage points lower than the average daily export growth. In this regard, the Shandong provincial chamber of Commerce pointed out that Shandong's textile and apparel export situation to Japan is not optimistic.

According to the commerce department data, 1-7 months, the province exported 2 billion 300 million 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 daily export growth. 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%.

In this regard, Shandong Commerce Department said that the next five months, Shandong textile exports to Japan is not optimistic about the situation, mainly because of the following three reasons: first, tight supply of cotton, prices rose rapidly.

　　 Cotton price Since the end of last year, it has been on the rise, rising 37% in the first half of this year, and domestic cotton prices are approaching the highest level in 15 years. From the current situation, due to domestic cotton With the reduction of planting area and the decline of international cotton stocks, coupled with the imbalance between supply and demand of domestic market demand, the tight supply and demand situation of cotton is difficult to change this year. High cotton prices will drive the price of raw materials such as cotton yarn and cotton cloth to rise further. Shandong textile enterprises are facing greater cost pressures and the profit margins of enterprises are further compressed. Two, Japan's tariff reduction to China will reduce my competitiveness in textile and clothing exports to Japan. Japanese officials are preparing to revise the preferential tariff system for importing products from developing countries and reduce the margin of preference. Japan's preferential tariff is 5 billion 500 million yen, of which about 20% is used by our country. The tariff increase will further enhance the export price of Japanese textile and clothing and reduce the competitiveness of our products in the Japanese market. Three, some ASEAN countries rely on low cost advantage to occupy my market share of Japanese textile and apparel low-end products. At present, some ASEAN countries such as Kampuchea, Bangladesh and Thailand have been competing fiercely with the low end market of Japanese textile and apparel with low cost advantage. Vietnam has used Japan's EPA agreement (from Vietnam and other ASEAN countries to export Japanese clothing to enjoy zero tariff treatment) to enhance its price competitiveness. In the first 7 months of this year, Vietnam's textile and clothing exports to Japan increased by 23%.