August Textile And Clothing Export Value Fell Sharply
Shaoxing Customs released data show that since April of this year, Shaoxing City
Textile and clothing
The value of exports rose 4 months in a row, reaching the highest level since January 2009, but in August, the export value dropped sharply, and exported 1 billion 340 million US dollars in the same month, down 8.6% from July.
According to Shaoxing customs statistics, from 1 to August this year,
Shaoxing
Textile and garment exports of the city amounted to US $9 billion 60 million, an increase of 35.8% over the same period last year.
Among them, export textiles amounted to 6 billion 700 million US dollars, an increase of 38.2%, and export garments and accessories 2 billion 360 million US dollars, an increase of 29.3%.
From the point of view of export destinations, the European Union, the United States and ASEAN are still the main market of textile and clothing products in our city.
It is noteworthy that the export growth of general textile and clothing trade in our city is much higher than that of processing trade.
The export growth of Shaoxing's clothing and textiles has benefited from the obvious recovery of the external demand market.
According to past data, July is the peak of export in that year, so seasonal factors are one of the important reasons for the sharp decline of exports in August.
Shaoxing
Customs analysis also pointed out that in August this year, the export value fell significantly, and the price of raw materials continued to rise is also a major reason.
In addition, the rising competitiveness of textiles in neighboring countries and trade protectionism have also led to the loss of orders in the near future.
Shaoxing customs reminds us that we should pay close attention to the trade warning information issued by relevant departments and avoid risks in time.
We should speed up industrial integration and innovation, realize the pformation and upgrading of the textile and garment industry and enterprises themselves, and actively implement the strategy of going out, and establish a marketing network to the emerging market, so as to improve profitability.
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