China'S Industrial Sewing Machine Export Market Looks "Beautiful".
Although the export situation of industrial sewing machines is gratifying, the industry experts are not worried. According to another data from Nanjing customs, the import volume of 5369 sewing machines in Jiangsu Province in the first two months of this year is only 31.6% of the same period, but the import volume is 5 million 934 thousand US dollars, which is 3 times the same period of export volume. According to the insiders, the total annual output of sewing machines in the world is 16 million, with an annual trade volume of about 7 billion dollars, while the annual output of sewing machines in China accounts for nearly 45% of the world's total output. Export volume But it accounts for less than 5% of the world's total trade volume.
The export market of China's industrial sewing machine really looks very beautiful. Expert analysis, on the one hand, is because China's sewing machine export products are mainly low-end, high-end high-end products are less involved; on the other hand, domestic manufacturers are more, export competition is fierce, and the quality and technical content of export products can not be fully guaranteed, which limits the further improvement of China's sewing equipment exports. With the price of raw materials rising, the profit margins of medium and low grade sewing machines, which are low in technical content and low in added value, will be even smaller. Enterprises will be at a disadvantage in competition and directly threaten their own development.
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