The Cost Is Rising By &Nbsp, And Chinese Textile Enterprises Are Making Orders To Vietnam And Other Places.

January is a good start, China.

According to data from the 14 General Administration of customs, exports of traditional commodities increased well, including clothing exports of US $13 billion 380 million, an increase of 33.6%, and textile exports of US $8 billion 240 million, an increase of 47.5%.

This is obviously higher than last year's increase in China's textile and clothing exports by 23.6%.

Bao Songjin, general manager of Ningbo Tian Hui Textile Co., Ltd., yesterday, said that the textile products exported in January were basically the orders received last year. Some of them were originally exported in February, and they also concentrated on shipping before the Spring Festival.

Therefore, a substantial increase in export volume this month does not mean that the pressure on enterprises is decreasing.

At present, the cost of cotton yarn, labor and so on continues to rise, and it is also facing "recruitment difficulties". This year's product quotation has been raised by 20%~30%, and a few customers have pferred orders to Bangladesh, Vietnam and Eastern Europe and other countries and regions. Most of the customers are still on the sidelines. The export orders in the coming months are not yet able to be judged, and the situation is not optimistic.

Many textile and garment enterprises have expressed concern about the impact of many factors such as recruitment difficulties after the Spring Festival, rising prices of raw materials, and appreciation of the renminbi. Many orders have been preempted for export so as to facilitate the settlement of foreign exchange as early as possible.

Wang Yisheng, director of Lotte clothing company, also said that the clothes have been basically exported this spring, and now they have made summer clothes.

The cost is rising and some customers are unable to accept it. The greater the cost pressure, the greater the cost.

"At present, the export orders have been reduced by 10%~20%, and some of our customers in Hongkong, Taiwan and Korea have begun to pfer some orders. Because of the gradual loss of cost advantage in the mainland, these customers began to choose lower cost places. Some of the middle and low order orders were pferred to South East Asia, and high-end clothing could be purchased from Europe and the United States.

The appreciation of the renminbi has made our export business more and more difficult.

Wang Yisheng said.

The renminbi appreciates against the US dollar, while some countries depreciate against the US dollar.

According to voice of china CNR news, the Central Bank of Vietnam has taken three devaluation measures in the past 14 months. In February 11th this year, the Dong shield depreciated against the US dollar by 9.3%.

The extent of the depreciation is higher than expected, to a certain extent, triggering worries of neighboring countries.

A survey of 385 international buyers released last month by media company global resources revealed that most buyers surveyed said they needed to pay higher prices for Chinese products, while 31% of respondents said they would increase purchases from Vietnam.

The survey also shows that Chinese textile exporters have already felt that orders are shifting. One of the reasons is that Vietnam's price is 30% cheaper than China's.

The first textile network senior analyst Wang Qian, who interviewed the newspaper yesterday, said that the depreciation of the Vietnamese shield against the US dollar must have an impact on the export of Chinese textiles. From the end of last year, a small number of middle and low order orders went to Vietnam and other countries, but the impact on the overall export of Chinese textile and clothing was limited, because the competitiveness of China's textile and garment industry in the whole world is very obvious, and it will not lose competitiveness immediately because of the rising cost. The export of Chinese textile and clothing is still at an upward stage. At present, no country or region can replace the status of China's textile industry, nor can there be large-scale orders pfer. The textile processing capacity of Southeast Asian countries is still limited, for example, last year, China's textile and garment exports exceeded 200 billion dollars, while Vietnam had only about 10000000000 dollars, and there was still a big gap.

However, the industry also said that Chinese textile and garment enterprises should pay enough attention to this shift, otherwise, in time, after the technology and matching of Southeast Asia and Bangladesh and other Southeast Asian areas are perfect, it will pose a real threat to China's textile and garment industry.

Wang Qian also said that the export data of Chinese textiles in January and February are not stable, either increasing or decreasing. It is not yet possible to see the trend of the whole year. It is estimated that the cost of raw materials and labor will continue to rise, and the cost of industry is still very high this year.

What makes enterprises more anxious is that even though wages are rising and rising, many textile and garment enterprises are still not recruiting enough people.

Zhou Xiaonan, deputy general manager of Huamei wire Co., Ltd. yesterday told reporters that the average monthly salary of the company has been raised to 2500~3000 yuan, but the worker is still short of 20% after the Spring Festival.

The company is likely to continue to raise its product prices in the light of market prices, due to rising costs and the 50% increase in prices last year.