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Transformation Of Clothing Made In China: Overseas Procurement Pfer

2011/10/25 13:52:00 19

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Garment Pformation Overseas Procurement Pfer

China is on the market.

reduce

For other countries, it is very big.

welfare

Some countries in Vietnam and the western hemisphere have benefited a lot from it.

In the past 12 months, China's clothing imports in the US market

The decrease was 40.8%, while the export volume of Philippines, Indonesia and other countries increased evidently.

KevinBurke, the director of the American clothing and Footwear Association, says he has touched a lot of business from the Western Hemisphere, especially those who have signed free trade agreements, such as Honduras and the Republic of Dominica.

Burke says companies like VFCorp, Hanesbrands, LeviStrauss&Co. and other companies are beginning to seek new sourcing channels in these countries.

RickHelfenbein, President of LuenThaiUSA, said he still thought China would be the biggest garment producer, but his company had already started buying clothes from other countries.

According to statistics from the customs and Excise Department of Vietnam, Vietnam exported $6 billion 260 million in the first 6 months of 2011, up 29.77% from the same period last year, accounting for the first 6 months of Vietnam's exports.

Total sum

14.54% of the total exports of textiles in June amounted to US $1 billion 320 million, up 33.71% from the same period last year.

In the first 6 months of Vietnam, textiles were mainly exported to the United States ($3 billion 180 million) and Japan ($712 million 490 thousand), up 15.61% and 48.03% respectively over the same period last year.

Vietnam's exports of textiles amounted to more than $100 million in the first 6 months, including South Korea ($314 million 820 thousand), Germany (277 million 620 thousand dollars), Britain ($276 million 100 thousand), Spain ($178 million 260 thousand), Canada (120 million 360 thousand dollars) and Holland (161 million 200 thousand dollars).

According to Vietnamese media reports, Vietnamese textile, clothing, footwear and leather bag enterprises have been receiving new export orders this year, and the number is increasing. Their orders are mainly from China to Vietnam.

The chairman of the Vietnam Footwear Association believes that the cost of production in China is relatively high. On the other hand, the labor efficiency of Vietnam has been greatly improved. The handicraft of workers has certain advantages compared with Indonesia, India, Malaysia and Bangladesh. In addition, famous brands such as Adidas and Nike are being produced in various countries. Therefore, the production of many brands has shifted from China to Vietnam and other countries.

He believes that if Vietnamese enterprises can make full use of this opportunity, at the right price and provide stable source of supply, this will be a development opportunity for Vietnamese enterprises.

India hopes to take 10% of its clothing export business from China.

As the second largest industry to create jobs in India, India's clothing industry now provides employment opportunities for some 7 million Indians. The growth of exports is good news for India's economy.

In February 2011, India's clothing exports increased by 24% over the same period last year, and exports increased by 18% in January.

Encouraged by the remarkable growth in exports, federal textiles minister Rita meon recently said that in the current financial year, the textile export target has increased to about $30 billion, compared with $25 billion last year.

Due to the growth of exports, the government of India believes that India has the potential to increase the share of textiles and clothing in India from world trade to 8% in 2020, to 80 billion US dollars in 2020.

According to reports, India has the largest number of looms in the world. India has 1 million 800 thousand looms (45% of the world's total) and 200000 shuttleless looms (3% of the world's total).

The number of spindles in India is the second largest in the world, accounting for 23% of the world's total.

PremalUdani, chairman of the garment export promotion association (AEPC), said the US market had a good demand for India products, and the United States accounted for 40% of India's clothing exports.

European market demand is also improving.

If India can grab 10% of its business from China, India's clothing exports will double in the next few years.

In fact, from May 2010 to May 2011, the United States increased imports of textiles from Central American countries by 17%, of which Salvatore increased 27% to us textile exports during the period (about US $1 billion 200 million).

According to the statistical report issued by the Peru customs and Taxation Administration (SUNAT), in July, the export volume of textiles in Peru increased by 21.9% over the same period last year, and the cumulative export volume in 1-7 increased by 25% over the same period last year.