Southeast Asia Exports Clothing Exports From Mainland China With Lower Labor Costs
Under the impact of the debt crisis in the US and Europe, the economic development prospects of various countries are uncertain. India and Southeast Asian countries are from mainland China with labor costs lower than that in mainland China.
clothing
A share in export orders.
According to the China textile economic network, as the second largest job creation industry in India, the India garment industry now provides employment opportunities for some 7 million Indians.
Increased demand in the United States has provided growth momentum for India's clothing exports.
In June 2011, India's clothing exports increased by 42% over the same period, double the increase in February of the same year.
According to the global market survey published in the financial times, the total imports of clothing from Bangladesh increased by 39% in early 2011. The total imports from Kampuchea, Salvatore and Honduras increased by 31%, 23% and 19% respectively.
Bangladesh has become the fastest growing country for clothing exports to the United States.
It is understood that in 2010, clothing from these countries became the cheapest in the US market.
clothing
Sources of supply.
According to the May data released by the General Administration of Customs of China, the mainland of China is in the United States.
textile
Garment export growth continued to decline.
In May, the value of textiles and clothing exported to China by the Chinese mainland was about $20 billion 338 million, an increase of 23.77% over the same period, an increase of 12.86 percentage points lower than that in April, and an increase of 2.33% in May compared with April, an increase of 17.62 percentage points lower than that in April.
Hu Min, director of the clothing department of the China Textiles Import and Export Chamber of Commerce, said that under the background of the debt crisis in the US and Europe, the export of textiles to main countries in China is still growing, but the growth rate has dropped.
trend
The export growth rate of Southeast Asian countries has accelerated significantly.
She also pointed out that 6 of the 10 garments used in the American clothing market were made in mainland China, and now only 2 to 3.
Beijing Institute Of Fashion Technology professor Guo Yan said in an interview that compared with the mainland of China, the export of textile products in Southeast Asia has increased rapidly, but the scale is relatively small.
For example, in the US market, mainland China
textile
Exports account for about 20% to 30%, while the total market share in other Southeast Asian countries is less than 10%.
Although the export growth rate of textile enterprises in China is decreasing, it is the price increase.
The pfer to Southeast Asian countries is a low-grade product, and the mid-range products are still retained in China.
In the light of future breakthroughs in garment exports in mainland China, industry experts say that China's textile industry should occupy a high level market, adjust its structure, pay attention to product technology innovation, and promote brand promotion at the same time.
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