Analysis Of Export Competitiveness Of Southeast Asian Textile Manufacturing Countries In The Past Half Year

When European and American economic recession and rising production costs become common pressure, countries

The accumulated competitive advantages and disadvantages of development have gradually emerged.

Recently, major textile manufacturers in Southeast Asia have handed over their export pcripts in the first half or last fiscal year.

What's more worth considering outside the data is that these new textile and garment manufacturers need to have the competitiveness to undertake the big task of order pfer.

Multiple merchants steady orders

Single market exposure

Representative country: India VS Thailand

Looking at the export situation of several major textile and garment manufacturers in Southeast Asia, India's performance has been particularly prominent this year.

Jarao, Minister of Commerce of India, said that the export orders of India textile and garment enterprises in the coming months have been at full load.

Even if the European market is in a doldrums, the country's textile and clothing exports are expected to achieve a target of 40 billion 500 million US dollars, up from 34 billion US dollars in the previous fiscal year.

The steady growth of India's textile and garment industry has benefited from the accumulated advantages of the industry for a long time.

First of all, India has abundant supply of raw materials, which helps to control costs and shorten delivery time in the whole production process.

Secondly, the skilled workers in the textile and garment industry are abundant, and more than 7000 factories and 11 million workers can ensure the production and operation of the industry.

In addition to the above two points, India textile and garment industry is good at expanding the characteristics of emerging markets and creating an adverse market growth.

At present, the two largest markets in the European Union and the United States account for 65% of India's total textile and clothing exports.

In order to reduce dependence on the traditional markets such as the European Union and the United States, India textile enterprises tried to explore new markets in the first half of this year, such as Russia, Japan and some Latin American and African countries.

To help enterprises develop new markets, the government of India has also launched the market development assistance and market access initiative, including specific measures to provide financial assistance to exporters.

Compared with India, Thailand textile industry appears to be stuck in the external market expansion.

The export of Thailand's textile and garment industry which has been overly dependent on the European and American markets has dropped by 15.6%.

Ban Tai, director of Thailand Textile Industry Association, said that due to the impact of the European economic crisis, orders for Thailand's textile industry continued to decrease in 2012.

In the coming period, Thailand exporters need to adjust themselves to pay attention to the market with high purchasing power and continuous growth, such as ASEAN and Japan, to make up for the shrinking of the European market.

Rich variety favored

Sticking to traditional market

Representative country: Bangladesh VS Pakistan

Bangladesh has been knitted all the time

For its export of the fist product.

However, since the beginning of this year, the export of knitted garments in Europe as the target market has not been satisfactory.

In the first 7 months, the export of knitted garments in the country was US $1 billion, a 0.68% decrease compared with the same period last year.

In order to make up for the export decline of knitted garments, Bangladesh garment manufacturers have increased their investment in plain woven garments. Under the double effect of strengthening product design and improving product quality, Bangladesh has been exporting more garments to knitted garments, and has become the largest supplier of flat woven garments in the United States.

To the outside world, the sharp decline in the export of Pakistan textiles and clothing in the last financial year was mostly attributed to the energy crisis.

Kauhall, chief coordinator of the Pakistan garment and garment manufacturers and Exporters Association (PRGMEA), said that the lack of product innovation capability of Pakistan textile practitioners was the main reason for the decline in the country's exports.

In recent years, the demand for fashion and sportswear with design sense has increased in the US and Europe, while Pakistan textile industry has made little contribution in this respect.

Khar hopes that the company will strengthen its innovation capability and pform its traditional product categories. "In the EU market, the price of women's skirts is 20~25 euros / pieces. The production of fine denim fabric enterprises can open the garment market by designing such skirts."

Lack of raw materials

The advantages of the complete industrial chain are obvious.

Representing the country: Vietnam

In the first half of this year, Vietnam's textile and garment industry's export growth rate was slightly less than 8.7%.

Vietnam has been regarded as the hottest country to undertake the pfer of orders, but the lack of raw materials has limited the healthy development of the industry.

Of the more than 3700 Vietnamese textile and garment enterprises, 17% are textile enterprises, and the yarn needed for production is mainly imported from mainland China, Taiwan, Korea and India.

This year, European and American market orders are characterized by short delivery times and small orders.

A representative of a garment company in Vietnam, Xingan, said that the urgent need for businesses in Europe and the United States allowed enterprises to prepare ahead of time and import large quantities of textile raw materials from abroad.

Therefore, companies often lack liquidity.

In order to gradually change the situation of yarn dependence on imports for a long time, some large spinning enterprises in Vietnam have been put into operation and started construction recently.

In addition, in June of this year, Japan's Itochu commercial group (Itochu) invested in Nam Dinh, Vietnam.

The plant starts construction, and is expected to be put into operation in 2013, with a total investment of US $120 million.

After the project is put into operation, it is expected to further improve the self-sufficiency capability of Vietnamese textile yarns.