Domestic Textile Enterprises Export To Brazil To Increase Risk

After the financial crisis, the European and American markets were in a downturn. Instead, the markets in developing countries such as Asia and Latin America were Keqiao. Spin Export enterprises have opened a "window", and the Brazil market is also a key exporter of Shaoxing textiles. However, recently, a new clearance policy was introduced in Brazil. The customs did not need to release the goods on the basis of the original bill of lading, which gave the Keqiao export enterprises a wake-up call. In this regard, the relevant people reminded Keqiao's vast number of foreign trade enterprises, should pay attention to.

Reporters learned that Brazil has always been a key market for textile exports in Shaoxing. In the month of 1~5 this year, Shaoxing's exports to Brazil amounted to US $481 million 780 thousand, an increase of 8.75% over the same period last year. Among them, textile clothing And other textile products are still the main products exported to Brazil. For example, an environment-friendly wallpaper developed by a non-woven production company in rojiang has become the designated wallpaper for the Brazil football World Cup and the Olympic Games.

It is understood that the policy of customs clearance issued by Brazil in 2006 stipulates that importers need to provide the original ocean bill of lading before they can pick up the goods. However, after May 6th this year, Brazil began to implement the new customs policy. Under the new deal, the port authorities in Brazil no longer require importers to provide original bills of lading. They only need to make copies of the bill of lading (duplicate photocopies) and certificates of payment.

"The new customs policy of Brazil is in fact a policy of" no single delivery. "For this reason, it is believed that the export enterprise mainly controls the risk of foreign exchange collection through collecting part of the deposit, plus the copy of the bill of lading, or by the way of letter of credit transaction. However, under the circumstances that the customs can deliver goods without a single bill, the above two means are unable to control the risk of foreign exchange collection.

Affected by the new policy, Shaoxing export enterprises are complaining that the payment time of Brazil merchants has been delayed. As an employee of an import and export trade enterprise in Shaoxing recently revealed, this year, the money of Brazil customers has not been faster. A remittance of one hundred thousand dollars has been given to three customers. The money has not arrived yet, and now fourth water orders have been sent, but the money has not been received yet. Another exporters complain that since last year, Brazil customers have not received payment of 10 million yuan, and so on.

In this regard, there is also the head of Keqiao freight forwarding company, Miss Kim told reporters that in fact, before the new customs clearance policy was introduced in Brazil, Brazil merchants also asked for customs clearance by bill of lading in trade. However, for export enterprises, there is a certain risk in this way of customs clearance. Payment and delivery is undoubtedly the most secure. In addition, in view of this high-risk transaction mode, the exporters should designate the freight forwarding companies themselves and be especially careful when they specify the freight forwarding companies. If necessary, an export credit insurance institution may apply to investigate the credit information of its clients so as to reduce trade risks.

Related links --- Brazil textile industry Summary

The textile industry is one of the traditional industries in Brazil, which started in the early 20th century. Brazil insiders believe that Brazil's industrialization began with the textile industry.

Brazil textile industry can be divided into three stages according to its development history.

The first stage was from the last 70s to the beginning of 90s. It is a stable development stage. The main feature is that the textile industry is growing and expanding. The output value of textile industry has been constantly highlighted in the industrial output value. While the export growth has been increasing, imports have increased substantially, and the foreign trade of textiles has basically maintained a favorable balance.

The second stage, the vigorous development stage of the domestic market, took place in the 1994-1998 year. The main feature is that domestic demand is strong, exports have maintained steady growth, imports have increased substantially, and trade has continued to run large deficits. The main reason is that since the implementation of the Real plan, the currency has remained stable, and the ratio of Real to the US dollar is small, which is conducive to imports. At the same time, customs control of import management is also one of the important reasons for Brazil's trade deficit in textiles.

The third stage is to restore the development stage. Since 1999, the textile industry in Brazil has been restored to development. The main feature is the synchronous development of textile production and import and export. Especially under the policy of replacing imports, the trade surplus has been increasing year by year. In 1999, imports fell by half over 97 years. In 2001, Brazil was transformed from the cotton importing country to the exporting country. The import of textile fiber was greatly reduced, and the foreign trade of textile industry experienced a surplus again after 6 consecutive years of deficit.

Brazil's textile industry is divided into three parts. Raw material industry Textile industry and finished product industry. In the three part, finished products are processed. clothing Whether other products are processed, the total number of enterprises, the number of employees or the output value are the main body of the industry.

Brazil textile raw materials are mainly three parts, namely man-made fiber, chemical fiber and natural fiber.

The textile industry is very important in Brazil's industry, and its output value accounts for about 20% of the industrial output of the Department. In 2001, the textile industry output value of 22 billion 100 million US dollars, accounting for 4.4% of the country's GDP5030 billion, 1 million 524 thousand of the textile industry employed, including 120 thousand of the textile and chemical fiber industry, 332 thousand of the textile industry, 1 million 192 thousand of the garment industry, accounting for 1.9% of the total number of people employed in the country.

In 2001, there were 22 textile and chemical fiber manufacturers in Brazil, 3147 textile manufacturers, and 18438 garments and other finished products processing plants.

Textile production capacity: fiber and chemical fiber production 513 thousand tons. textile 1 million 590 thousand tons, clothing production 1 million 295 thousand tons.

The annual output value of fiber and chemical fiber industry is 1 billion 200 million US dollars, and the output value of textile industry and garments and other finished products is 20 billion 900 million US dollars.

In terminal products, textiles and fibre In the three big production links, both the scale, the annual output and the output value of the enterprises are all geometric progression. In 2001, clothing and other end products averaged 65 enterprises, with an annual output of 70 tons, with an annual output value of 1200 dollars per person. In the textile industry, each enterprise has an average of 106 people, with an annual production volume of 505 tons per year and an annual output value of 4500 US dollars. In the fiber and chemical fiber industry, the average number of enterprises is 545, the annual output is 23 thousand tons, and the per capita annual output value is 55 thousand US dollars.