Domestic Demand For European Brands Is Booming, Garment Imports Soar.

< p > you can see that the international brand and the fast fashion shop have opened the store, but can not see behind this. The foreign trade pattern of the garment industry has changed quietly. According to the customs statistics of Shanghai, in the first three quarters of this year, the import of clothing and accessories in Shanghai customs area increased by two digits in the first quarter of the year, and the total import volume was 2 billion 250 million US dollars, an increase of 15.2% over the same period last year.

It has always been said that China is a big exporter of textile and garment manufacturing. Now, the more important position is the market, some of which come from the European brand base of the multinational brand, some from the production base in the lower cost area.

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< p > the demand for domestic consumption has been stimulated, and the "a href=" http://www.91se91.com/news/index_c.asp "multinational brand" /a "shop has been spreading rapidly. Clothing imports have been growing rapidly this year.

From March this year, the import value of clothing in Shanghai customs area has been increasing for the 7 consecutive month.

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< p > in July and August, the value of clothing imports continued to exceed US $300 million. In September, the value of clothing imports remained at close to US $300 million, which was US $290 million, an increase of 18.8% over the same period last year.

In the first three quarters, foreign-invested enterprises imported 1 billion 600 million dollars from Shanghai customs customs area, accounting for 71.2% of the total value of garment imports in the same period, and the leading position was further enhanced.

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< p > when it comes to pushing forward the growth of < a href= "http://www.91se91.com/news/index_c.asp" > clothing import > /a >, first of all, the domestic consumption demand is strong, which has strongly attracted the high-end brand clothing in Europe.

With the improvement of the living standards of domestic residents, the enthusiasm for consumption of high-end brand clothing has increased rapidly.

Influenced by the weak European market, the major international high-end apparel brands are more dependent on China's high-end consumer market and flocking in.

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At the same time, fast fashion multinational brands focused on the domestic market, and also led to an increase in clothing imports. P

With the rapid expansion of multinational fast fashion clothing stores such as UNIQLO, H&M and ZARA in China, Bangladesh and India, with their cost advantages, have attracted large quantities of production orders of these fast fashion brands, leading to sustained and rapid growth in China's clothing imports.

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< p > according to the insiders, the rise of domestic costs has led to the shift of some garment processing industries to Southeast Asian countries, not only the international apparel brand industry chain has shifted to Southeast Asia, but also domestic textile and garment enterprises have built factories in ASEAN.

Coupled with the start of the China ASEAN Free Trade Area since 2010, China's trade tariffs on ASEAN have been greatly reduced, and the cost advantages of importing garments from ASEAN have also been highlighted.

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< p > related links: < /p >

< p > in the three quarter of this year, the import value of Shanghai customs customs area decreased two times compared with the same period last year. The import of clothing and accessories (hereinafter referred to as "clothing") increased by two digits, with a total import of 2 billion 250 million US dollars, an increase of 15.2%.

Among them, imports from ASEAN amounted to 540 million US dollars, accounting for nearly 1/4 of total imports, an increase of 49.7%.

Analysts believe that the cost advantage of the ASEAN region is the main reason for the rapid growth of clothing imports.

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< p > data show that the EU is still the largest import market. In the first three quarters of this year, Shanghai customs customs import clothing from the European Union 830 million US dollars, an increase of 9.1%, accounting for 36.7% of the total value of garment imports in the same period.

Among them, imports from Italy amounted to 500 million US dollars, an increase of 7.5%, which is the largest source of clothing imports in Shanghai customs area.

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During the same period, the growth rate of imports from ASEAN and Bangladesh was higher than that of the general average. The growth rate of imports from ASEAN was 34.5 percentage points higher than that of the whole area in the same period.

Among them, imports from Vietnam amounted to 240 million US dollars, an increase of 74.9%.

In addition, imports from Bangladesh increased by 32.3% to $120 million.

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In the first three quarters of this year, 24 million 203 thousand items of cotton knitted or crocheted T-shirts, sweaters and vests were increased by 37.5%, and the average price of imports was $4.4 per piece, down 5.5% in the first three quarters of this year in Shanghai.

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