Total Imports Of Textiles And Clothing Increased By 9.5% In 1~8.

According to statistics of the China Textile Import and Export Chamber of Commerce, as the largest supplier of clothing products in the United States, in August, China exported $5 billion 260 million to textiles and clothing to the United States, of which clothing exports increased by 5.7%.

Of the ten largest importing countries, 7 countries increased their exports to the United States year-on-year, namely, China, Vietnam, Kampuchea, Bangladesh, Honduras, India and Salvatore.

Exports from Pakistan, Indonesia and Mexico to the United States declined in 3 countries.

From the 7 growth countries, China is no longer the fastest growing country to export clothing to the United States.

Strong growth of three countries in Southeast Asia

According to statistics from the US Department of Commerce and textiles (OTEXA), in August, the United States imported clothing products from the world up 13.5% over the same period last year, up from 7.1% in July.

Among them, Kampuchea's growth is the most robust, with the two digit growth rate ranking the fastest growing country in August for export clothing to the United States.

In addition, Bangladesh and Vietnam also showed strong growth.

According to the data from 1~8 this year, the situation basically coincides with August.

1~8 months,

Total imports increased by 9.5%.

Among the ten largest importing countries, 3 are still Indonesia, Pakistan and Mexico, while the other 7 countries have achieved growth.

Among them, Vietnam, Bangladesh and China had the largest growth rate.

In this regard, American fashion commentator Michel Russell (MichelleRussell) said that from the national perspective, Vietnam is the most competitive country compared with China.

Because its labor cost is lower than that of China and its exporters relative to China, its textile and garment industry has a higher degree of specialization and modernization and higher added value.

In recent years, many foreign direct investment flows to Vietnam, and this will become a trend.

In August, China Luen Thai Holdings Limited announced its investment in Vietnam.

As more and more Chinese companies invest in Vietnam, the country's industrial chain will become more and more complete.

In addition, despite the fact that factory safety has not yet been completely resolved, there is no doubt that Bangladesh remains the destination for many global buyers to undertake low-cost procurement.

In April 2013, the collapse of the Rana clothing building in Bangladesh caused many casualties of textile workers. The textile and garment industry and government of the country have introduced a remedial plan to solve workers' safety problems and protect workers' rights and interests, and even closed some garment processing factories.

At present, most buyers have returned to normal orders.

In August, Kampuchea was right.

It is not surprising that the emergence of a new force is in the eyes of American fashion commentators.

Michel Russell admits that workers' strike, labor disputes and imperfect factory facilities have made Kampuchea's garment processing industry develop slowly. But nowadays, the clothing industry has become the largest manufacturing industry in the country.

Recently, the Ministry of labour and vocational training in Kampuchea announced that the minimum wage for garments and footwear in Kampuchea has been raised to $140 per month in 2016.

Nevertheless, this is still a very low wage standard for the global garment processing industry.

In addition, last month, the country announced that a professional training institution for garment processing workers in Phnom Penh will be established to train local workers to fill vacancies in the middle management and provide vocational training courses, such as professional design and pattern making, which are paid by employers of processing plants.

High performance price ratio should be "China's advantage".

For this reason, some people worry that the rising wages and other trade factors will gradually weaken the competitiveness of Chinese clothing production on the world stage. However, higher production efficiency and stable infrastructure will keep China in the leading position.

According to statistics of the China Textile Import and Export Chamber of Commerce, as the largest supplier of clothing products in the United States, in August, China exported $5 billion 260 million to textiles and clothing to the United States, of which clothing exports increased by 5.7%.

In fact, from May this year, China's export clothing to the United States has been growing steadily. In May, China's exports to the United States increased by 6.5% compared with the same period last year. In 1~6 months, China's exports to the United States increased by 15 billion 250 million US dollars, an increase of 7.1%; in July, it increased by 13.6%; in August, it increased by 5.7%.

Michel Russell wrote: "China will still be"

The most important source of procurement, rising prices will be offset by productivity.

So far, no country can compare with China on the basis of supply and scale, including product quality, richness and complete industrial chain.

For such a statement, Chinese clothing export enterprises also agree very much.

Xian Meijun, manager of Guangzhou Qin Tai Trading Limited company, said: "price factors are very important, but through our understanding of buyers, procurement decisions are not only simple but also cost-effective.

High productivity and reasonable prices can help export trade. "

General manager of Tianjin de Tai Tengda Co., Ltd., Changchun, also said: "our company's greatest strength is the ability to serve on the basis of a good mechanism.

In particular, the 30 day delivery capability is impossible for many enterprises, especially in other Southeast Asian countries.

With the gradual increase of labor costs in China, it is of little significance to talk about price advantages simply. The only thing we can do is to improve the cost performance and offset the high cost with higher efficiency.

On the other hand, Michel Russell said, in fact, most American brands and retailers are not worried about the increased cost of purchasing from China, because China is not only a big exporter, but also a huge consumer market. When these brands buy goods back to China for sale, they usually add higher costs to ensure profits.

The depreciation of the renminbi speculation conjecture

In addition, Michel Russell also said that the depreciation of the renminbi was seen as an adjustment lever by the US brand and retailers to reduce procurement costs.

"The export situation has been bad this year, and the depreciation of the RMB can give the exporters a breathing space," said Gao pin ya, manager of Jiangsu red bean import and Export Co., Ltd.

Export enterprises need to accelerate internationalization and actively anticipate changes in the international retail industry, whether the quality of products or the efficiency of production exceed the buyers' expectations, so that they can withstand the impact.

However, the facts are not consistent with expectations.

In recent days, the yuan has risen continuously.

As of the day of issue, the central bank announced that the yuan was 6.3321 against the US dollar and the exchange rate was 6.3231.

This is also the eighth consecutive trading day appreciation since September 25th, which has risen 560 points, or 0.88%.

For this reason, many export enterprises have not thought of such a trend.

After all, the export situation is not good this year. It is mistaken that the RMB will depreciate for a long time to promote import and export growth.

On the other hand, it also confirms that it is not reliable to hope that the currency devaluation will attract buyers, and that improving production efficiency is the primary task.