March Foreign Trade Index: Policy Dividend Helps Boost Marketing Volume

In March 2019, the foreign trade prosperity index closed at 748.71 points, a rise of 7.77%, an increase of 7.77% over the beginning of the year, up 4.26% over the same period last year.

Foreign trade price index closed at 157.06 points, up 0.06%, up 0.06% compared with the beginning of the year, down 0.27% compared with the same period last year.

The confidence index of foreign trade closed at 1272.94 points, rising by 8.79%.

In March, the Sino US trade negotiations are still in progress, but the two sides have reached a consensus not far from it, stop the Levy of new tariffs and maintain the current tariff unchanged. The two governments have indicated that they will push bilateral economic and trade relations back to the normal track as soon as possible. In the course of future negotiations, the two sides will make joint efforts to make negotiations settle down and achieve a win-win situation.

Textile enterprises have increased confidence in the success of Sino US trade negotiations.

Export textile enterprises have further accelerated their pformation and upgrading, and the bonus of "one belt and one road" has helped boost the development of textile and foreign trade in Keqiao.

The 20190325 phase of the foreign trade prosperity index rose, and the foreign trade price index rose.

Export demand increases, boom index rises

In March, the prosperity index of foreign trade textile enterprises in Keqiao District of Shaoxing increased steadily, as foreign buyers picked up locally, and foreign trade enterprises increased their volume and volume of exports.

Among them, the chemical fiber filament fabric business climate index rose 4.29%, stimulating the foreign trade prosperity index rose.

Promote the strategic layout of globalization.

The driving force of China's textile and garment industry to promote the strategic layout of globalization is mainly to find global value chain depression and adapt to the change of international market order needs.

The related modes mainly include overseas investment in factories, finding strategic partners, opening branches, realizing product display and overseas orders, speeding up the construction of overseas warehouses, etc., and gradually emerge in the global production supply chain with new attitudes of organizers and managers.

The international competitive advantages of upstream products are highlighted.

In March 1st, at the twenty-ninth China East China Import and Export Fair, which was opened in Shanghai, China's textile and clothing imports and exports continued to grow steadily, and the international competitive advantage of upstream products was highlighted.

The China trade fair, known as the first exhibition of China's foreign trade, is the largest regional trade exhibition in China.

There are more than 4000 enterprises participating in this year's fair, including more than 3500 domestic export enterprises.

Costumes and textile fabrics are the two main categories of export commodities highlighted by the China Trade Fair.

Export demand for yarn and fabric increased.

The textile and garment industry has seen an increase in exports of upstream products and a slowdown in downstream exports. On the one hand, the pfer of China's garment manufacturing industry has led to a slowdown in related exports.

On the other hand, the reason is that the relevant industrial chains of the low cost garment producing countries are incomplete, and the demand for Chinese yarn and fabrics is increasing.

China's exports of yarn and fabrics to Vietnam and Bangladesh have increased, textile and apparel exports to ASEAN have increased, and the fastest growth in major markets shows that ASEAN is becoming an important place to undertake the pfer of China's garment industry.

China's textile and apparel exports to the three traditional markets of the European Union, the United States and Japan have maintained growth.

Product prices rebounded and foreign trade index rose.

In March, the foreign trade price index showed a rising trend.

Among them, the foreign trade price index of chemical fiber filament fabrics increased by 12.79%.

The daily price index of domestic textile fabrics increased by 10.64%, and the foreign trade price index of curtain curtain increased by 5%, driving the total price index of foreign trade to rise.

The industry is moving towards the high-end of the global value chain.

The "going out" of the textile industry is not only a product going out, but also a brand going out and capital going out.

On the one hand, enterprises achieve cross-border coordination of productivity and supply chain through overseas capacity investment.

On the other hand, enterprises across the globe take the initiative to carry out cross regional deep cooperation in raw materials, brands, channels, R & D and other high-quality resources, and drive the industry towards the high-end of the global value chain.

The added value of products is further enhanced.

China's textile and garment export enterprises continue to enhance their innovative ability and international competitiveness, and the added value of products and brand influence are further enhanced.

A large number of textile and garment foreign trade backbone enterprises have explored a new mode of foreign trade, and developed rapidly in the new formats of cross-border electricity suppliers, market purchasing trade, and foreign trade comprehensive services.

The company's ability to raise prices and its performance continued to improve.

On the one hand, environmental protection is more stringent, leading to higher upstream costs affecting the overall profitability of the industry chain. On the other hand, it directly promotes the capacity of textile printing and dyeing.

Products depend on quality instead of quantity.

The environmental protection industry has promoted the market share and bargaining power of the industry, and has benefited from the dyeing and finishing links and other subdivision areas.

Keqiao district always regards "green high-end, world leading" as its diligent pursuit, and constantly benefits from innovative technology, advanced equipment and meticulous management. It takes the power of the whole region to continuously promote the printing and dyeing industry agglomeration and promote the export price index rising in March.

Scale growth slowed down demand growth at a low speed

For the export situation in April 2019, benefiting from the positive pformation, business extension and other revenue contribution, it is expected that the export of textile and clothing will increase in April.

The slowdown in scale growth and slow growth in demand will become the main keynote, but the development of China's textile and apparel trade is still full of confidence.

Intelligent manufacturing and pformation and upgrading is an inevitable choice for enterprises to maintain export competitive advantage.

The integrity and productivity of China's textile and apparel industry chain can not be matched by Southeast Asian countries.

To cope with the changes in international textile and apparel consumption patterns and procurement demand in recent years, many excellent enterprises focus on high value-added links, upgrade their R & D and lean management direction, invest a large amount of funds for equipment upgrading and intelligent pformation, thus effectively enhancing the international competitiveness of enterprises.

Shaoxing Keqiao textile enterprises build "Internet + foreign trade" platform to build a foreign trade ecosystem. The advantages of cross-border electricity providers will be further developed, and textile trade will also usher in new opportunities for development.