Analysis Of Foreign Trade Index In September: Export Transformation Speeds Up Foreign Trade Prices.

In September 2019, the foreign trade prosperity index closed at 754.29 points, a rise of 3.26%, an increase of 8.58% over the beginning of the year, down 1.23% from the same period last year. The foreign trade price index closed at 167.65 points, rising 2.08%, up 6.80% from the beginning of the year, rising 2.11% over the same period, and the foreign trade confidence index at 1214.80 points, rising by 6.07%.

In September, the export volume of textile and clothing in Keqiao District of Shaoxing increased, and the textile exports showed a trend of ring growth. With the active innovation and upgrading of Chinese enterprises and overseas layout, China's textile and garment industry will remain competitive in the international market for a long time. Export textile enterprises have further accelerated their transformation and upgrading, and the bonus of "one belt and one road" has helped boost the development of textile and foreign trade in Keqiao. The 20180925 phase of the foreign trade prosperity index rose, and the foreign trade price index rose.

Overseas markets continue to expand

In September, the prosperity index of foreign textile enterprises in Keqiao District of Shaoxing increased, the international market actively explored, and the overseas buyers' stocking and procurement were partially promoted. Among them: the foreign trade prosperity index of cotton and its blended fabrics increased by 8.63%; the foreign trade prosperity index of chemical fiber and filament fabrics increased by 5.33%; the foreign trade prosperity index of embroidery category increased by 19.58%; the curtain curtain foreign trade prosperity index increased by 14.66%; the index of stimulating foreign trade prosperity rose.

The central bank has been fully targeted and trade disputes eased. The people's Bank of China decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage points in September 16, 2019. Then, in September 17th, the office of the United States Trade Representative (USTR) announced the notice of excluding the list of tariff items to China (including textiles). And the exemption notice indicates that 100% of the polyester woven microfiber fabrics and polyester products in the textiles are excluded from the list. This is good news for China and the United States. A number of people said that the announcement of this list is good news for Chinese related export enterprises, especially those who are striving for Christmas orders.

The Sino US deficit has risen, and the order has been issued. Entering the September, some enterprises' foreign trade orders are still increasing. According to a foreign trade enterprise feedback, the company's orders are indeed increasing, and it seems to be more sustainable. On the basis of unadjusted trade deficits, the trade deficit, which is more affected by the trade situation, has risen the highest level since January.

The exhibition hall of the textile city shows up in Shanghai, and the exhibition hall is full of popularity. In September 25th, the global textile quality fabric exhibition hall and 20 member enterprises participated in the exhibition of autumn and winter noodles in Shanghai, exhibiting more than 10000 items of cotton, linen, Korean velvet, embroidery, chiffon, Tencel and knitted and woven fabrics. The first day of the exhibition hall received more than 3000 passengers. In addition, the global textile network has also brought the flower drawing platform, weaving road cloud intelligent flower design platform, easy to spin smart clothes, 3D clothing intelligent personalized design system, enterprise ERP business management system and other special products. Among them, the global textile website international website translated literally 16 languages, which can achieve a product upload, so that overseas customers can quickly understand the fabric product information with their native language, and improve the efficiency of communication in the overseas market.

Special fabrics have opened the door to international high-end market. In Textile City, every 3 to 5 days, new fabrics will be put on the shelves, while textile enterprises will open the door of international high-end market with special fabrics. For example: Zhejiang fan's Textile Co., Ltd., the R & D personnel account for the total number of employees 2/3, invest tens of millions of yuan each year to develop new products, and spend 5 million yuan to build a textile testing center, and eventually win the trust of international brands such as POLO, CK and ZARA.

The price of innovative products is rising.

In September, the foreign trade price index showed a rising trend. Among them, the foreign trade price index of chemical fiber filament fabrics increased by 2%; the price index of embroidery and foreign trade increased by 3.16%; the daily price index of household textiles and fabrics increased by 9.09%; the curtain foreign trade price index increased by 1.89%; the total price index of foreign trade increased.

From the "world factory" to "Oriental Milan". In the creative design base of Keqiao textile industry, there are 399 textile design enterprises like "Bai Si", of which 1246 are design talents, who serve the 2/3 textile industry and trade enterprises in the whole region. At present, the fashion and creative industry has been included in the training plan of 100 billion industry in Keqiao District, and invested 20 million of its annual financial funds. With the upgrading of textile fabrics and the extension of the textile industry chain, Keqiao is building a high growth and sustainable fashion industry system, which is turning from "world factory" to "Oriental Milan".

Keqiao textile enterprises actively develop innovative products. Some Shaoxing scale textile companies devote a lot of energy to research and develop new products every year. They send designers to Italy, Hongkong and other countries and regions, so that every month they have new fabrics and become the preferred products in many industries. Not only in the domestic sales situation is ideal, in the "along the road" market is also very popular, innovative products added value has been boosted, stimulating foreign trade price index rose.

Promote the transformation and upgrading of the printing and dyeing industry. Keqiao is a large and strong textile area. The textile and dyeing industry is the mother industry and pillar industry in Keqiao district. The problems of high pollution, high energy consumption and high emission in traditional printing and dyeing industry are becoming increasingly prominent. In the face of difficulties, the Keqiao district government has actively promoted the development of printing and dyeing enterprises towards high and new, intelligent and green industries. It has made great efforts to promote the transformation and upgrading of the printing and dyeing industry at the provincial level, and has made great efforts to build a "green high-end, world leading" modern industrial cluster, which has made remarkable achievements. The export orders of the active environmental protection printing and dyeing products increased, the price chain ratio increased, and the price index of foreign trade increased.

Forecast of next stage foreign trade index

For the export situation in October 2019, textile and garment exports are expected to show a slight growth trend. October is the traditional peak season for textile industry. Textile enterprises prepare for "silver ten", and export orders will increase in the earlier stage.