Jiaxing'S Textile And Garment Exports Exceeded $10 Billion In The First Quarter

< p > from the Jiaxing customs, we know that in the first quarter of this year, Jiaxing exported more than ten billion yuan in export textile and clothing, including textile yarn fabrics and products, clothing and accessories, an increase of 2.9% over the same period last year.

According to the analysis, developed countries implement the strategy of manufacturing return, and the competition pressure of domestic textile and garment industry is increasing. In addition, due to the increase of emerging market variables, the diversified development of our textile and garment export market will be affected, and the imbalance between supply and demand will also lead to low price fluctuation and the compression of production profit space.

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< p > according to Jiaxing customs statistics, in the first quarter of this year, Jiaxing exported 10 billion 370 million yuan of textile and clothing, an increase of 2.9% over the same period last year.

Among them, exports of textile yarn and fabrics and products were 5 billion 750 million yuan, an increase of 15%, and export clothing and accessories 4 billion 620 million yuan, down 9.1%.

In March, Jiaxing exported 3 billion 190 million yuan of textile and clothing, an increase of 10% over the same period, an increase of 53%.

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< p > the EU, the United States and Japan are the three major traditional markets for foreign trade, which are still the main a href= "//www.sjfzxm.com/news/index_c.asp" export market < /a >.

Judging from the export situation in the first quarter of this year, our exports to the European Union and the United States amounted to 2 billion 180 million yuan and 2 billion 140 million yuan respectively, up 6.8% and 0.8% respectively, while exports to Japan were 1 billion 360 million yuan, down 18.1%.

In addition, our exports of textiles and clothing to ASEAN, Latin America and Africa reached 790 million yuan, 630 million yuan and 490 million yuan respectively, representing an increase of 24.5%, 0.3% and 17.1% respectively.

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< p > with the rapid rise of labor costs in Asia and other places, the majority of us a href= "//www.sjfzxm.com/news/index_c.asp" > clothing brand < /a > and retailers are considering turning some manufacturing businesses back to the US, and American consumers are becoming more and more interested in "made in the United States" products, and are willing to pay higher prices for them.

This will cause no small impact on Jiaxing's textile and clothing exports to the United States.

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< p > besides, compared with China, European countries such as Spain and Turkey have many advantages such as distance from a href= "//www.sjfzxm.com/news/index_c.asp" > textile and garment industry < /a >, such as close distance, low freight rate, preferential tax rate and so on. Their competitiveness is constantly increasing, which will increase the competitive pressure of domestic textile and garment industry.

In addition, affected by the US's reduction in the scale of quantitative easing, Latin America, Africa, ASEAN and other emerging market economies also face many variables. It is expected that the diversified development of our textile and garment export market will be affected.

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< p > "in the face of various unfavorable factors, Jiaxing needs to support and guide enterprises to accelerate the upgrading of industries and products, seek new development and growth points, continuously increase the added value, and strive to form new competitive advantages."

Jiaxing customs officials suggested that we should strengthen the monitoring and early warning of key export markets, provide information support for enterprises' production and operation decisions, and reduce trade risks.

At the same time, relevant departments should strengthen guidance, avoid blind expansion of production capacity, and promote the coordinated development of upstream and downstream industries of textile and garment industry.

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