Recently, we have heard from jiaxing customs, in the first quarter of this year, jiaxing export textile clothing (including textile yarn fabrics and products, apparel and clothing accessories, similarly hereinafter) more than ten billion yuan, up 2.9% from a year earlier. According to the analysis, implement the strategy of manufacturing back to developed countries, domestic textile apparel industry competition pressure increases, the other due to the emerging market variables increase, the city textile and apparel export market diversification development will be affected, the supply and demand imbalance will lead to price fluctuations, low production profit space compression.
According to jiaxing customs, in the first quarter of this year, the export textile clothing of jiaxing was 10.37 billion yuan, up 2.9% compared with the same period last year. Among them, export textile yarn fabrics and products 5.75 billion yuan, up 15%; Export clothing and clothing accessories 4.62 billion yuan, down 9.1%. In march, the export textile clothing of jiaxing was 3.19 billion yuan, up 10% year on year, and 53% month-on-month.
The three traditional markets of the European Union, the United States and Japan are still the main export markets for textile and clothing in our city. According to the export situation in the first quarter of this year, the export of textile garments in the eu and the United States respectively amounted to 2.18 billion yuan and 2.14 billion yuan respectively, increasing by 6.8% and 0.8% respectively. Exports to Japan were 1.36 billion yuan, down 18.1 percent. In addition, the export of textile garments to asean, Latin America and Africa respectively amounted to 790 million yuan, 630 million yuan and 4.9 billion yuan respectively, up by 24.5%, 0.3% and 17.1% respectively.
With Asia rapidly rising labor costs, most American apparel brands and retailers consider the parts manufacturing operations back to the United States, American consumers are also becoming more and more goods "made in USA", and is willing to pay higher prices. This will have a big impact on the export of jiaxing textile and clothing. In addition, compared with China, Spain, Turkey and other European countries in textile and garment industry has a closer, low freight, tax incentives, and many other advantages, enhance competitiveness, which will increase the domestic textile apparel industry competition pressure. In addition, affected by the American cut scale of quantitative easing, emerging markets such as Latin America, Africa, asean economic development also faces many variables, the city textile and apparel export market diversification development is expected to be affected.
"In the face of all kinds of headwinds, jiaxing needs to support and guide companies to accelerate their industry and product upgrades, look for new growth, raise added value, and strive to form new competitive advantages." The relevant leaders of jiaxing have suggested that the monitoring and early warning of the situation in the re-export market should be strengthened to provide information support for enterprises' production and operation decisions and reduce trade risks. At the same time, relevant departments should strengthen guidance, avoid blindly expanding capacity, and promote the coordinated development of the textile and clothing industry.