Seasonal Factors Caused Shaoxing Textile And Garment Exports To Go Down In August
Shaoxing
Customs released data show that since April of this year, Shaoxing
Textiles and clothing
The value of exports rose for 4 consecutive months, reaching the highest level since January 2009, but the value of exports in August dropped sharply, and exported 1 billion 340 million US dollars in the same month, down 8.6% from July. In July,
According to Shaoxing
Customs
Statistics show that from 1 to August this year, Shaoxing's textile and clothing exports amounted to US $9 billion 60 million, an increase of 35.8% over the same period last year.
Among them, export textiles amounted to 6 billion 700 million US dollars, an increase of 38.2%, and export garments and accessories 2 billion 360 million US dollars, an increase of 29.3%.
From the point of view of export destinations, the European Union, the United States and ASEAN are still the main markets for textiles and clothing in Shaoxing.
It is noteworthy that the export growth of Shaoxing's textile and clothing trade is much higher than that of processing trade.
The export growth of Shaoxing's clothing and textiles has benefited from the obvious recovery of the external demand market.
According to past data, July is the peak of export in that year, so seasonal factors are one of the important reasons for the sharp decline of exports in August.
Shaoxing customs analysis also pointed out that in August this year, the export value fell significantly, and the price of raw materials continued to rise is also a major reason.
In addition, the rising competitiveness of textiles in neighboring countries and trade protectionism have also led to the loss of orders in the near future.
Shaoxing customs reminds us that we should pay close attention to the trade warning information issued by relevant departments and avoid risks in time.
We should speed up industrial integration and innovation, realize the pformation and upgrading of the textile and garment industry and enterprises themselves, and actively implement the strategy of going out, and establish a marketing network to the emerging market, so as to improve profitability.
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