Judging from the latest data released by the General Administration of Customs, China’s textile and apparel exports showed a rebound momentum in the first quarter. At the 121st Canton Fair, some interviewed textile and apparel exhibitors bluntly stated that the company’s export orders in the first quarter were generally good, which was consistent with the data trend released by the General Administration of Customs.
However, facing the newly improving export situation, the heads of exhibitors are not relaxed. The global economy is still in the recovery stage, and the sluggish demand in the international market has not fundamentally changed. Domestically, companies are facing difficulties such as rising costs.
The main dilemma faced by the vast majority of textile and apparel export companies is the transfer of orders to countries and regions such as Southeast Asia. These places have relatively strong tariff preferences for exports to economies such as the EU and Japan, and are considered by some companies to have a large number of export orders. One of the important factors for moving to Southeast Asian countries.
With the weakening of production cost advantages and price advantages, textile and clothing export companies have begun to shift to overseas high-end markets by increasing product added value and improving product technical content, thereby getting rid of the vicious competition of homogenization in the low-end market. bondage. On the other hand, through the introduction of automation, we will reduce costs and increase efficiency, and transform and upgrade both internally and externally.
Currently, clothing exports are showing a stabilizing and improving momentum, but it cannot be completely concluded that the situation of clothing exports this year has improved. For garment export companies, how to maintain the positive momentum of exports is a longer-term plan. Clothing exports focus on both the present and the long term
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