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Overview of Foreign Trade in Textile and Clothing in April 2021

Categories:Industry News
Author:David Deng
Origin:Suze Textile & Clothing Co., Ltd.
Time of issue:2021-06-15 14:23
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(Summary description)

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Overview of Foreign Trade in Textile and Clothing in April 2021

(Summary description)

Categories:Industry News
Author:David Deng
Origin:Suze Textile & Clothing Co., Ltd.
Time of issue:2021-06-15 14:23
Views:

Information

In April, the overall trend of China's textile and clothing exports was good, and the exports in the second quarter and the second half of the year were cautiously optimistic. As the first month of the second quarter, the ratio of textile and garment exports in April to the same period last year, the same period in 2019, and the month-on-month three indicators all increased, and the export of traditional commodities increased.
Looking at the data alone, due to the export peak in September last year, the export amount of a single month all reached or nearly $ 30 billion. The preliminary forecast is that in the second quarter and second half of this year, affected by the rapid decline of last year, under the statistics of epidemic prevention materials, exports will fall year-on-year. Regardless of epidemic prevention materials, exports still have room for growth.
Combined with the orders of enterprises, the recent survey of Chinese textile imports and exporters on key export provinces and cities shows that enterprises generally reflect that the current orders are relatively sufficient, but affected by the rising raw materials, logistics and labor costs and exchange rate fluctuations, production costs increased sharply and the profit space was further squeezed. In addition, the current international business environment is changeable, frequent uncertainties are frequent, and export enterprises are generally cautious about the export situation in the second half of the year.

The surge in shipping fees is the biggest challenge facing export enterprises today. The surge of shipping fees has become a difficult problem facing all foreign trade enterprises, and the biggest difficulty and blocking point in the enterprise export link. The epidemic and the blockage of the Suez Canal led to the cancellation or delay of the ship period, in addition to the serious loss of sailors, caused a backlog of cargo stagnation, a cabinet is difficult to find a port. In addition, the domestic scalpers are rampant, further driving the freight soaring. A container has risen to more than $ 10,000,3~4 times over normal years. The surge in freight has seriously squeezed the profit of the enterprise. If you want to share this part of the cost with merchants, it will lead to the decline of merchants and affect the enthusiasm of merchants to purchase.

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Previous: Textile enterprise demand is better turnover inventory fell sharply

Next: 398. 2 billion! China's textile raw material exports soared in the first quarter, prompting a Western boycott of Xinjiang cotton