What’s behind Shaoxing’s textile and clothing exports exceeding 10 billion US dollars for the first time
Last year, three large textile companies in Shaoxing, which is well-known in China and even the “Textile Hometown”, Hualian Sanxin, Jianglong Group and Zongheng Group were in crisis one after another, reflecting the severe situation faced by China’s textile industry in this wave of international financial cold wave. situation.
In fact, the situation of Shaoxing’s textile industry is significantly better than that of the same industry across the country. The reporter learned from Shaoxing Customs that in 2008, Shaoxing’s textile and clothing exports exceeded the 10 billion U.S. dollar mark for the first time, reaching 11.02 billion U.S. dollars, an increase of 22% over the previous year. The export growth rate was 3.3 percentage points higher than the provincial average, higher than The national average is 13.8 percentage points.
Export regional expansion
In 2008, Shaoxing’s men’s suits worth US$46,000 entered the Rwandan market. For the first time, this African country, often prone to war, has clothing products made in Shaoxing.
Similarly, four African countries, including Comoros and Burundi, also imported textile and clothing products to Shaoxing last year. “Some of these African countries have rarely even heard of their names, which illustrates the adjustment of Shaoxing’s textile and clothing product export areas.” The relevant person in charge of Shaoxing Customs said.
Last year, the international financial tsunami triggered by the U.S. subprime mortgage crisis directly led to the weakening of market demand in Europe and the United States. According to statistics, in 2008, Shaoxing’s textile and apparel export growth to traditional markets such as the EU and the United States declined. Among them, exports to the EU were US$1.87 billion, an increase of 26%, 12.9 percentage points lower than the same period last year; exports to the United States were US$850 million. , an increase of 15.7%, 4.7 percentage points lower than the same period last year.
Although the European and American markets still dominate Shaoxing’s textile and apparel exports, the South American market, the Russian market and the African market have brought new export growth points to Shaoxing’s textile and apparel exports. In 2008, Shaoxing’s textile and apparel export growth rate to countries such as Brazil, Benin, India, Russia, Indonesia, Vietnam and Chile exceeded 30%.
Contrary to the decline in export growth in European and American markets, Shaoxing’s textile and apparel exports to African countries have increased significantly. According to statistics, in 2008, Shaoxing’s textile and apparel exports to African countries were US$1.57 billion, an increase of 32.4%, 9.7 percentage points higher than the same period last year. Among them, the total export volume to Benin reached 440 million US dollars, becoming the fifth largest market for Shaoxing’s textile and clothing exports.
In 2008, in addition to the continuous expansion of export areas, another welcome change in Shaoxing’s textile and apparel exports was the significant increase in the number of companies with exports exceeding 10 million US dollars. There are 269 Shaoxing textile and garment enterprises with an export volume of more than 10 million US dollars, 60 more than in 2007, which shows that there are more and more powerful textile and garment export enterprises.
Industrial chain advantages
At present, among the major textile and apparel export cities in Zhejiang and even across the country, Shaoxing’s textile and apparel industry chain is relatively complete, ranging from PTA, polyester chips, polyester filaments, yarns Thread fabrics, printing and dyeing finishing, and garments have formed a one-stop service.
“This is the advantage of Shaoxing’s textile and garment enterprises, and it is also one of the reasons why exports still maintain rapid growth.” The relevant person in charge of Shaoxing Customs analyzed that the production base and sales market are in the same area, and logistics costs are relatively low. At the same time, Shaoxing has a concentration of skilled workers and has outstanding industrial agglomeration advantages.
At the same time, as Shaoxing’s textile industry chain has been continuously improving in recent years, enterprises have continued to increase investment in scientific research funds, and their innovation capabilities have been continuously improved. This is specifically reflected in the enhanced development capabilities of high-performance and functional chemical fibers, and the addition of product add-ons. value increases, etc.
Zhejiang Ancient Fiber Road New Materials Co., Ltd. has taken a new approach in the polyester chemical fiber industry and developed industrial polyester yarn products. Against the background of the slump in the entire polyester chemical fiber industry in 2008, the export of “Gu Fiber Road” has been outstanding, with exports increasing by 50%. % or more, ranking 6th among Shaoxing export enterprises.
In 2008, when the international financial tsunami was raging, a concerning phenomenon was that the growth rate of clothing exports dropped lower than that of textiles. “This shows that, also affected by the international financial crisis, Shaoxing’s clothing exports are more risk-resistant than textile exports.” Industry insiders analyzed that the situation of Shaoxing’s textile industry “hating cloth but not ready-made clothes” is gradually improving.
According to statistics, in 2008, Shaoxing City’s exports of clothing were US$2.91 billion, an increase of 21.9%, 2.1 percentage points lower than the same period last year; exports of textiles were US$8.11 billion, an increase of 22.1%, 7.1 percentage points lower than the same period last year. The growth rate is still 0.2 percentage points higher than that of clothing.
Can it bottom out and rebound?
Last year, Shaoxing’s textile and apparel exports still maintained rapid growth, and the data were significantly better than the national average. But in fact, starting from July last year, textile and clothing exports declined month-on-month and continued until November. In December last year, Shaoxing’s textile and clothing exports in a single month were US$1.24 billion, an increase of 2.3%, finally ending the five consecutive months of decline since July last year.
“Whether Shaoxing’s textile and apparel exports will bottom out is still unclear.” Industry insiders analyze that various uncertain factors still exist, especially the impact of the financial crisis on the real economies of Europe and the United States is still deepening.
“People always have to wear clothes, and companies that can survive will eventually usher in new development.” The relevant person in charge of Shaoxing Customs told reporters that in the second half of 2008, the country raised the price of textile and clothing twice within three months.��Export rebate rate. At the end of last year, the country introduced 6 measures to support the light textile industry. In 2009, the United States canceled its textile export quotas. Under the circumstances of loose domestic and foreign policies, enterprises must strengthen management, control internal cost consumption, and continuously enhance innovation. ability, take the path of product differentiation, and constantly explore new markets at the same time, only in this way can we successfully “overwinter”. AAJYUIYFHGE
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