In some of the high-end manufacturing industries, developed countries and some labor-intensive industries have been replaced by Southeast Asian countries. As a result, the 20161025 foreign trade prosperity index fell, and the foreign trade price index fell. For the export situation in November 2016, the export growth rate is expected to show a weak recovery trend. In the industry view, the space for further downward exports has been limited. Although the growth rate is slow, China's new advantages in foreign trade competition are growing, and some large-scale textile printing and dyeing enterprises gradually have comprehensive competitive advantages. In addition, the current free trade zone is already playing a role; the “Belt and Road†is also entering the project landing period. These all form a supporting role for foreign trade.
First, overseas buyers' stock purchases fell, causing the foreign trade boom to fall
In October, the prosperity index of foreign trade textile enterprises in Keqiao District of Shaoxing City fell, due to the decline in overseas buyers' purchase of goods, and the volume of new orders and export goods of foreign trade enterprises decreased. Among them: cotton and its blended fabrics foreign trade prosperity index fell 18.80%, chemical fiber filament fabrics foreign trade prosperity index fell 7.02%, daily-use home textiles foreign trade prosperity index fell 7.02%, curtains accounted foreign trade prosperity index It fell by 31.61%, driving the overall prosperity index of foreign trade to fall.
1. Exports of major trading partners have generally declined. Foreign trade orders fell in October, and the growth rate of exports to major trading partners almost all declined, and there was no obvious base effect, reflecting the weak environmental demand for external demand and the pressure on exports. The international market has not fully recovered, and trade friction has increased significantly in recent days. Especially in labor-intensive industries such as textiles and clothing, China's competitiveness has gradually been replaced by some Southeast Asian countries. This is a factor in the renewed weakness of exports.
2. The traditional superior products produce a certain squeeze. The share of China's labor-intensive products in the US and Japan markets decreased year-on-year, while the market share of similar products in some Southeast Asian countries increased in the United States and Japan. At present, the growth space for foreign trade is adversely affected by changes in the international trade pattern. On the one hand, developed economies have promoted the revitalization of their own manufacturing industries, which has caused some high-end manufacturing industries to return from China to developed countries. On the other hand, emerging economies have become more attractive to multinational companies by virtue of low-cost advantages such as labor and land. The pace of the rise of the middle and low-end manufacturing industry has accelerated, and the market share of China's traditional superior products has been squeezed.
Second, the international market demand is weak, the foreign trade price index fell on a month-on-month basis
In October, the foreign trade price index showed a downward trend. Among them: cotton and its blended fabrics foreign trade price index fell 12.39%, chemical staple fiber fabric foreign trade price index fell 37.21%, the tufted fabric foreign trade price index fell 8.03%, driving the foreign trade price index fell.
1. The price of mass products fell slightly. Textiles have always been an important economic pillar of our country and have been warmly welcomed in both domestic and overseas markets. However, the quality of products produced under ordinary production processes and low-cost raw materials is uneven and lacks in function, which is also the main reason for the decline in export prices. Due to the lack of technical talents and the low cost of capital, most production companies cannot keep up with the leading level at home and abroad when producing products. Most of the textiles produced are low in technical content and rare in function. Problems such as low quality can only be targeted at the middle and low-end market, and are easily restricted by foreign economic conditions and standard terms. At present, the downward pressure on foreign trade growth in Keqiao District of Shaoxing City is still relatively large. The foreign trade orders for mass products are insufficient, and the price is down.
2. The low-price competition in Southeast Asia has intensified and the profit margin has been compressed. Affected by the high labor costs of the domestic textile industry and the low-price competition in Southeast Asia, the orders of China's textile manufacturers have been seriously lost. Even more than 30% of overseas orders of some enterprises are being contested by Southeast Asia. Many SMEs are facing increased inventory. , the number of orders decreased, the price fell. Order loss means losing potential profits, which is a pity for China's textile manufacturers that are in the period of transformation and upgrading. In order to restore the order, enable the company to win the international market share and maintain the normal operation of the enterprise, some small and medium-sized enterprises with no product advantage will not hesitate to further reduce the profit margin when taking orders.
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