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Exports Of Clothing In Sichuan Declined Sharply In 1-7 Months.

2011/8/22 15:01:00 43

Decline In Garment Exports

according to Chengdu Customs statistics show that Sichuan exported $710 million in clothing and accessories (hereinafter referred to as clothing) in 1-7 this year, a sharp decrease of 42% over the same period last year. The main export markets of Sichuan clothing are the European Union, the United States and the United Arab Emirates. In 1-7 months, Sichuan exported 220 million dollars to the EU, down 2.6% from the same period last year, accounting for 31.8% of the total value of exports. The US exports to US $130 million, an increase of 19.9% over the previous year, accounting for 18.4%. Exports to the United Arab Emirates were US $40 million, up 6.8% over the same period last year; exports to Panama were US $30 million, a year-on-year decline.


Chengdu customs officials said that the main reason for the sharp decline in garment exports in Sichuan this year was 1-7 high production costs and trade. barrier And RMB appreciation. "Recently, domestic cotton prices are high. Linger The purchase of raw materials and the ex factory price of raw materials are obviously high and low, and the quantity of single stock is greatly reduced, and the production cost is significantly improved. In terms of labor cost, the wage increase of most small and medium enterprises is generally between 10% and 30%, and the wages of textile and garment industry Gain Especially obvious. In addition, the RMB appreciation and trade barriers also have an impact on Sichuan's clothing exports. "


 

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