Analysis Of Foreign Trade Index In October

In October, the textile and clothing export volume of Keqiao District in Shaoxing continued to rise, and the textile export showed a month on month rise trend. Under the situation that the epidemic situation caused the international market to decline and the international supply chain was blocked, China's epidemic prevention and control took the lead in achieving positive results. Relying on a complete industrial chain, supply chain system and stable high-quality supply capacity, the textile industry not only made great efforts to ensure the supply of international anti epidemic materials, but also effectively made up for the gap in the international supply chain and met the consumption demand after the restart of the overseas economy The growth of China's population has accelerated. Many large-scale export-oriented textile enterprises in India can not guarantee normal delivery due to the epidemic situation, while European and American retailers transfer many orders originally produced in India to China in order to ensure that the supply of goods in Thanksgiving and Christmas season will not be affected. A large number of Indian textile orders have been transferred to China until May next year. Such a news, so that the epidemic situation in China's textile and clothing industry back to the spotlight of the market. In October, the number of foreign trade orders continued to increase compared with the previous month. The demand of East Asia, West Asia, the Middle East, Africa and the Americas continued to recover. The demand of South Africa, Brazil and other countries also recovered, and the partial orders of European countries continued to be issued. The international market continued to expand, export orders continued to grow, and the textile industry chain showed a "thriving" trend in October, which led to the rise of foreign trade prosperity index and foreign trade price index in 20201025.

1. The overseas market continued to push up, and the foreign trade boom index rose month on month

In October, the prosperity index of foreign trade and textile enterprises in Keqiao District of Shaoxing City rose month on month. In October, with the stable development of domestic trade, Keqiao Textile industry once again "bucked the market and rose". Among them, the business climate index of domestic textiles increased by 77.88% month on month, curtain and curtain business index increased by 86.85% month on month, and the foreign trade climate index of immersion, coating and coating textiles increased by 72.60%, which led to the rise of foreign trade climate index.

1. Shaoxing textile enterprises and Italian buyers "cloud" exhibition docking has achieved remarkable results.

The 5-day 2020 Zhejiang (Shaoxing Keqiao) export online trade fair (Italy Station - textile fabric workshop) was successfully concluded on the Zhejiang goods cloud exhibition platform, with remarkable results. According to the statistics after the exhibition, 22 exhibitors have sent samples for docking, and the intended purchase amount is more than 2 million US dollars. By the beginning of October, all these orders for the intended purchase amount were successively issued and delivered. A total of 59 Shaoxing Keqiao Textile enterprises were organized to participate in the exhibition, and more than 2000 products of bast fabrics, sports functional fabrics, woolen fabrics, denim fabrics, chamois fabrics, rib fabrics were exhibited. At the same time, exhibitors independently broadcast, live broadcast of hemp (including imitation hemp) and denim, special live broadcast of sports functional fabrics, and "one-to-one" video acquisition and supply And so on will be presented during the exhibition.

2. The order of export textile enterprises is increasing rapidly, and the key is to change "short-term" into "long-term". From September to October, some foreign trade companies were full of orders, mainly from countries along the belt and road. Although the number of travelling merchants affected by the epidemic situation decreased, the order volume remained stable. Because the epidemic situation in China is well controlled, the supply chain is stable, and besides the quality and quality of Keqiao foreign trade company, the first thing to bear the brunt is integrity. Overseas purchasers are willing to give orders to China Keqiao. Besides excellent quality and quality, Keqiao foreign trade company bears the brunt of integrity. In the past years, foreign businessmen came directly to the company to select and inspect goods on site. This year, affected by the epidemic situation, orders came from Egypt, Bangladesh and other Southeast Asian countries besides Europe.

3. The dyeing plant needs to upgrade after receiving orders and keep the leading position. Foreign trade enterprises are full of orders, and many printing and dyeing enterprises have been confirmed in the blue printing town of Keqiao district. Visiting the printing and dyeing cluster area, almost every printing and dyeing enterprise door is full of gray cloth, and trucks flow in and out. Since the beginning of September, some printing and dyeing enterprises in Shaoxing have produced their entire production lines at full capacity. The order volume is twice that of the first half of the year. Among them, foreign orders account for more than 70% of the total orders. All of them come from Vietnam, Laos, Cambodia and other Southeast Asian countries. The outbreak occurred in these two months. In addition to direct export, some printing and dyeing enterprises cooperate with garment factories in Shaoxing, Ningbo and Jiangsu to export to Europe, America and Southeast Asia.

Second, the price of export products rose on a month on month basis, while the foreign trade price index rose on a month on month basis

In October, the foreign trade price index showed a month on month rise trend. Among them, the foreign trade price index of cotton and its blended fabrics increased by 0.56% month on month; the foreign trade price index of household textile fabric for daily use rose by 0.78%; the foreign trade price index of curtain and curtain increased by 1.56%; and the total price index of foreign trade rose on a month on month basis.

1. Suppliers' bargaining power began to increase, and the export price index rose month on month. Due to the serious epidemic situation in India, it is impossible to guarantee the smooth delivery of goods. A large number of Indian textile orders have been transferred to China, and orders for home textiles and clothing have increased. The market has improved, the raw materials have increased greatly, and in the face of a wave of rapid appreciation of the RMB market, the right of suppliers to negotiate prices began to rise. Textile and garment enterprises in Keqiao district are refining, expanding and strengthening their main business. At present, most of the scale model enterprises are busy increasing varieties, improving quality and creating brands. The increase of foreign trade orders for innovative products pushed the export price index up month on month in October.

2. The market accelerated its recovery, and the export price index rose month on month. From the beginning of October, foreign trade orders began to soar, export enterprises mainly producing knitted fabrics increased the number of foreign orders, polar fleece, cashmere, flannel, sweater and other fabrics increased; additional orders in Europe and the United States, Japan and South Korea. This year, affected by the epidemic, the export volume decreased sharply before September, but by October, the export orders had recovered to 70% of the previous year. The market accelerated its recovery and the export price index rose month on month.

3. All factories are operating at full capacity, and the export price index is up month on month. It's very clear that the market is going up in October. Customers place orders frequently and order quantity is large, some large-scale export textile enterprises order production has been arranged to the end of December this year. A kind of cashmere fabric produced by an export textile enterprise in Keqiao was not intended to be the main product according to the market situation. However, it became a popular product in October, and the demand was in short supply. In October, the shipment volume increased by more than 60% year-on-year, and foreign customers waited for goods to be loaded every day. The export price index rose month on month.

Foreign trade index, forecast for the next three periods

For the export situation in November 2020, it is expected that the export of textiles and clothing will show a slight upward trend on a month on month basis. Under the background of global epidemic "pandemic", China has made great achievements in epidemic prevention and control, and macro-economy has taken the lead in recovery. The effects of the policies of "six stabilities" and "six guarantees" by the state to help enterprises to alleviate difficulties will continue to emerge, which will further improve the business environment, reduce the burden on enterprises, stimulate the vitality of market players, and push the economic operation of the textile industry back to normal track. On the other hand, it is necessary to take advantage of the "dual bridge effect" of textile industry, on the other hand, to enhance the competitiveness of domestic textile industry. In November, foreign trade orders are expected to continue to increase compared with the previous month. The demand of East Asia, West Asia, the Middle East, Africa and the Americas will continue to recover, the demand of South Africa, Brazil and other countries will continue to recover, and customer orders from European countries will continue to be issued, and foreign trade orders will still increase slightly month on month.