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May Foreign Trade Index: International Market Variables Increase, Foreign Trade Marketing Price Rises Or Falls.

2019/6/6 21:20:00 253

Foreign TradeIndexProsperity IndexPrice IndexConfidence Index

In May 2019, the foreign trade prosperity index closed at 745.70 points, a decrease of 1.95%, a rise of 7.34% compared with the beginning of the year, a decrease of 4.69% compared with the same period last year. The foreign trade price index closed at 165.04 points, rising 1.92%, up 5.14% from the beginning of the year, rising 9.38% over the same period, and the foreign trade confidence index at 1316.28 points, a decrease of 0.76% over the same period.

In May, the export volume of textile and clothing in Keqiao District of Shaoxing was shrinking, and textile exports showed a downward trend.

The Sino US trade frictions escalated, the two countries imposed tariffs on each other, domestic textile export orders were blocked, demand weakened, and supply chain production and marketing were slack.

The Sino US trade war has brought certain fluctuations to the domestic and foreign markets, and the textile industry has been put in jail again.

Export textile enterprises have further accelerated their pformation and upgrading. Trade between China and the countries along the "belt and road" has become a growth highlight of foreign trade and import and export. The construction bonus of "one belt and one road" helps Keqiao textile and foreign trade development, and the export price of textile and clothing has been boosted. Keqiao textile and garment export enterprises have leapt from the low end to the middle and high end, and strive to explore fashion trade, fashion design, fashion products, and constantly extend the fashion industry chain. The export prices of innovative products are rising, resulting in the 20190525 phase of the foreign trade prosperity index decreasing, and the foreign trade price index rising.

Sino US trade friction upgrading

Foreign trade climate index fell

In May, the prosperity index of foreign textile enterprises in Keqiao District of Shaoxing city decreased, because the trade frictions between China and the United States were escalated, and the procurement of overseas buyers was partially shrinking.

Among them: the foreign trade prosperity index of chemical fiber filament fabrics decreased by 0.66%; the foreign trade prosperity index of soaked, coated and coated textiles decreased by 3.65%, and the index of stimulating foreign trade prosperity declined.

1, the trade friction between China and the United States has escalated, and the textile industry has been put in jail again.

In May 9, 2019, the US government announced that since May 10, 2019, tariff rates on goods imported from China for 200 billion US dollars have been raised from 10% to 25%.

The US side's measures have led to the escalation of trade frictions between China and the United States. China has to adjust tariff measures to some imported commodities originating in the United States.

Since 0 o'clock in June 1, 2019, the tariff rate has been raised on the part of us merchandise which has been added to the tariff of $60 billion.

The trade friction between China and the United States has been escalated, and the export orders of textile enterprises have been affected. The market wait-and-see sentiment is less than that of some textile factories.

The trade war between China and the United States has made the market's expectations of consumption gradually pessimistic. Recently, the US orders which had been on the lower reaches of the near future have been lifted due to the escalation of trade frictions between China and the United States.

2, the United States has a high degree of dependence on China's textile and clothing imports.

Under the influence of Sino US trade war, the market is pessimistic and the spread of caution is spreading, and downstream orders are reduced again.

The United States has a high dependence on China's textile and clothing imports. In the short term, whether it is pferred to Southeast Asian countries or domestic production, it will take some time to replace China completely, so it will still have some textile and clothing exported to the United States, but the volume will be significantly reduced.

The price of innovative products is rising.

Foreign trade price index rose

In May, the foreign trade price index showed a rising trend.

Among them, the foreign trade price index of chemical staple fabrics increased by 4.80%; the price index of embroidery and foreign trade increased by 7.08%; the foreign trade price index of soaked, coated and coated textiles increased by 3.09%, and the total price index of foreign trade increased.

1, the "one belt and one road" textile and garment export brings opportunities.

Compared with the fluctuations in the traditional European and American markets, the overall export of textiles and clothing in China along the "one belt and one road" is more stable. Besides the rise in trade volume, the "one belt and one road" initiative also brings opportunities to the textile industry.

Since the "one belt and one road" initiative was put forward, China's textile and clothing exports to the "along the way" along the frequent highlights.

Affected by the implementation of the "one belt and one way" initiative, China's clothing exports to some emerging markets have increased rapidly. China's clothing exports to Saudi Arabia, Kyrgyzstan, Philippines, Kazakhstan and Iraq have increased, and new export markets are being developed and nurtured.

China's textile and clothing exports have increased, including textile, raw materials and textile products in Vietnam, Pakistan, Indonesia, Thailand and Kazakhstan.

China's growth in the export of textile raw materials and textile products along the "one belt and one way" part of the country has a positive effect on the overall export.

The countries along the belt have brought new opportunities for export-oriented export enterprises.

Pulling the price index of foreign trade increased.

2, cooperate with the countries along the "one belt and one road".

As a big textile city, Shaoxing is the largest textile production base and printing and dyeing base in Asia.

Shaoxing's textile industry mainly includes five major industries, including chemical fiber, weaving, printing and dyeing, clothing and textile machinery.

At present, Shaoxing has revolves around the idea of "green high-end, world leading" and "leading leading, collaborative innovation and overall leap forward", and has made solid efforts to promote the upgrading of the traditional manufacturing industry, upgrading and upgrading of the printing and dyeing industry at the two provincial level, upgrading the textile industry with advanced technology, modern system, cultural and creative pformation, focusing on extending the industrial chain, reinforcing the innovation chain and enhancing the value chain, and effectively promoting the development of the textile industry's high, intelligent, green and branding.

3, actively promote the "Silk Road Keqiao global" strategy.

According to the industrial advantages and characteristics of Keqiao District, China Light Textile City actively promotes the strategy of "Keqiao of Silk Road covering the whole world".

One is to "go east" one by one, with the focus on holding the exhibition of self exhibition and precise acquisition and supply for the countries along the belt and road.

At present, the two self run exhibition has been successfully held in Burma, and it has been held in Naples, Prato, Pakistan and Korea in Italy to strengthen the industrial cooperation between Keqiao and the countries along the "one belt and one road".

The two is "West", facing the high-end market in Europe and America, focusing on the establishment of "Shaoxing Keqiao Pavilion" in the high-end markets and famous exhibitions such as the US and Italy.

At present, Keqiao's first overseas fabric exhibition hall, "Keqiao road Milan Pavilion", has opened in Milan, Italy.

At the same time, we need to strengthen interaction between Keqiao and overseas markets. We will introduce 80 European creative companies, 100 European designers and 100 European apparel brands to China in 2020. We are planning to introduce 100 European designers and 100 European apparel brands. At present, the platform has become a new engine for the development of textile fashion industry in Keqiao, and a new position in the forefront of European fashion.

The three is facing the domestic, focusing on the establishment of China's Textile City O2O exhibition hall in the main textile industry cluster, carrying out "Silk Road Keqiao" into cluster and entering brand activities.

At present, it has established strategic cooperation with textile industry clusters such as Guangdong, Shenzhen, Humen and Hangzhou.

The price index of foreign trade is rising.

Forecast of next stage foreign trade index

For the export situation in June 2019, Sino US trade frictions were escalated, domestic textile export orders were blocked, demand weakened, and supply chain production and marketing remained slack. It is estimated that textile and garment exports will decline in June.

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