Textile And Garment Exports In Ningbo Are Getting Warmer

Since the government of Ningbo issued some opinions on promoting the construction of "brand capital", many textile enterprises in Ningbo have started to go.

According to statistics of Ningbo customs, Ningbo exported textile products in 1~10 months.

The export pattern was dominated by general trade. In 1~10 months, Ningbo exported $8 billion 670 million in textile and clothing in general trade mode, an increase of 18.7%, accounting for 87.5% of the total export value of the same period. The export volume of processing trade was 1 billion 200 million dollars, an increase of 24%, accounting for 12.1% of the total export value of the same period.

Private enterprises and foreign-invested enterprises are the main export force. In 1~10 months, private enterprises in Ningbo exported textiles and clothing 4 billion 710 million US dollars, an increase of 27.4%, accounting for 47.5% of the total value of exports. Foreign invested enterprises exported 3 billion 320 million US dollars of textile and clothing, an increase of 13.1%, accounting for 33.8% of the total value of exports.

The European Union and the United States rank the top two in the export market. Ningbo's textile and clothing are mainly exported to the European Union, the United States and other places. In 1~10 months, Ningbo exported $2 billion 830 million to the European Union and exported US $1 billion 570 million to the US, which increased by 18.7% and 7% respectively, accounting for 44.4% of the total value of Ningbo's textile and garment exports in the same period.

The textile and garment industry is not only the traditional dominant industry in Ningbo, but also the pillar industry of the local economy and the leading industry in the whole country. It has obvious advantages of industrial cluster and solid industrial foundation. The textile and garment industry has been playing a positive role in developing Ningbo's economy and promoting labor force and employment.

Since the government of Ningbo issued some opinions on promoting the construction of "brand capital", many textile enterprises in Ningbo have embarked on the brand internationalization route, and the export has shown a good rebound trend.

However, at present, the debt crisis of European and American countries is not yet over. The global demand recovery may still fluctuate, and exports are still full of uncertainties.

At present, the domestic textile and garment industry is facing the comprehensive cost rising due to the shortage of raw materials, manpower and electricity. The profit margins of enterprises are squeezed, the added value of textile and garment products is low, and the competitiveness is not strong.

In addition, as China's land, raw materials, labor and other comprehensive costs continue to rise, the cost advantages of Vietnam, India, Bangladesh and other neighboring countries are reflected, leading to the loss of labor cost advantage in China, and some European and American clothing orders began to shift to the surrounding new textile industrial areas.

Therefore, it is suggested to broaden the financing channels for private enterprises, improve the credit guarantee system of private enterprises financing, effectively solve the financing difficulties of private enterprises, encourage private enterprises to improve technological equipment, increase the intensity of independent research and development and development of new products and technologies, and speed up industrial pformation and upgrading; enterprises need to strengthen two-way development of domestic and foreign markets, promote the creation of independent brands in the process of internationalization, and vigorously develop new markets.