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The Number Of Chinese Clothing Exports To The US Has Dropped Sharply.

2008/12/12 13:56:00 24

The economic recession triggered by the US financial crisis has flown on the other side of the ocean, and Chinese clothing exporters have suffered a "storm".

Recently, a survey released by Panjiva, a company specializing in the analysis of information on the loading list information of the United States Customs, showed that the global active suppliers to the US clothing market (3 months' shipments) fell from 22099 in July to 6262 in October, or more than 70%.

Josh Green, chief executive of Panjiva, said that these data "describe the tragic situation of global suppliers". (JoshGreen)

The latest Chinese customs statistics show that in November, China exported $15 billion 430 million of textiles and clothing, a decrease of more than US $1 billion 300 million from last month, a decrease of 7.85%.

It is understood that 60% of the existing suppliers to the US are from China.

According to the professional survey, in the past 3 months, Chinese clothing exporters who voluntarily or passively confession to the United States reached 10000.

中國(guó)出口商被迫“斷供”

Undoubtedly, the most direct impact of the financial crisis on China's real economy is export processing enterprises, especially labor-intensive low-end industries. The most representative one is the textile industry.

The Chinese purchasing managers index (PMI), which was announced in November, was 40.9, creating a new low since the index was founded.

The analysis points out that the reduction of foreign purchase orders has a great impact on the export of textiles and garments in China.

"Since July of this year, our exports to the US are almost at a standstill. 1 hours ago, we had called our American buyers who had 3 years' cooperation with us for the time being," he said.

In the past 5 months, the director of Zhejiang garment manufacturing company, who has not received orders, said that most of the American clients he had worked with had reduced orders, while some had shifted orders to Vietnam, Kampuchea and other countries.

In the survey of Fuzhou foreign trade forum, known as China's first foreign trade forum, half a year has not received more than half of the European and American orders.

According to the industry, under the tight procurement strategy of importers, even if the order received by the United States, the profit margins have also decreased significantly.

出口量減少75%

According to the Panjiva survey, 40% of the companies that still insist on shipping to the US market have cut 75% or higher shipments compared to the same period.

The head of the Export Department of a Shanghai trading company said, "US retailers have shifted orders on a large scale. Originally, our supply volume in 1 years could reach US $20 million, and only about 4 million 500 thousand US dollars this year."

The United States is the largest importer of clothing in the world. The proportion of textiles and clothing in the US import market is close to 30%. In the first half of this year, the reduction of US $1 billion 389 million in clothing imports accounted for us $583 million from the Chinese market, accounting for 41.97%.

Statistics released recently by the General Administration of Customs show that textile exports totaled 60 billion 409 million US dollars in 1~11 months this year, and clothing exports totaled 108 billion 700 million US dollars, with a growth rate of 18.1% and 3.1% respectively, representing an increase of 2.8 percentage points and a 19.1 percentage point decrease over the same period last year.

服裝出口明年或現(xiàn)零增長(zhǎng)

In the EU market, many textile exporters also feel pressure.

Insiders pointed out that, by the impact of the financial crisis, orders for textile and apparel in Europe and the United States may be reduced by more than 20% and above, which will directly reduce China's exports to Europe and the United States in the amount of 12 billion ~150 billion dollars, accounting for about 8% of China's textile and clothing exports.

If this trend can not be changed in the short term, the growth of China's textile and clothing exports will enter the downward channel, and zero growth or negative growth may occur at the end of this year or early next year.