Review: Before The Shenzhen Port, Textile And Garment Exports Slowed Down In May Compared With The Same Period Last Year.

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Total clothing and clothing accessories totaled $6 billion 620 million, down 8.2% from the same period last year, and the decline has narrowed by 2.6 percentage points from 1 to April this year.

According to the briefing, the textile and clothing export of Shenzhen port has been showing signs of stabilization and recovery for 2 consecutive months. In April, the volume of exports increased by 1.2% for the first time, and 1 billion 510 million US dollars in May, up 1% compared with the same period last year.

Shenzhen customs experts said that recently, the state has issued series of policies and measures, such as raising export rebates for textile and clothing, and reducing the entry exit inspection and quarantine fees of textile and garment products, so as to enable enterprises to reduce export costs and enhance export enthusiasm.

In view of the threat of falling external market demand, Shenzhen customs experts suggest that the rising prices of upstream raw materials such as cotton will cause greater pressure on the textile industry, which should arouse the attention of relevant departments and take measures to increase supply and reduce production costs. Textile and garment enterprises should also speed up structural adjustment and actively explore new markets.