A Brief Analysis Of Foreign Trade Index In June 2012

2012 June foreign trade boom

At 1513.64 points, it increased by 1.76% compared with May, down 13.04% from last year's year, and the foreign trade price index closed at 123.49 points, up 1.36% from May, down 9.78% from last year's year; the foreign trade confidence index closed at 1022.08 points, down 2.73% from May.

In June 2012, the index of foreign trade prosperity showed a slight upward trend.

The growth rate of the textile industry is still down.

China in the first half of 2012

The company has faced many difficulties, and the situation in the second half of the year appears to be unclear.

In 2012, when the European economy continues to decline and the US economy continues to weaken, China's exports will face even more severe challenges.

At present, the industry generally believes that 2012 will be the most difficult year since the financial crisis. The weak export situation will continue, or even the trade deficit may occur.

In 2012, the operation of China's textile industry showed a trend of slowing down, the output of main products slowed down, the number of textile and garment exports increased negatively, and the growth rate of industrial profits dropped.

The textile industry will continue to face higher external risks. Further improvement of risk control and response capability will be the primary task of China's textile industry this year.

In 2012, the growth of major operational indicators of China's textile enterprises above Designated Size slowed down obviously, and production remained at a low speed growth.

The pfer of orders for medium and low end products is still more obvious.

Because the international market pressure is still large, plus domestic

At a high level, most enterprises are short of employment and wages increase by more than 15%.

Recruitment difficulties, unable to retain and improve the living treatment of workers, etc., have made the labor cost of enterprises showing a rigid upward trend.

As a result, some changes have taken place inside the industry. Many international buyers have pferred textile and apparel orders to Southeast Asian countries such as Vietnam, Kampuchea and Bangladesh.

But this kind of pfer is a product of some large staple goods, and it is a large scale production of medium and low grade products.

The pfer of these orders to Southeast Asian countries is still more obvious because of the obvious rise in labor costs in China.

Many factors restrict exports.

In June this year, the European and American debt crisis and the US economic recovery remain to be considered. The situation in Europe and the United States is not optimistic, and the market is still not confident about the future international trade environment.

The risk of exchange rate fluctuation that RMB appreciation may bring is also an important factor that the export enterprises dare not take up the list.

Shaoxing international marketing continues to expand.

Because of the weak international market demand, the international buyers' pfer of some textile and garment orders to Southeast Asian countries and the appreciation of Renminbi, some difficulties have been brought to Shaoxing's export enterprises.

With the reduction of the central bank's deposit and loan benchmark interest rate, some enterprises' financial pressure has eased slightly.

Because of the pformation and upgrading of products, the international marketing of creative fabrics continued to expand. In June this year, the export situation of Shaoxing County continued to show a trend of contrarian growth, which continued to improve compared with May.

Globalization has accelerated the expansion of export share.

China Textile City's "global coverage" series of docking activities has brought continuous customer resources to the market.

Many enterprises export gradually from the European and American markets to Asia, Africa and Latin America. With global marketing strategy, they consolidate the market share of ASEAN, the Middle East, Southeast Asia, South Africa and West Africa, open up Latin American market share in Brazil and Mexico, expand the share of emerging international markets such as Russia and Kazakhstan, and expand the export share of China Textile City.

With its rapid growth in international logistics business of the market storage and logistics center, its "inland direct clearance" has become the fastest inland port in Zhejiang's business development, boosting the market's share of export sales.

Exports of some textile products have risen.

This period of hemp and its blended fabric, chemical short fiber fabric, tufted fabric, household textile fabrics, curtain curtain, knitted crochet, and soaked, coated and coated textile foreign trade prosperity index have been pushed up unequal volume, and the overall foreign trade prosperity index has been promoted.

{page_break}

In June 2012, the foreign trade price index showed a slight upward trend.

The pace of pformation and upgrading has accelerated, and the added value of creative products has been boosted.

The textile industry is a key traditional industry in China. In order to promote the development of this industry in the new period of economic pformation, the textile industry "12th Five-Year plan" put forward a series of specific requirements for the progress and upgrading of textile technology, equipment and standards.

Among them, the development requirements of textile machinery and equipment, textile industry informatization, and other related products and technologies of the upstream industry of automation are undoubtedly also instructive.

Many textile and garment enterprises in Shaoxing have speeded up their pformation and upgrading, and the export of creative products has been expanding. The added value of goods and products has been boosted and the price index of foreign trade has picked up slightly.

The export price of creative products has been lifted slightly.

From the domestic point of view, the production costs of textile and garment enterprises show a rigid upward trend, and the pressure on them is increasing.

As the price of production factors such as labor force and the price of coal and electric resources increase, and the appreciation of the renminbi and other factors, the pressure can be imagined.

At present, the European debt crisis continues to have a great impact on textile and garment enterprises, and the cost of raw materials has no advantage in some Southeast Asian countries.

In view of the current severe export situation, it is urgent for foreign trade enterprises to find new stable markets and customers.

Many textile and garment enterprises in Shaoxing have continued to develop new international market share, and the export price of creative products has been lifted slightly, stimulating the price index of foreign trade to rise slightly.

The unit price of some textile exports showed a rising trend.

The foreign trade price index of cotton and its blended fabrics, linen and its blended fabrics, chemical short fiber fabrics, embroidery, curtain covers, and soaked, coated and coated fabrics increased unequal.

The foreign trade prosperity index is expected to increase slightly in July 2012.

Affected by the big environment, many small and medium-sized foreign trade enterprises in textile and garment industry are faced with problems such as poor financing, high financing cost and unstable order quantity. Especially for export processing enterprises, under the condition that RMB appreciation expectations still exist, the ability to resist risks is weak.

In the future, the textile industry should actively cope with the challenge of the market. The large enterprises should change from the scale growth to the benefit growth, and the small enterprises should adjust to the direction of doing fine, strong and special.

The competition in the future textile industry is increasingly reflected in the core competitiveness of the industry and the creativity of its own brand, which puts forward new requirements for the composition and quality of the industrial elements. The innovative labor, creativity and fashion orientation based on knowledge and technology will become an important aspect for the Chinese textile industry to win the opportunity in the future.