Mixed export recovery



Under the relatively sluggish foreign trade import and export situation, the export of labor-intensive products in Xiamen and even Fujian was the first to pick up. According to Xiamen Customs statistics, from J…

Under the relatively sluggish foreign trade import and export situation, the export of labor-intensive products in Xiamen and even Fujian was the first to pick up.
According to Xiamen Customs statistics, from January to May this year, Fujian Province exported seven categories of traditional labor-intensive products: textile yarns, fabrics and products, clothing and clothing accessories, furniture and parts, bags and similar containers, footwear, plastic products, and toys. Products totaled RMB 101.84 billion, a year-on-year increase of 0.9%.
However, the reporter noticed that the growth rate of export products is not directly proportional to the growth rate of export prices. Take Fujian’s most important labor-intensive export product, textiles and clothing, as an example. From January to May, it accounted for nearly half of the province’s exports, but it still fell by 2.7%.
From the perspective of trade objects, the United States and the European Union are the most important export markets. From January to May, exports were 22.84 billion yuan and 22.55 billion yuan respectively, an increase of 9.8% and a decrease of 8.7%. The above two combined accounted for Fujian’s labor-intensive products in the same period. 44.6% of the total export value.
Xiamen occupies half of the country. According to Xiamen Customs sources, from January to May, Xiamen exported 47.39 billion yuan of traditional labor-intensive products, an increase of 5.2%, accounting for nearly half of Fujian’s total export value of labor-intensive products during the same period.
Although the export rate of labor-intensive products has rebounded, although it has currently improved the confidence of Xiamen factories, this is still not a long-term solution. “Labor-intensive products have low added value and are highly dependent on exports, which are all constraints to Xiamen’s rapid development.” Industry experts analyzed.
Therefore, operators still need to increase investment in scientific research, increase the added value of products, and improve the brand reputation and competitiveness of products. This is the long-term solution for the development of Xiamen’s manufacturing industry.

This article is from the Internet, does not represent Composite Fabric,bonded Fabric,Lamination Fabric position, reproduced please specify the source.https://www.yjtextile.com/archives/11215

Author: clsrich

 
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