Shanghai'S Apparel Imports Grew By Two Digits, With Imports Of $2 Billion 250 Million And An Increase Of 15.2%.

< p > according to the Shanghai customs statistics, in the three quarter of this year, the total import value of customs customs area in Shanghai decreased from the same period last year. The import of < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > and accessories (hereinafter referred to as "clothing") increased by two digits, and the total import value was 2 billion 250 million US dollars, an increase of 15.2%.

Among them, imports from ASEAN amounted to 540 million US dollars, accounting for nearly 1/4 of total imports, an increase of 49.7%.

Analysts believe that the cost advantage of the ASEAN region is the main reason for the rapid growth of clothing imports.

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< p > data show that the EU is still the largest import market. In the first three quarters of this year, Shanghai customs customs import clothing from the European Union 830 million US dollars, an increase of 9.1%, accounting for 36.7% of the total value of garment imports in the same period.

Among them, imports from Italy amounted to 500 million US dollars, an increase of 7.5%, which is the largest source of clothing imports in Shanghai customs area.

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During the same period, the growth rate of imports from ASEAN and Bangladesh was higher than that of the general average. The growth rate of imports from ASEAN was 34.5 percentage points higher than that of the whole area in the same period.

Among them, imports from Vietnam amounted to 240 million US dollars, an increase of 74.9%.

In addition, imports from Bangladesh increased by 32.3% to $120 million.

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In the first three quarters of this year, 24 million 203 thousand items of cotton knitted or crocheted T-shirts, sweaters and vests were increased by 37.5%, and the average price of imports was $4.4 per piece, down 5.5% in the first three quarters of this year in Shanghai.

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< p > customs related personages believe that there are three reasons for the growth of clothing imports in Shanghai customs area: < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a >: < /p >

< p > one is the pfer of some garment processing industry to Southeast Asian countries after the rise of domestic cost. With the start of China ASEAN Free Trade Area since 2010, China's trade tariffs on ASEAN have been greatly reduced, which also makes ASEAN imports more costal advantages.

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< p > two is the rapid spread of multinational brand stores, which has led to the increase of clothing imports.

With the launch of multinational brand stores such as UNIQLO, H&M and ZARA in China, Bangladesh and India have attracted large quantities of orders with cost advantages, leading to sustained and rapid growth in China's clothing imports.

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< p > three is the strong demand for domestic consumption, driving the high-end brands in Europe: < a target= "_blank" href= "//www.sjfzxm.com/" > dress < /a > Import continues to grow.

It is reported that the impact of the European consumer market weakness, the major international high-end apparel brands have greater investment in China's luxury market, such as lansiwear, Prada, Ferragamo and other brands have opened new stores in China.

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