Devaluation Of Clothing Export Profit Margins Rise?

Recently, the depreciation of RMB is good news for our export enterprises.

Many families

People in charge of clothing export enterprises generally indicated that the depreciation of the RMB can improve the business.

Profits, the number of orders for textile and garment export enterprises will increase in the future.

Increase in revenue and order growth

Recently, from many textiles

The person in charge of the enterprise understands that the depreciation of the RMB will drive the number of export orders.

"For our clothing export enterprises, devaluation of the renminbi is a good thing.

Our company mainly trades in various kinds.

, blended fabric, cotton polyester, woolen cloth, fur and so on.

Made of many varieties of clothing.

At present, the products are exported to many countries and regions such as the United States, Canada, Australia, Europe, Japan, Southeast Asia and the Middle East.

With the depreciation of RMB, the order quantity of foreign purchasers will be improved.

Mr. Li, director of a textile and garment export enterprise in Hangzhou, said.

"The change of RMB exchange rate has a great impact on textile and garment export enterprises, mainly reflected in the export earnings and profits of enterprises.

The depreciation of RMB can raise the export profits of enterprises. Last Thursday, we received a loan of tens of thousands of yuan more than before.

The head of a textile and garment export enterprise in Huanggang, Hubei Province, said the company mainly exports windbreaker, jacket, suit and so on.

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The main export markets for men and women are woven in Japan, Greece, Italy, Canada, the United States, Australia, the European Union and the Middle East.

"From the current situation, the rise in the volume of orders brought about by the depreciation of the renminbi has not happened yet, but I am very confident about the rise in export orders in the future."

Mr. Han, head of a textile and garment export enterprise in Guangzhou, said.

Although many textile exporters believe that the depreciation of the renminbi will increase the number of export orders, there are also some insiders who believe that the role of devaluation will play a limited role in improving the volume of export orders. The increase or decrease in the international market demand will directly affect the quantity of export orders.

"I believe that no matter how the renminbi depreciates, the overall demand in the international market remains sluggish, and the export volume of textile and garment enterprises is also unlikely to increase significantly."

An unnamed textile and garment export company official said.

Pressure on export enterprises in the first half year

It is understood that when the RMB appreciates, the pressure of our textile and garment export enterprises is very large, the export profit margins are narrowed, and the number of export orders continues to decline.

"Our products are mainly exported to the United States, Canada, Europe, Brazil, Argentina, Japan and other countries and regions.

In the first half of this year, the export volume of enterprises has declined. Due to the appreciation of the renminbi in the first half of the year, the export profit margins of the enterprises have been narrowed down, and the enterprises are feeling the pressure of operation.

The head of a textile and garment export enterprise in Qingdao said.

"Our enterprises have their own brand products, and also do OEM processing. From the first half of the export situation, the export volume of independent brand products is more than that of OEM products.

Affected by the appreciation of the renminbi in the first half of the year, the price advantage of our OEM products in the international market has weakened, and the volume of orders has decreased significantly.

The head of a garment export enterprise in Ningbo said.