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The Overseas Epidemic Is Out Of Control, And Foreign Traders Are Facing An Unprecedented Retreat.

2020/3/23 17:12:00 0

Foreign TradeRefund

"Jin three" should be the peak season for textile and garment industry. But now the industry has suffered an unprecedented blow because of a series of effects of the epidemic. Especially in the foreign trade enterprises, with the spread and spread of the overseas epidemic and the aggravation of the international financial market, the recent foreign trade orders have been suspended, postponed or even cancelled.

Under the global epidemic, withdrawals and abandonment are frequent.

For the textile and garment industry, the new crown pneumonia epidemic is spreading all over the world. The export demand for textiles and clothing products has declined passively, and domestic export orders have been greatly affected.

According to the information provided by a textile trader who cooperated with the global textile network, customers have cancelled or suspended orders due to the epidemic situation. For this reason, a factory has issued a notice to a single customer as follows:


An industry and trade integration enterprise that makes the special wide household textile fabric said: "the order concentration has been cancelled recently, because the single volume is very large, our recent general orders come from this customer, this causes our fund pressure to be very big."

"I was too worried to sleep at midnight. Italy has sealed up our country. We had several orders a few years ago. Recently, customers have notified all relevant orders to be suspended. Now, our warehouse is full of goods. I really don't know what to do. " A person in charge of a company "vomits water".

A fast fashion brand designated supplier also reluctantly said: "recently, there are so many brands and stores that our orders can not be spared. Just a few days ago, new orders have just been received, and cloth is quickly finished, but these days it has been cancelled again."

"At present, the domestic factories have basically resumed production, and the orders for years ago have been working overtime for more than two months, and they are busy shipping. Suddenly the news that the customer cancelled the order is not a big loss, because the company usually only receives 30% of the deposit from the customer, and the cost is out of reach. " A foreign trader said.

"The demand for textile and garment market is decreasing all the time. It is not just a matter of the United States. Overcapacity and order reduction may be more serious than last year." The trader had a worried look.

How to find new opportunities for development in crisis?

Facing the great uncertainty of the development trend of the global epidemic, the industry suggests that foreign trade enterprises can turn their attention to the domestic market and look for new growth points.

"We have not yet received the notice of cancelling the order this year, but the volume in the first quarter is much lower than that of last year. We will continue to develop the domestic trade well, and now the domestic epidemic is basically under control," he said. "This is probably a good opportunity for Italy." Similarly, a boss who made the export of nylon fabric also revealed: "single volume is reduced by 20% compared with last year. At present, the order can be achieved at the end of April. Next, the proportion of domestic trade will be considered more. But domestic trade also has disadvantages. Customers' repayment is longer than foreign trade, most of them are in 3 months or even longer. Therefore, domestic trade is not easy to do. This year's situation is really difficult."

It is true that in the absence of effective control of foreign epidemic situation, it is a good policy to shift the focus of business to the domestic market. However, enterprises need to understand that nowadays, the domestic market is already lacking in competition and the competition is fierce. The more the time is, the more attention should be paid to the quality of our products, so that we can have enough strength to win in the competition.

In addition, in view of the difficulties in the operation of foreign trade enterprises, a series of preferential and subsidy policies have been introduced by the government recently, so as to strive for the rights and interests of foreign trade enterprises and reduce losses, effectively help SMEs to tide over difficulties, and strive to promote steady development of the economy during the epidemic.

Summary

With the intensification of the new crown epidemic overseas, the downward trend of the global economy is increasing. This is a great leap forward for foreign trade enterprises, but even if the withdrawal is temporary, countries have issued a policy of saving the country, believing that everything will be better. The "golden three silver four" may not come in the traditional peak season, but as long as we try to manage our customers and orders well, running the company is not a problem. Wait until the second half of the world, spring flowers, and strive for more orders!

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