Prospects of China’s garment foreign trade industry in 2022

Despite China’s novel coronavirus pneumonia epidemic situation, the rise of trade protectionism and the rapid and restructured international supply chain, the Chinese foreign trade still delivered a brilliant “report card” in 2021.

In the first 11 months, China’s total import and export reached US $5.48 trillion, a year-on-year increase of 31.3%. It is estimated that this year’s import and export is expected to reach US $6 trillion, an increase of more than 20%; China will cross the “two trillion” dollar mark and become the world’s largest trading country.

From the macro level, the state’s support policies and some good measures for enterprises will continue to be implemented and released. Governments at all levels have successively launched a set of measures to stabilize foreign trade.

From the enterprise level, the transformation and upgrading of traditional foreign trade to new formats and models has become the mainstream. Despite the rise of sea freight, exchange rate and raw materials, it is difficult for small and medium-sized enterprises to survive, but it also forces them to transform and upgrade!

As far as our clothes are concerned,

Recently, the epidemic situation in Southeast Asian countries is relatively serious, especially Vietnam, as the manufacturing transfer place of many multinational companies, many factories are shut down, so many orders are transferred to domestic manufacturers

On the whole, from all aspects, the trend of foreign trade industry in 2022 is generally good!


Post time: Mar-21-2022