Taiwan's textile and apparel exports increase

Taiwan's textile and apparel exports increase According to the statistics of the Taiwan Ministry of Finance and Statistics, in June, the export value of Taiwan's textile and garment products was 997 million US dollars, up 6.2% year-on-year, and grew for two consecutive months. The foreign exchange earning amount was 762 million US dollars, which also increased for two consecutive months. According to statistics, in the export sector, the export value of textile and garment products in June 2013 was 997 million U.S. dollars, a decrease of 4.87% from the previous quarter and a year-on-year increase of 6.2%. After the annual rate of decline of 4.3% in April, the annual growth rate for two consecutive months was growing. . In terms of imports, the import value of textile and garment products in June was US$235 million, an increase of 4.44% from the previous quarter and a decline of 2.1% from the same period of last year; this was a three-month annual decline. In terms of trade surplus, the foreign exchange earned on textile and garment products in June amounted to US$762 million, a decrease of 7.41% from the previous quarter and a 9% increase from the same period of last year. The year-on-year increase was the second consecutive month after the 4.8% decline in April. In the first half of this year, the total value of textile and garment products exported was 5.827 billion U.S. dollars, 3.4% lower than the same period of last year. The value of imports was 1.541 billion U.S. dollars, which was 3.7% lower than the same period of last year. The amount of foreign exchange earned was 4.286 billion U.S. dollars, which was 3.3% lower than the same period of last year.

In the 1950s and 1960s, Taiwanese textile and apparel manufacturing had taken the lead in development. Since 1987, Taiwan’s clothing industry has gradually extended overseas, from Southeast Asia and South Asia, to southern Africa, Central America, and even some Pacific Islands. In the 21st century, Taiwan’s textile and garment industry has gradually entered the era of new-type composite product production. With the continuous expansion of the mainland market, the exchange and cooperation between the textile and apparel industries on both sides of the Taiwan Strait has deepened, and Taiwan’s textile and garment manufacturing industry has begun to shift its focus to ownership. Broad market motherland mainland.

Since January 1, 2013, the tax cut for the "Economic Framework Agreement on Cross-Strait Economic Cooperation" (ecfa) has entered the third phase, and many textile products have achieved zero tariffs. Taiwan's small and medium-sized garment factories may not necessarily set up factories on the mainland. They may set up factories in Taiwan where Keelung and Kaohsiung have shipping, and sell Taiwan-made textiles and clothing through mainland agents to the mainland market.

From the data point of view, Taiwan's textile and garment industry achieved breakthrough progress this year, while Taiwan’s industry cooperation with other regions in the country is also strengthening. Recently, the Taiwan Textile Industry Development Association visited Fujian Jinjiang for investigation and investigation and visited major local house companies. In this exchange of cross-strait counterparts, functional textiles were again hotly debated. "When standards have not yet been introduced, they can be certified by a third-party authority, giving functional textiles an 'identity card' to allow companies to get rid of the price competition of homogeneous products and to make the product's advantages more prominent." Secretary of the Taiwan Textiles Association Huang Weiji It is believed that textile companies must make efforts in the testing and certification of functional textiles.

It is worth mentioning that the “Haifanghui” also plays an important role in promoting industry cooperation between Taiwan and the mainland. This is the only mainland textile and apparel expo platform with the theme of “cross-strait”. After 16 years of development and accumulation, Fujian Shishi has become a bridgehead for the transfer of Taiwan’s textile and garment industry to the mainland. It will fully introduce overseas textile and apparel R&D, trade, and training. Relevant industries carry out apparel design, information technology exchange, talent training, innovative R&D, and international trade to further strengthen exchanges and cooperation between textile and garment industries in Fujian and Taiwan. The cross-strait textile industry will use this platform to share each other's R&D achievements and the latest products. At the same time, through numerous and close interactions, many textile companies have been able to find business opportunities and further accelerate the comprehensive exchange and cooperation between the textile industries on both sides of the Taiwan Strait.

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