After the outbreak of the epidemic in the past two months, the weaving industry has generally reported that European inquiries have increased significantly recently. Some factories even said that they have received their first foreign trade orders after the year. This shows that many European countries have begun to return to normal. Economic Activity Plan.
Although the export dependence of polyester filament in 2019 is only 11.26%, and the overall export countries are relatively Although China, India, Bangladesh, Vietnam and Turkey are the world’s five largest exporters of textiles and garments, the development of public health events in each country is also a major factor affecting future foreign trade orders.
Worldometers real-time statistics show that as of 12:45 on May 12, Beijing time, the cumulative number of confirmed cases of the global epidemic has exceeded 4.25 million, reaching 4,256,024, and the cumulative number of deaths has exceeded 287,000 cases, reaching 287,332 cases. The cumulative number of confirmed cases of the epidemic in the United States exceeds 1.38 million in the world, reaching 1,385,834, and the cumulative number of deaths exceeds 81,000, reaching 81,795.
The following editor will show you the current resumption of work abroad from the top 13 exporting countries that accounted for 75.47% of the total export volume of polyester filament in 2019.
China’s textile and clothing exports mainly flow to the European Union, the United States, Japan and South Korea and other countries. At present, various orders in Europe are increasing slightly, and the overall epidemic situation in Japanese and South Korean orders is The impact is not significant, and the U.S. economy is also promoting recovery. It is expected that the total export volume may depend on trade barriers. In addition, orders from Mexico in South America increased slightly, and in Turkey in the Middle East, except for the outbreak period, the lira’s exchange rate against the US dollar fell to a new historical level, which is also not conducive to my country’s exports.
In summary, foreign trade orders are gradually recovering, and it is expected that some new foreign trade orders may be added by the end of May. Affected by the global epidemic, new orders may be relatively slow in May and June. When the epidemic is relatively stable, the market turning point may appear in the third quarter. </p
