Africa or into the textile and garment industry, the last piece of "value depression"

Time: 2015-04-12
Views: 63

When many Chinese garment enterprises for the foreign trade business suffered an impact, some Chinese businessmen have been planning to temporarily move their business to African countries, open up the local market at the same time, to avoid the adverse effects of changes in the economic situation. Global OEM industry chain from Europe and America to Asia, Japan, Korea, Hong Kong, Taiwan, and finally through mainland China, and now gradually turned to Vietnam, Cambodia, these Southeast Asian countries, and has been extended to Africa. Among them, the textile and garment industry is the most obvious.

Africa may be the last piece of textile and apparel industry, "value depression." All this from the global apparel market is becoming increasingly saturated and the expansion of the various business costs, and swept the global financial crisis played a role in fueling. "Our company is optimistic about the African business, Africa from Europe and the United States near the market, there are important cotton-producing areas, merchants are" very good cooperation. "" Quanzhou, Fujian Kaoruo Lin Garments Co., Ltd. Yao Qiao, director of trade with East and Southeast Asia Compared to East African countries, in addition to cheap labor, the cost of transporting clothing to Europe or the United States lower. In addition, the African countries in 2000 signed a special trade agreement with the United States, the US clothing to enter the African market is tax-free. With the development of the local cotton industry in Africa, local resources can be purchased to further reduce costs.

International giants such as H & M, Tesco and Primark have also started to buy from Ethiopia because the country has no minimum monthly salary limit. For unskilled workers, the monthly salary is only $ 35 to $ 40, significantly lower than Burma's. These foreign clothes are very popular in African countries, they are also rich local cheap labor and energy a lot of profit. Kenya's garment industry is also developing, although the country's monthly salary of about 120 US dollars, but the government to attract a wealth of incentives to these foreign investors.

The main participants in the world textile and apparel market and the important customers of the cotton market are mainly from Asia, of which China accounts for a large proportion. Textile and garment industry is one of the major pillar industries in Africa, Southeast Africa in Africa has the most dynamic textile industry, and is an important cotton-producing areas, in recent years attracted a lot of money Yaoqiao said: "Chinese enterprises for Africa Southeast countries have brought advanced technology and management methods to help enhance the local production process; and try to large-scale garment production process, to achieve the garment industry and related industries as a whole transferred to southeastern Africa.

 

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