Blog: Leonie BarrieChina's competitiveness success

Leonie Barrie | 8 August 2014

If evidence were needed as to how China's competitiveness is holding up, look no further than the latest US apparel import data.

For all the talk about buyers fleeing the country amid concerns over rising costs, China booked a 2.2% rise in the volume of its apparel shipments to the US during the first-half of the year to 4.49bn SME.

The data also seems to suggest China has once again managed to offset fears about rising prices, with average unit cost continuing to fall. The average price fell 1.4% year-on-year in the six months from January to June to $2.76, as higher worker wages are being offset by training, investment in cutting edge capital equipment - and the resulting productivity gains.

Indeed, a simple calculation shows China's average cost compares with $2.8 last year - and an average unit price of $3.16 across all apparel imports into the US in the six months from January to June.

And most surprising of all? China's unit prices are now lower than those from Bangladesh - one of the world's lowest cost clothing producers - whose average apparel costs on shipment to the US rose 2.8% to $2.94 in the six months to June.

Click on the following link to read: ANALYSIS: US apparel imports show continuing China competitiveness.

BLOG

Apparel sourcing rules under NAFTA 2.0

The new United States-Mexico-Canada Agreement (USMCA) – also dubbed NAFTA 2.0 – has finally been agreed, but what does it mean for apparel sourcing? Here we take a close look at the new apparel-specif...

BLOG

Trade tremours continue to reverberate

Following more than a year of talks, the United States, Canada and Mexico have reached agreement on a renegotiated North American Free Trade Agreement (NAFTA) – which will be called the United States-...

NEWS

Steps to elevate women to top supply chain roles

An industry-wide organisation for senior-level women in the supply chain field has a released a 16-point agenda to help women progress to top levels of leadership in the profession....

BLOG

New customisable options for consumers

Italian sportswear firm CP Company is looking to tap into the growing demand for customisable apparel with a 'Bespoke' project that allows customers to select their preferred colour in its signature g...

BLOG

Are fashion and sustainability out of step?

The global fashion industry is on a trajectory set to stretch planetary resources beyond breaking point unless it finds better ways of producing, using and disposing apparel....

just-style homepage



Forgot your password?