Chinese clothing production costs rise Spanish companies consider relocation
According to Spanish media reports, due to the increasing cost of producing clothing in China, Spanish clothing manufacturers have turned their attention to Morocco, Turkey, Romania, Hungary and other countries. According to data, the cost difference between producing clothing in China and Spain has dropped from 45% to 15% from 2009 to 2010. INDITEX, Spain’s largest clothing manufacturer, has transferred more than 50% of its clothing production to Europe and North Africa, and its proportion in Asia does not exceed 35%. The main reasons: (1) Spanish import tariffs remain high. At present, Spain’s tariff on textiles imported from China is as high as 12%, which is much higher than that of Bangladesh and India; (2) The distance is long. Shipping from China to the West takes 5-6 weeks, and it only takes 5-6 days from North African countries to Spain; (3) The dispute over the exchange rate between the RMB and the US dollar has made Spanish manufacturers deeply uneasy; (4) China is in a period of technological transformation, and its products have changed from low value-added products to With the transition to high added value, labor costs have increased, and the new generation has increasingly higher requirements for working environment and working conditions. Many local Chinese companies have shifted their production plants to neighboring countries with cheap labor; (5) The policy of expanding domestic demand has caused Chinese garment companies to accept foreign products. Orders have dropped significantly, conditions have become increasingly stringent, and minimum order quantities have continued to increase.
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