In the global financial crisis, this year 1-2 months, Inner Mongolia, a slump in imports and exports, but the textile and garment, footwear, headwear exports rose contrarian.

March 18, reporters from the Customs that Hohhot, Inner Mongolia’s imports and exports in November last year has been 4 months dropped significantly in February this year, one to import and export value was only 650 million U.S. dollars, with the decline in the same period last year 48.21%. Among them, the imports of 393 million U.S. dollars, down 55.1 percent; exports 259 million U.S. dollars, down 32.56 percent. This year, 1-2 months of imports of mineral products in Inner Mongolia, timber, machinery and electronic products, export of steel, machinery and electronic products import and export of traditional bulk commodities, such as the import and export volume both decreased substantially. But at the same time, textile and garment, footwear, headwear and contrarian on exports. Clothing exports 31,275,000 U.S. dollars, 3,413,000 U.S. dollars footwear, headwear 306,000 U.S. dollars, respectively, compared with 79.64 percent increase over the same period last year, 220.96%, 48.97%.

According to analysis, Inner Mongolia, textile and garment, footwear, headwear exports rose sharply for three main reasons: these products are closely related to daily life and ordinary consumer goods, with the financial crisis deepens, people’s day-to-day expenses become frugal and cautious, more tend to buy cheap merchandise; after years of continuous development of our country has now become the main textile and garment production base, technology, quality and grade of products are rising, prices are also a strong advantage; from the country since August last year To promote exports, has 4 large-scale increase in export tax rebates, mainly related to textiles, clothing and other labor-intensive products, to a certain extent on reducing the cost of export enterprises, improve the market competitiveness.

Relevant agencies have suggested that the Inner Mongolia clothing, footwear, headwear enterprises should make full use of the country introduced policies to promote the development of foreign trade. Governments at all levels should be strengthened to support the textile industry to help enterprises and adjust operating structure, the development of deep processing, to create integrated competitive advantage. At the same time, strengthen the quality control of export commodities and enhance their competitiveness, find, develop and cultivate new markets, promote exports.