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Trade orders soaring in Jiaxing luggage and bags sector

Trade orders soaring in Jiaxing luggage and bags sector

Write: Montmorency [2011-05-20]
Despite production costs and sale prices increase but the more orders came to luggage and bags sector in Jiaxing city. According to Jiaxing Import and Export Chamber of Commerce the export in the sector grew 33.6% to US$405.1 million in the first three quarters this year. The growth of export topped more than 100% in companies of Xinxiu, Aimeide and Xinwei.
The luggage and bags worth US$ 390.42 million were sold to EU, USA and Asian countries, accounting for 95% of total local export value in the industry. In value terms the EU tops the first with 44.3% of total export share, the second is America with 29.4% on share. The exports to India, Russia and ASEAN countries also saw a strong growth.
Luggage and bags made in Jiaxing city draw more and more overseas buyers that is mainly because of our reasonable price and fashionable designing, but orders we received are more than of our production capacity that may cause the delaying of our delivering, said Mr. Tang Cailing, the responsible person of Pinghu Zhongcun Co.
CITATION http://www.chinaleather.org/eng/show.php?itemid=5564