• Analysis of Export of China’s Bags

Analysis of Export of China’s Bags

Analysis of export of China bags
1, the mix of the export products
From the export mix of China bags, "suitcases made of plastic or textile material, or small handbags" (tariff no. : 42021290)enjoy the highest export trade, with $9.487 billion in 2014, dropping 3.67% of the same period last year. Export reached 2.049 billion in 2015, rising up 7.56% from the same period last year. The second largest bag exporter is "handbag made of plastic or textile” (tariff no. : 42022200), exporting $6.472 billion, 3.07% down from the same period last year; In the first quarter of 2015, $1.469 billion has been exported, increasing 7.17% from a same period last year.
 
In addition, in the luggage exports, "suitcase, small handbag made of regenerated leather or patent leather" (tariff no. : 42021190) and "suitcase made of the regenerated leather or patent leather” (tariff no. : 42021110) rise fastest, increasing by 33.81% and 54.64%, respectively, in 2014. In the first quarter of 2015, export has grown 35.38% and 93.04% than the same period last year.
 
2, export price for per unit
In bag products exporting in China, the most exported are “suitcase and small handbag made of plastic or textile material" (tariff no. : 42021290) and "other similar ones made of plastic or textile material" (tariff no. : 42029200), boasting low unit price, and a showing a declining trend year by year. By the end of 2014, the number is respectively $7.21 and $8.03. In the first quarter of 2015 it has slightly rebounded.
 
While the products with highest price are “products made of leather and regenerated leather or patent leather"(tariff number: 42023100), in 2014, with the unit price $31.28, to the first quarter of 2015, the exporting has reached $36.95. Other products with high price are also leather luggage products.
 
From the point of per unit price of China's export products, now among the exporting bags, leather products has gradually been popular, the price has been increased with the growing of sales.

Analysis of Export of China’s Bags

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