Home >

There Are Big Differences In The Growth Rate And Source Area Of The Two Major Import Markets Worldwide.

2010/9/30 17:26:00 75

Global Import Market

In the first half of the year, import and export of textiles and garments in both European and American markets increased.


With the world economy getting rid of the impact of the financial crisis and recovering slowly, in the first half of this year, imports accounted for nearly two of the total 60% of the world's textile and clothing imports, including the European Union (about 41%) and the United States (about 17%). However, the increase in the two regions and the changes in the main source areas were all quite different.


According to EU statistics, the 27 EU countries in the first half of this year

Imported

Textiles and clothing totaled 76 billion 838 million euros, an increase of 1.6% over the same period, including 38 billion 228 million euros from the European Union, an increase of 2.1%, and an increase of 1.1% from imports of 38 billion 610 million euros from the European Union.

The reason for the small increase in imports is due to the debt crisis of Greece and other countries. The growth of real demand is limited, and the depreciation of the euro is not conducive to imports.

In the first half of the year, US imports of textiles and clothing totaled US $47 billion 127 million, an increase of 11.5% over the same period last year.


Since the beginning of this year, cotton and other textile raw materials prices have been greatly improved.

yarn

Cloth and other products are active and prices are rising.

Reflecting that in the first half of the year, the upstream textiles in the two major import markets of the European Union and the United States increased by 11.3% and 20.6% respectively, while the downstream clothing linked to actual consumption demand decreased by 2.6% and 9% respectively, compared with the same period.


Among the 20 largest countries imported from the European Union, the European Union ranked the first place in mainland China, with a slight drop of 0.6% (of which clothing was down by 5.2%), while the rest of the rest of Asia came from India, Pakistan, Vietnam and Thailand. The number of South Korea and China's Taiwan, which was mainly exported to high-end and functional fabrics, increased by two digits. But Bangladesh, Indonesia, Sri Lanka and Hongkong in China declined, with the largest drop in Hongkong in China, 10.4%.

Turkey, Tunisia, Morocco, Switzerland and other countries with regional advantages have increased.

The United States and Malaysia also had a larger growth rate of 13% and 16.4% respectively.


U.S.A

Imported

Among the 20 largest sources, half of the two digit growth was year-on-year, and those close to and larger than the total import growth rate were: China, India, Vietnam, Indonesia, Pakistan and Malaysia in Asia; Honduras, Canada and Salvatore with geographical advantages.

Compared with the previous year, there were Sri Lanka, Philippines and Hongkong in China, of which China's Hongkong decreased by 45%.

  • Related reading

Garment Export Enterprises Are Facing New Barriers To EU'S Clothing Trade Again

Market trend
|
2010/9/30 17:07:00
63

The Rise Of The Renminbi Is Fierce &Nbsp; &Nbsp; China'S Export Enterprises Are Miserable.

Market trend
|
2010/9/30 17:00:00
81

Shoe Machine Industry Encountered "Supply Difficult" &Nbsp; &Nbsp; Insufficient Capacity To Become "Heart Disease"

Market trend
|
2010/9/30 16:45:00
65

High End Shoes Will Explode The New Pattern Of Domestic Shoe Making Industry.

Market trend
|
2010/9/30 10:06:00
70

Cotton Prices Rose Sharply To Drive PTA Strong

Market trend
|
2010/9/29 23:42:00
86
Read the next article

What Is A Constituent Stock?

A constituent stock has a constituent stock of an individual index. If the index trend has an indicator function, the rise and fall of its share price will be noticed by investors. The change in the status of constituent stocks is also related to the rise or fall of share prices.