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Textile Data Show That Clothing Exports Are Picking Up This Year.

2014/5/27 23:50:00 39

Textile DataClothing ExportsWarmer

Data show that in April of this year, China's a href= "//www.sjfzxm.com/" target= "_blank" > textile "/a" > a href= "//www.sjfzxm.com/" target= "_blank" > clothing > export > growth. From the 115th Canton Fair textile paction situation, cotton textile yarn, wool animal yarn, chemical fiber cloth and hemp gauze textile raw materials export growth, textile and clothing export situation is good.



Raw material export growth



According to the data provided by the China Textile Import and export chamber, in March this year, the total volume of textile and clothing trade reached 20 billion 920 million US dollars, an increase of 9.8%.

Among them, exports amounted to 18 billion 640 million US dollars, an increase of 11.5%; imports of US $2 billion 280 million, a decrease of 1.9%; the trade surplus of US $16 billion 360 million in the current month, an increase of 11.4%.

In 1~3 months, the total volume of textile and clothing trade increased by 64 billion 360 million US dollars, an increase of 0.9%.

Of which, exports amounted to 58 billion 130 million US dollars, an increase of 0.4%; imports of US $6 billion 230 million, an increase of 5.8%, and a cumulative surplus of US $51 billion 900 million, a decrease of 0.2%.



According to the data released by the General Administration of customs, exports of textile and clothing continued to grow in April, and gradually showed a good trend.

Exports amounted to $23 billion 760 million in the same month, an increase of 6.6% over the same period.

Among them, textile exports amounted to 10 billion 560 million US dollars, an increase of 9.4%, and clothing exports amounted to US $13 billion 200 million, an increase of 4.5%.

1~4 months, textile and apparel exports totaled 81 billion 880 million US dollars, an increase of 2.2%.

Among them, textile exports amounted to 33 billion 590 million US dollars, an increase of 4.3%, and clothing exports amounted to US $48 billion 290 million, an increase of 0.8%.



Reporters learned that as of May 3rd, textile raw materials exports amounted to 57 million 814 thousand US dollars, an increase of 3.3%, an increase of 95.4% over the same period last year.

The products that contributed much to the increase in the turnover were cotton yarn, wool animal yarn, chemical fiber cloth and linen cloth.



The growth rate of export market is different.



In the first quarter, the EU's performance was most active.

China's exports to the EU reached 11 billion 90 million US dollars, an increase of 10.2%, the fastest growing in key markets.

Among them, textile exports increased by 10.2% and clothing exports increased by 10.1%.

The total export volume of knitted and woven garments increased by 11.4%, while the average unit price dropped slightly by 0.9%.



According to the data provided by the China Textile Import and export chamber, China's exports to the United States increased by 2% in the first quarter, thanks to the gradual stabilization of the US economy.

Among them, textiles grew by 4.2%, clothing increased by 1.2%, and textile grew faster than clothing.

Export volume of knitted and woven garments decreased by 0.7%, and the average unit price increased by 1.9%.

In recent years, ASEAN has been the fastest growing market for textile and clothing exports in China, with an average annual growth rate of 30% in 2011~2013.

However, in the first quarter of this year, the export growth rate of ASEAN to China slowed down significantly, with an export volume of US $7 billion 280 million, an increase of only 1.3%.

In the early period, China's export of ASEAN exports declined by 6.7%, of which, the knitted and woven garments fell by 5.6%, mainly due to the fall in price, but the export volume was still 26.8%.

The responsible person of the China Textile chamber of Commerce indicated that textile exports increased by 7.1%, yarn growth by 8.2%, fabric growth by 3.6%, and finished goods by 16.6%.



RMB exchange rate stimulates textile exports



According to media reports, the renminbi has depreciated recently. Insiders say that the continued depreciation of the RMB has obvious stimulative effect on the export volume of labor intensive enterprises, such as textile fabrics whose profits are not high.

"The continued depreciation of the renminbi is beneficial to export enterprises."

The head of a textile foreign trade enterprise said that the calculation of the European and American orders, the continued depreciation of the RMB will bring 1%~2% profits to the enterprises.



Insiders believe that the dividend effect brought about by the devaluation of the renminbi can not help fabric exporters out of the predicament.

At present, the export mode of China's textile and textile enterprises is too traditional, and the mode of processing trade has not changed, making many enterprises less competitive and declining profits.

The fluctuation of exchange rate does not change substantially for the long term development of enterprises.

In order to become bigger and stronger, China's textile foreign trade enterprises should enhance their efficiency from the aspects of management, innovation and brand. Only in this way can the core competitiveness of enterprises be enhanced and the profit margins of products can be enhanced.


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