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In The First Half Of 2011, The Import And Export Of China'S And ASEAN'S Textile Products Increased By 40.8%

2011/8/26 13:27:00 42

China ASEAN Textile Imports And Exports

In 2011, the China ASEAN Free Trade Area (CAFTA) has established 1st anniversary as the world textile.

Clothing trade

The most active countries and regions, the implementation of the free trade zone has promoted the rapid growth of bilateral import and export trade.

In the first half of this year, ASEAN was most eye-catching in several major export markets of China.

According to the statistics of China Customs, the import and export volume of textile and clothing between China and ASEAN reached 1~6 US $10 billion 230 million this year, an increase of 40.8% over the same period last year, of which 9 billion 300 million US dollars were exported, 41.1% increased, and imports 930 million US dollars, an increase of 38%.


At present, ASEAN has become one of the fastest growing regions of China's textile and clothing exports.

In 2010, when the China ASEAN free trade area was implemented, China's exports to ASEAN textiles and clothing amounted to 14 billion 810 million US dollars, up 35.7% over the same period last year.

In 2011 1~6, textile and garment exports increased further, reaching 9 billion 300 million US dollars, an increase of 41.1%, exceeding the average growth rate of 25.8% over the world, accounting for 8.3% of China's textile and garment export share. For the first time, it surpassed Hongkong, China, ranking fourth in the export market, and 2 percentage points higher than the share before the implementation of the 2009 FTA.

Ranked by the state, Vietnam ranks ninth among the top 30 export markets in China, seventeenth in Indonesia, seventeenth in Malaysia, twenty-eighth in Philippines, and 29 in the list.

The remaining four countries ranked thirty-first in Thailand, thirty-fourth in Singapore, forty-second in Kampuchea, and fifty-fifth in Burma.


Since the beginning of this year, due to the rising labor costs in China, European and American garment manufacturers have begun to pfer orders to ASEAN countries.

Despite the rapid development of the textile and garment industry in ASEAN countries in recent years, the production level of some textile enterprises is still unable to meet the requirements of European and American businessmen.

At present, China has become

ASEAN

The largest supplier of fabrics in the region.


In the first half of this year, China accounted for the highest share of textiles and clothing exports to ASEAN, reaching 50.9%, with an export volume of 2 billion 985 million meters, an increase of 17.5%, and an export amount of 4 billion 730 million US dollars, an increase of 53.1%.

Among them, the largest export volume of cotton cloth, exports 750 million meters, an increase of 9.6%, the export volume of $1 billion 470 million, an increase of 54.5%, followed by the export of chemical fiber cloth 1 billion 300 million meters, exports amounted to 1 billion 440 million US dollars, an increase of 24.8% and 57.8% respectively.

Clothing accounted for 23.6% of the export share, exports amounted to US $2 billion 190 million, an increase of 15.7% over the same period last year, and the export of cotton garments increased significantly. Cotton knitted fabrics and knitted apparel increased by 74.5% and 31.7% compared to the same period last year.

Exports of manufactured goods and yarns were 1 billion 710 million and 660 million US dollars, up 45.7% and 53.1% respectively.


The demand for textiles in ASEAN countries is largely due to the increase in orders in the European and American markets.

China, the largest importer of textile and apparel in the United States, has fallen for the first time in the first 5 months of this year, down from 41.91% in the same period of 2010 to 41.74% this year, of which clothing accounted for 2.6 percentage points.


EU customs data show that in 2011 1~4, Vietnam was the eighth largest supplier of the European Union; Indonesia was ninth; Malaysia was fourteenth; Kampuchea was the 17 largest supplier.

The total share of the 4 countries in the EU rose from 5.28% in 2010 to 5.5% at present.

China's share of the EU dropped from 42.52% to 39.72% over the same period.


In addition to Brunei and Laos, China's textile and clothing exports to the remaining 8 ASEAN countries increased in the first half of this year.

Exports to Vietnam, Indonesia, Kampuchea and Burma are increased by 51%~64%, and exports to Malaysia, Philippines, Thailand and Singapore

Increase

Between 14%~36%.


The rising price of raw materials and the rising cost of labor have pushed up the export prices of textiles and clothing to a certain extent.


In recent years, with the rapid growth of ASEAN exports, China's imports of textiles and clothing from ASEAN also showed a relatively fast growth momentum.

In 2010, imports of textiles and garments from ASEAN increased by US $1 billion 580 million to 48.4%. In the first half of this year, we imported 930 million US dollars, an increase of 38%.

Among them, yarn imports amounted to 480 million US dollars, an increase of 31.4%, fabric imports of US $150 million, an increase of 11.2%, imports of manufactured goods by US $100 million, an increase of 28.3%, the import of garments increased exponentially, and imports reached US $200 million, up 1.1 times over the same period last year, of which knitted apparel imports 70 million US dollars, an increase of 83.6%, and imports of woven garments 90 million dollars, an increase of 70 million times.


ASEAN accounts for an increasing share of China's textile and garment imports.

In the first half of this year, China's imports of textiles and clothing from ASEAN rose to 8.5% from global imports, an increase of 2.1 percentage points over the same period in 2009.

Compared with other major importing countries in China, the growth rate is higher than that of the main importing countries such as Italy, France, Japan and Korea.


At present, China's imports of textiles and clothing from ASEAN are mainly concentrated in four countries, namely Vietnam, Thailand, Indonesia and Malaysia.

In the first half of this year, imports of textiles and clothing from above four countries were over $100 million, which were imported from Vietnam for 340 million US dollars, an increase of 67.6%; Thailand's 230 million dollars, an increase of 22.2%; Indonesia's 170 million dollars, an increase of 17.1%; Malaysia's 110 million dollars, 32.7% growth.


On the whole, there is also a challenge for the future cooperation between China and ASEAN countries.

With the rise of labor costs, production factor prices and RMB appreciation, we have no competitive advantage in relatively low value-added garment processing.

cheap labor

The advantage of cost and the improvement of garment production and management level, ASEAN countries still have much room for improvement in garment export in the future, and become a strong competitor to China.


 
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