Textile And Clothing Exports Are Hard To Get Back To High Growth. Trade Prospects Are Uncertain.

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Statistics show that in May this year, China's textile and clothing exports grew, but the growth rate was less than that of the national trade in goods.

In the same month, trade volume was US $24 billion, an increase of 8.1%, of which exports were US $21 billion 830 million, an increase of 7.4%, and imports of US $2 billion 170 million, an increase of 16%.

In 1~5 months, the total volume of textile and clothing trade increased by US $100 billion 130 million, an increase of 2.4%, of which 90 billion 650 million US dollars, 2%, 9 billion 480 million US dollars, an increase of 6%.

The cumulative surplus of $81 billion 180 million, an increase of 1.6%.

From the data point of view, China's textile and apparel trade situation improved slightly in May.

In the same month, imports and exports increased and exports increased to more than 20 billion US dollars.

Export growth does not exclude the impact of seasonal factors. Before the main economic downturn of the export market has not been reversed, the possibility of resuming high growth in textile and clothing exports is still small.

The three emerging markets are growing rapidly.

In May, according to the export growth rate, the top three markets in China's textile and clothing exports were ASEAN (39.3% growth), the Middle East (36.5%) and Africa (23.4%), while exports to the EU fell by 12.6% over the same period, only 3.5% for Japan and 9.7% for the US.

In 1~5 months, according to the export growth rate, the top three markets in China's textile and clothing exports were the Middle East (25.7% growth), ASEAN (20.5%) and Africa (16.5%), with an increase of two figures, far exceeding the average value.

Exports to the EU dropped by 11.5% during the same period, but only 4.5% in Japan.

In the traditional market, the United States is relatively good, and exports to the United States have increased by 8.3%.

General trade exports continue to grow

General trade and processing in May

Exports increased by 6.8% and 1.1% respectively, all below average. During the same period, the export growth of small border trade reached 57%, and the overall export growth was 1.5 percentage points.

In 1~5 months, the total trade volume increased by 68 billion 160 million US dollars, an increase of 1.7%, and the processing trade dropped by 2.2%.

Small border trade was outstanding, growing by 27.1%, of which 30% were Guangxi's exports to Vietnam's border trade, and the main export commodities were clothing.

Yarn cumulative export price fell

In May, China's textile and clothing exports increased by 11% and 8.3% respectively. In the textile industry, the export of cotton products reversed the early decline and achieved rapid growth.

Cotton yarn and cotton fabrics increased by 35.2% and 21.6% respectively.

In 1~5 months, the total export volume of China's yarn decreased by 7.3%, and the export unit price dropped by 6.4%.

The export volume of knitted and woven garments decreased by 4.3%, of which the higher prices of woven garments fell faster.

Large export province resumed small growth

In May, Zhejiang, Jiangsu, Guangdong, Shanghai and other traditional export provinces and cities

Small growth was achieved, but the increase was below average.

In the same period, Fujian's performance was outstanding, the export growth of that month was 24%, and the export volume for the first time exceeded Shanghai, ranking fourth in the provinces and cities.

In 1~5 months, about 60% of the total exports from the whole country increased.

However, only the top five export provinces and cities, only Zhejiang and Shanghai maintained growth.

Fujian's exports increased by 19.2%, accounting for 7.6% of the total exports of the country.

Cotton yarn and clothing promote import growth

Due to the low price impact of neighboring competitors and the upside down of domestic and foreign cotton prices, textile enterprises began to gradually switch to direct purchase of cotton yarn, and cotton yarn imports increased significantly.

In May, the import volume and amount of cotton yarn increased by 141% and 91.7% respectively.

Before May, the total import volume and amount of cotton yarn increased by 55% and 28% respectively.

Over the same period, the import volume of clothing increased by 22%, and the cotton yarn together promoted the overall import growth.

The import of cotton (19405, -60.00, -0.31%) has increased rapidly under the influence of internal and external spreads.

In May, the import volume of single month reached 500 thousand tons, an increase of 247%.

The total import volume of 2 million 580 thousand tons in the first 5 months has reached or exceeded the total import volume of each year before 2010, an increase of 113% over the previous year.

The average unit price was 2350 US dollars / ton, down 22.1%.