China Trade Information

Here you can get information on China Trade,China export,China wholesale,China Commodity Trade, etc!

Navigation

« China, Jiefang Xie, became popular in the United States21 experts: Chen Xiao closed shop, put options meet the circumstances »

First half of the major textile export market rebound

by the global economic slow recovery and the low base last year and the cost of raw materials export price, export price led some slight uplift and other factors, the situation in the first half of textile and apparel exports pick up, china's main export market the EU, the United States, Japan, ASEAN also showed upward trend. Subject to many uncertain factors in the second half is expected that exports will continue to grow, but growth will be higher than in the first half down, showing" high to low" trend.

According to Customs statistics, the first half of this year, total textile and apparel exports 91.345 billion U.S. dollars, up 22.26 percent year on year, accounting for the proportion of total exports was 12.96%. Among them, the June month, the export textile and apparel 19.142 billion U.S. dollars, up 33.77 percent, growth of 13.2%, higher than pre-crisis peak (in July 2008 reached 18.684 billion U.S. dollars) increased 458 million U.S. dollars, recovered to pre-financial crisis level.

EU, United States, Japan is still China's main textile and garment export market. The first half of the EU, the United States and Japan respectively textile and apparel exports 19.389 billion U.S. dollars, 14.992 billion U.S. dollars and 99.65 billion U.S. dollars, year on year growth of 18.54%, 28.18% and 1.49% in the Chinese textile and garment export share of total were 21.23 %, 16.41% and 10.91%. Exports to these three markets together account for the total value of China's textile and garment exports nearly half.

EU rapid growth

the debt crisis in Europe's most powerful few months, China's textile and apparel exports to the EU is still strong growth. Of course, by the lag effect from 3 April this year, exports of textiles and clothing have fallen into the trough, but then quickly rebounded. 1 June 2010, China's textile exports to the EU reached 5.346 billion U.S. dollars, up 30.92 percent; export garments reached 14.043 billion U.S. dollars, up 14.42 percent. June month, the total EU textile and clothing exports 4.573 billion U.S. dollars, growth of 31.82%, up significantly. One textile exports 956 million U.S. dollars, up 10.05%, decreased 4.88%, apparel exports 3.617 billion U.S. dollars, up 24.64 percent, growth of 46.81 percent.

EU statistics Bureau of the latest data show that in July 2010 by Germany's strong economic recovery and the unemployment rate of consumer fears were relieved of the 27 EU countries and the 16-nation eurozone" economic sentiment" were both higher, respectively, at 102.2 points and 101.3 points, compared with June 2010 increased by 1.9 points and 2.3 points. Expected in the coming months, the EU process of economic recovery in the industrial sector will continue. China's textile and apparel exports to the region showed a recovery trend to continue.

U.S. apparent recovery

in June the U.S. clothing retail sales rose 5.91 percent, reversed the March, April, May consecutive three-month slide; May the amount of clothing commodity stocks fell 5.40%, 4 consecutive months of decline narrowed , replenishment will is growing. In this situation, the first half of the Chinese textile and apparel exports to U.S. market, the strong revival. 1 June 2010, Chinese textile exports to the U.S. was 4.795 billion U.S. dollars, up 34.77 percent; apparel exports reached 10.197 billion U.S. dollars, up 25.73 percent. June month, the U.S. textile and apparel exports totaled 3.446 billion U.S. dollars, up 29.56 percent, growth of 16.57%. Export of textile products 997,000,000 U.S. dollars, up 9.76%, growth of 2.25%; apparel exports 2,449,000,000 U.S. dollars, up 19.81%, 23.62% of chain growth. Fill short-term stock behavior is behind the lack of consumer purchasing power to support recovery, it is expected that the second half of textile and apparel exports to the U.S. growth will slow down.

Japan slow growth

June retail market continued to slump in Japan, sales fell 3%, this is the 10th consecutive monthly decline. Similarly, textile and apparel sales decline, down 4.5%, for 9 consecutive months of decline. As the weak demand, weak retail prices of clothing rose in June fell 0.5% in clothing. From the financial crisis, the Japanese market continues to slump, directly affect China's exports to Japan. In the first half of Chinese textile and apparel exports to Japan Change is not obvious, with a slow growth. 1 June 2010, China's textile exports to Japan to 2.094 billion U.S. dollars, up 10.79 percent; apparel exports reached 7.87 billion U.S. dollars, down 0.72%. June month, the textile and apparel exports to Japan totaled 1.552 billion U.S. dollars, up 15.66 percent, lower than the previous 0.88%. One textile exports 367 million U.S. dollars, up 3.54%, growth of 3.71%; apparel exports 1.185 billion U.S. dollars, up 12.12%, lower than the previous 2.22%. The second half of textile and apparel exports are expected to remain slow growth in Japan.

ASEAN market increased significantly

China - ASEAN Free Trade Area on January 1 this year has been officially launched by the Chinese textile and clothing duty-free access to the 10 ASEAN countries preferential policies affecting the textile market, in the first half and the ASEAN textile and apparel trade is very active. In addition, for export enterprises, by way of ASEAN, complete their processing, and then re-exported to Europe and the United States market, can avoid trade friction, reduce trade risk, re-access to development opportunities. Meanwhile, the yuan can trade with ASEAN transactions will reduce the company in exchange rate losses. Therefore, it is conducive to China's textile and apparel exports to ASEAN.

in the first half ASEAN, China's textile exports to 4.761 billion U.S. dollars, up 47.04 percent; clothing ASEAN exports reached 1.892 billion U.S. dollars, up 39.41 percent. China's textile trade with the ASEAN countries focus more on yarn, cotton, chemical fiber cloth textiles. In the first half of the ASEAN textile and apparel exports have nearly 72% of textile exports to ASEAN exports surpass Japan to become the third largest export market for textiles. Exports to ASEAN is expected to substantial growth momentum will continue throughout the year.


This chapterpublished in published in the:China Trade Information (http://en.zgxu.com),Reprinted Please note Ming.

  • Articles related:

Post comment:

◎welcome to give out your point。

Search

Categories

Previous

Comments

Archives

Copyright en.zgxu.com China Trade Information. Some Rights Reserved.