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Guangdong'S Exports Of Textile And Clothing In The First Quarter Were Only Slightly Increased By 0.5%.

2008/4/21 16:08:00 27

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Guangdong'S Exports Of Textile And Clothing In The First Quarter Were Only Slightly Increased By 0.5.

The first phase of the 103rd Canton Fair ended in Guangzhou yesterday. The cold and cheerless scene of the Liuhua Road Pavilion dominated by textiles and clothing left a deep impression on all circles.

More small business exhibitors said booth popularity fell by 5.

Echoing this is the dismal export of textile and clothing in the first quarter of Guangdong.

According to Whampoa customs statistics, the export textile and clothing (including textile yarns, fabrics and articles, clothing and accessories) in Guangdong in the 1 quarter of this year were 6 billion 930 million dollars, up 0.5% from the same period last year.

Among them, export garments and accessories were reduced by 5.3% in 4 billion 970 million US dollars, and export textile yarn, fabrics and products increased by US $1 billion 960 million, an increase of 18.8%.

Mei Xinyu, a researcher at the Ministry of Commerce and international trade and Economic Cooperation Research Institute, pointed out: "under multiple pressures, the polarization of textile and garment enterprises will be more severe, and the excellent enterprises will further enhance their competitiveness, while small enterprises with weak competitiveness will eliminate a large number of them."

Adjustment pressure is still heavy.

Compared with the 11.3% decline in exports in the first two months of this year, Guangdong's textile and clothing exports in March were 2 billion 220 million US dollars, an increase of 15.3%.

Although exports in March reversed the downward trend in a timely manner, Mei Xin Yu pointed out in an interview with reporters that the data in 1 and February were not comparable.

"Because of the impact of the Spring Festival holidays, from February to the Lantern Festival, it was accounted for half of the total in February. The staff rate in the Pearl River Delta factory before the Lantern Festival was only about 30%, and in the southern provinces of China suffered widespread snow disasters, which also seriously affected exports."

Last year's Spring Festival holiday led to a relatively low export base in March. (2007 Spring Festival is in mid 2 months, lagging effect directly affects the slowdown in export growth last March), coupled with the resumption of the textile enterprises after the disaster this year, it is too early to judge the normal level of textile and garment exports.

With the appreciation of the renminbi, the rising prices of oil and raw materials, and the continued weakening of the international market, especially the European and American markets, the pressure of adjustment and adjustment of Guangdong's textile and garment industry is still heavy.

The nominal growth rate of exports is "water injection".

Since the beginning of this year, the pace of appreciation of the RMB against the US dollar has accelerated significantly. In the first quarter, the RMB appreciated by 4.07% against the US dollar. In 2007, the appreciation of RMB against the US dollar was only 6.9%.

This means that the growth rate of textile exports in the US dollar (nominal growth rate) will be more and more "water injection" and reduce the comparability.

Mei Xin Yu pointed out that although the growth rate of textile and clothing exports in Guangdong increased by 0.5% in the first quarter, considering the exchange rate factor, the RMB increased by 8.6% in March than the average exchange rate in March last year. If the amount of textile and clothing in the 1 quarter was converted into physical objects or the textile trade volume calculated in renminbi was used to calculate the increase, then the volume of trade clothing exports in Guangdong in the 1 quarter was reduced.

Wang Qian, chief editor and senior analyst of China's first textile network, also said that it is necessary to eliminate exchange rate factors, and the results are more objective and real.

For example, in the first quarter of this year, the growth rate of textile exports in the US dollar was 19.47%, which was 5.04 percentage points higher than that in the same period last year, which is obviously far from the actual feelings of most export enterprises.

In the same period, the growth rate of textile exports denominated in RMB was only 10.24%, which dropped by 5.32 percentage points compared with the same period last year.

Exports to Europe have increased significantly.

From the market perspective, Hongkong is still the largest export market of Guangdong's textile and clothing products, with an export volume of US $2 billion 320 million, a decrease of 10.1%, accounting for 33.5%, and a substantial increase in exports to the EU.

In January 1st this year, the European Union abolished the quotas of 10 categories of imported textiles from China. In the 1 quarter, Guangdong exported 1 billion 370 million dollars to the EU's textile and clothing, a significant increase of 59.2%, accounting for 19.8%.

While exports to the US were affected by the US economic downturn, exports amounted to US $770 million, down 20.7%, and exports to ASEAN were US $500 million, an increase of 30.7%.

Customs analysts pointed out that at present, the 10 categories of textiles in China are no longer subject to EU quota restrictions, and the similar quota for the implementation of textile imports by the United States will expire at the end of 2008. For the domestic textile industry, which has been beset by quotas, it can be described as "a long drought to meet the rain", and export to Europe and the United States is bound to set off a new round of climax.

However, it is expected that the EU will strengthen its monitoring and control. Once textile and apparel from China have a greater impact on its related industries, any anti-dumping, countervailing and general safeguard measures will be launched at any time to restrict the export of Chinese textiles.

How to control the reasonable export of textile products, reduce trade frictions and avoid encountering anti-dumping and countervailing sanctions after quota quota cancellation is one of the major problems facing China's textile and garment industry in the post quota era.

Large and small enterprises feel different from cold to hot

In fact, the departments concerned have long been aware of the difficult situation of textile and garment enterprises.

Just a few days ago, the Ministry of Commerce held a forum on textile export enterprises at the Liuhua Road Exhibition Hall of the Canton Fair, and invited representatives from the coastal provinces of Guangdong, Zhejiang and Jiangsu to listen to their views on the current export situation.

Mei Xin Yu believes that the pressure of the whole garment and textile export industry will still be relatively large this year, and many enterprises will be eliminated this year. The polarization of the industry will become more obvious, and the excellent enterprises will be further promoted, but the enterprises with poor competitiveness are expected.