1-4 Strong Momentum Of Textile And Clothing Exports In Guangxi
In the 1-4 months of this year, Guangxi's textile and apparel exports totaled 290 million US dollars, 3 times higher than the same period last year.
After experiencing the trough of the first half of last year, Guangxi's textile and clothing exports have returned to the fast lane.
The main features of exports are:
First, monthly exports are running high.
In February, affected by the twin factors of frost damage and the Spring Festival, exports were still up to 40 million 296 thousand US dollars, an increase of 1.5 times, and exports in the remaining months exceeded 70 million US dollars, of which, in January, it was 93 million 293 thousand US dollars, an increase of 2.7 times.
Two, the rapid growth of border trade.
In the 1-4 month, the export volume of textiles and clothing in the border trade amounted to US $170 million, an increase of 16.7 times, accounting for 58.6% of the total export value.
In the same period, general trade exports amounted to 100 million US dollars, an increase of 1 times, accounting for 34.5% of total exports; and processing trade exports of US $19 million 703 thousand, an increase of 49.8%.
Three, Vietnam is still the largest export market.
In the 1-4 month, Guangxi exported 180 million US dollars to Vietnam, accounting for 61% of the total export value.
In the same period, the export to Hongkong market was US $11 million 123 thousand, an increase of 7.6%; exports to the US market were US $96 million 360 thousand, an increase of 11%; the export to the EU market was US $57 million 445 thousand, an increase of 2.2 times.
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