Before May, The Number Of European Spinning Garments Increased By More Than 30%.
Textile exports to Europe in 1~5 months
Amount growth
Textile and apparel $12 billion 632 million 35.42%
Textiles $3 billion 876 million 32.51%
Clothing $8 billion 755 million 36.73%
Washington (text / table reporter Du Juan) China Textile Import and Export Chamber of Commerce 3 released the European export monitoring product price risk alert, in the first 5 months of this year, China EU bilateral monitoring of 8 categories of products in the European Union export unit price decreased to varying degrees, of which 5, 7 and 26 categories of export prices declined significantly, mainly in Guangdong, Guangxi, Jiangxi, Xinjiang, Fujian and Heilongjiang provinces and cities.
The chamber said that such a phenomenon may lead to the EU's anti-dumping investigations on Chinese textiles, and it will also affect the further abolition of regulatory measures next year.
Low prices, European enterprises will be re qualified
The responsible person of the China Textile Import and Export Chamber of Commerce said that the export prices of some categories of textiles exported to Europe declined. Apart from quotas, product structure and other factors, the export prices of individual enterprises were not high enough to be concerned.
He said: "the decline in export prices is likely to cause anti-dumping investigations by the European Union on my products, which will have an extremely serious impact on the garment industry."
The chamber of Commerce said that it will closely follow the export prices of European exports, and will report to the public on the low price enterprises, and will re examine its European credentials.
Since the abolition of quotas this year, the trend of China's EU textile and garment exports continues to rise.
Statistics show that in the month of 1~5 this year, China exported $12 billion 632 million to the 27 countries of the European Union, which increased by 35.42% compared with the same period last year. The growth rate increased by 2 percentage points over 1~4 months, 11 percentage points higher than that of the same period last year.
EU or adopt market protection measures
Since the abolition of textile quotas in December 31, 2007, China and the EU have agreed to double monitor the 8 categories of T-shirts and other products since January 1, 2008, that is, the EU's import and export licenses for the Chinese authorities can achieve the purpose of monitoring the import volume.
In this regard, Ma Xinzheng, deputy editor in chief of the first textile network, said that the EU would not agree to cancel the regulatory measures in December 31st, and may even take market protection measures in terms of the number of imports surged.
Ma Xinzheng said: "the current textile trade relationship between the EU and China is not ideal, and there are more and more signs of tightening restrictions on China's textile and clothing exports to Europe."
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Less than 20% of the US quota is used for half a year.
US Customs latest monitoring system data show that as of July 1st, the average clearance rate of textiles in China was 26.80%, down 4.4 percentage points from 31.20% in the same period last year.
According to the insiders, the use rate of the US textile quota is less than 20% in half a year, and the average utilization rate of the 21 categories of clothing exported to the United States is less than 20%.
Data show that in the 1~5 months of this year, the amount of textiles and clothing exported to the United States amounted to US $8 billion 226 million, an increase of only 0.01% over the same period last year, and the growth rate dropped by nearly 30 percentage points over the same period last year.
Ma Xinzheng, deputy editor in chief of the first textile network, believes that China's export to the US textile and garment industry has declined by the US subprime crisis.
This not only reflects the poor demand in the US market, but also indicates that other developing countries are trying to seize the US market with China.
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