China Textile "Volume Increase, Price Fall" Trend Highlights

EU Customs recently released data show that some of China's exports of European textiles hot commodities show a serious "volume increase, price fall" trend.

Data show that in January 2009, China's T-shirts exported to the EU amounted to US $555 million 600 thousand, an increase of 187.1% over the same period last year, with an export volume of 70 million 700 thousand, an increase of 301.4% over the previous year and an average export price of only US $7.9 per piece, down 28.5% from the same period last year.

The export of Chinese women's dress products to the European Union amounted to US $133 million 900 thousand, an increase of 157.3% over the same period last year, with an export volume of 13 million 300 thousand, an increase of 336.9% over the previous year and an average export price of 10.1 US dollars, down 41.1% from the same period last year.

Although this trend is influenced by the irresistible external factors of the global financial crisis, some deep-rooted contradictions such as the extensive development of China's textile industry, such as the low level of excess capacity, the low degree of intensification and the weak ability of independent innovation, are the main factors that are concentrated on the stimulation of market mutation. Most of the products are at the low end of the international industrial division system.

Editor in chief: Xu Qiyun