Garment Exports Improved Significantly.

Customs Statistics released on 28 may show that Clothing export Obviously, the trend of recovery growth is strong, and exports in May were 3 billion 140 million US dollars, a record high in the year.

According to statistics, between 2010 and May, exports of textiles and clothing nearly $13 billion, an increase of 15% over the same period last year. Among them, the general trade mode accounted for 6, and the increase was greater than the processing trade.

Since March this year, the export of textile and garment exports has increased by 3 consecutive months, while exports in May increased by 28% compared to the same period last year, and the growth rate was 20%.

From the point of view of exports, the main Traditional export The market has generally recovered growth. emerging market Exports are rising and falling. From 1 to May, exports of textiles and clothing to US $3 billion 700 million increased by 8%, and exports to the European Union, the United States and ASEAN increased by more than 20%. The total exports of the 4 markets account for more than 70% of the total value of textile and garment exports in the same period. In addition, exports of textiles and clothing to the Middle East decreased by 3.6%.

Customs analysis indicates that the recovery growth trend of garment export body is obvious, but there are still hidden troubles. One is the rising cost of raw materials and squeezing profits. Cotton prices continued to rise, reaching the highest level in late 4 this year. The "crazy cotton" made the textile and garment industry fearful. Second, the decline of the euro exchange rate affects the export of enterprises. Under the gloom of Europe's debt crisis and repeated international financial markets, the Yuan's expectation of a significant appreciation against the US dollar weakened. But at the same time, the upgrading of the debt crisis in Europe, besides the economic downturn, has affected the import of the European Union, which has also led to an indirect appreciation of the RMB against the euro.