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    China'S Clothing And Accessories Export Growth Accelerated In May

    2010/7/31 15:44:00 37

    Clothing And Accessories

    According to the statistics of the General Administration of Customs of China, in May this year, China

    Import and export value

    243 billion 990 million US dollars, an increase of 48.4%.

    Of which, exports amounted to $131 billion 760 million, an increase of 48.5%, an increase of 18.1 percentage points from last month, and an increase of 48.3% in imports of 112 billion 230 million dollars.

    Compared with May 2008, imports and exports increased by 10.2%, of which exports increased by 9.2% and imports increased by 11.4%.


    Among them, in May, China

    clothing

    and

    Accessories

    Export growth was quicker than the previous 4 months, and the export value of this month amounted to $9 billion 463 million, while in April the export amount was $8 billion 155 million, and the ring rose by 16%.

    At the same time, it increased by more than 27% compared with 7 billion 410 million US dollars in May 2009.

    In the first 5 months of this year, the total export volume of garments and accessories reached US $36 billion 820 million, up 13.1% over the same period last year.


    Supplement:


    According to the data of China Customs and Finance Ministry of Japan, in 2010 1~4, China's textile and clothing exports to Japan declined year by year, and the share of Japanese textile exports in the same period of China's textile exports to the world, and the share in the Japanese textile market were declining.

    Although the overall recovery of Japan's economy is still in the recovery stage, it is still hard to be optimistic that China's textile export momentum will not be enough in the late period, considering the impact of Japan's sluggish sales of textile and clothing and other uncertainties.


    Exports to Japan show a downward trend


    According to China Customs data, in 2010 1~4, China's textile and clothing exports to Japan amounted to US $6 billion 849 million, representing a year-on-year decline of 3.67% compared with the same period last year (4.41%) by 8.08 percentage points.

    Comparatively speaking, the growth rate of China's textile and clothing exports to the US and EU's main markets was 20.61% and 16.34% year-on-year respectively, and the growth rate increased by 21.81 percentage points and 27.65 percentage points respectively over the same period 1~4.

    In terms of proportion, China's exports of textiles and clothing to Japan, the United States and the European Union in the 1~4 months accounted for 12.39%, 15.53% and 20.52% of the total exports of textiles and clothing in the same period, while exports to Japan decreased by 2.50 percentage points compared with the same period last year, while the proportion of exports to the United States and the European Union rose by 0.62 percentage points and 0.10 percentage points respectively.

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