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General Administration Of Customs Announces: Textile Exports Decline, Domestic Demand Supplement.

2010/8/5 22:15:00 77

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Textile: export decline

Domestic market demand

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Statistics released by the General Administration of Customs on the national key export commodities scale show that in June, China's textile and clothing exports amounted to 13 billion 947 million US dollars, an increase of 13.3% over the same period, down 10.1% from the same period last year.

From 1 to June, the total export volume was US $72 billion 794 million, a decrease of about 11% compared with the same period last year.

China's textile industry has a high dependence on exports.

export market

To a large extent, it depends on the global economic recovery.

In March this year, China's textile and garment exports increased by 2.59% at the first time, benefiting from the increase in overseas stocks due to low inventories.

However, the export decline in April was again enlarged, and the export growth rate was -13.07%.

In the first half of the year, the total export volume of textiles in China is in a downward line, although the decline has narrowed in June, the outlook is still not optimistic.

It is worth noting that the third quarter is the tradition of textile and garment industry.

Exit

Low Season.

At the spring fair this year, clothing and accessories were sold at 1 billion 620 million US dollars, down 15.2% compared with the same period last year. The turnover of textile products was 1 billion 610 million US dollars, down 7.9% compared with the same period last year. In addition, the foreign trade orders accumulated last year have been completely digested, and the three quarter will become the most difficult period for textile export enterprises.

The textile industry has also released a lot of positive signals compared with the continued decline in exports.

Data show that the textile industry's domestic sales value continued to grow, and the growth rate in May was 9.42%.

The growth rate of domestic sales for textile and garment industry increased month by month, and the proportion of domestic sales increased from 77.07% in the same period last year to 80.03%.

Domestic clothing consumption growth is gratifying, from 15.6% in the first quarter to 22.1% in May, more than the national retail sales growth rate of 21.6%.

In addition, China Textile Industry Association data show that in May of this year, China's textile enterprises above Designated Size realized a profit of 43 billion 248 million yuan, down 0.14% from the same period last year, narrowing by 10.87 percentage points from 1 to February this year, and the total profit from 3 to May was 5.06% higher than that of the same period last year.

Of the 50 thousand enterprises above Designated Size, 32% of the total sales increased by 11.28%, 9.85 percentage points higher than the whole industry and 34.23% of total profits, which once again proved the important role of technology competitiveness and brand contribution rate.

At present, the textile industry is in a critical period of stabilization and recovery. We must see that the foundation for recovery is unstable and unbalanced, and the risk still exists.

The textile industry is still an obvious competitive industry with international competitive advantages. Enterprises should closely combine growth guarantee with structural adjustment, and strive to consolidate international market share, expand domestic market and consumption, speed up the pace of independent innovation, technological pformation and structural optimization, and strive for a steady recovery in the whole industry's economic operation throughout the year.