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    The First Three Quarters Of China'S Textile And Clothing Trade Overall Trend Is Good.

    2010/11/11 10:07:00 68

    China'S Textile And Apparel Trade In The First Three Quarters


    In the environment of gradual recovery of the external market,

    First three quarters

    The overall trend of China's textile and clothing trade is good, with a total export volume of 149 billion 810 million US dollars, an increase of 23%.


    According to China News Service reported on November 10th, the first three quarters of this year, on the outside

    market

    Under the environment of gradual warming, the overall trend of China's textile and clothing trade is good, with a total export volume of 149 billion 810 million US dollars, an increase of 23%.

    However, the price of raw materials represented by cotton will increase, or will have an impact on the export of Chinese textile and clothing in the future.


    From the China Textile Import and Export Chamber of Commerce, we understand that the first three quarters of China's exports to the world's major markets are all realized.

    increase

    The EU and the US remain the main source of growth, and exports to the EU and the US have increased by nearly 10 percentage points to global exports.

    Meanwhile, the situation in some emerging markets has improved, and exports to Russia and Latin America have increased by more than 50%.


    In the first three quarters of this year, China's textile exports increased by 31% compared to the same period last year, while clothing exports increased by 19% over the same period last year, and the growth rate of clothing exports was less than that of textiles.

    The export of three main categories of yarn, fabric and finished goods in textiles has achieved rapid growth.


    At the same time, industry experts pointed out that since the beginning of this year, the sharp rise in cotton prices has had a great impact on China's domestic cotton textile enterprises. Most small and medium-sized enterprises have been unable to bear the consequent losses and cut down production or even stop production. The export of cotton textiles has also been affected. The export volume of cotton yarn has declined since July, and the decline rate has been enlarged month by month, to 34% in September.

    It is estimated that the price of raw materials, represented by cotton, will continue to have an impact on the export of Chinese textile and clothing.

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