The Total Export Volume Of Textiles And Clothing Increased By 23% In The First Three Quarters.
In the first three quarters of this year, External market Under the environment of gradual warming, China Textile and clothing trade The overall trend is good, with a total export volume of US $149 billion 810 million, 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.
Reporters learned from the 10 China Textile Import and Export Chamber of Commerce, the first three quarters, China's Global Exports of all major markets were growing, with the EU and the US still the main source of growth, and exports to the EU and the US 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 been decreasing since July, and the decline rate has been enlarged month by month, to 34% in September. The high 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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