Before July, Guangdong Textile Export Growth Slowed Month By Month.

2011/8/17 16:48:00 32

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Export Textile And Garment 20% Export Growth Slowed Month By Month

Guangzhou Customs announced the latest statistics 17, 1 to July, Guangdong.

Exit

Textile and apparel $24 billion 480 million, an increase of 21.6% over the same period last year, but the growth rate slowed down from April to July, and the increase in exports of textile and clothing in July was 28.5 percentage points lower than that in March.

Statistics show that Guangdong exported textiles from 1 to July.

clothing

To Hongkong, the European Union, the United States and ASEAN were 58, 52.3, 38.5 and 2 billion 60 million dollars, respectively, increasing by 2.9%, 30.2%, 15.9% and 32.4% respectively. The total 4 accounted for 69.2% of the total value of Guangdong textile and clothing exports.

In the same period, Guangdong exported 17.2 and 930 million US dollars to Latin America and Africa respectively, with an increase of 66.9% and 33.9% respectively.

According to the Customs Department, the main reason for the slowdown in textile and clothing growth in Guangdong in recent months is that domestic and foreign cotton prices continue to oscillate downward.

Since April 2011, China's domestic cotton prices have fallen rapidly. By the end of August 1st, domestic cotton prices were 19945 yuan per ton, down 31.8% from the same period last year.

With the fall in raw material prices, the export volume of the industry

Increase

Slowing down.

At the same time, the import tariff of cotton products has been lowered to curb the price of finished products.

Recently, the state has cut down tariffs on 33 kinds of imported commodities. Among them, the import tariff of heavy, light, twill and plain cotton fabrics with chemical fiber blending is not reduced from 12% to 6%, and the rate of reduction is 50%. The provisional tariff rate adjustment of some commodities has been implemented since July 1st.

With the gradual implementation of policies and measures to control prices, the price of raw materials for cotton spinning has already come down before other commodities, and now the import tariff of cotton cloth has been cut down, which has restrained China's domestic market.

cotton spinning

The impulse of rising prices of products.