Textile And Clothing Unit Price Increases To Drive Exports To Maintain Growth In August

Customs statistics show that in August this year, China's textiles and clothing

In 1-8 months, China's textile and clothing trade has maintained a relatively fast growth.

Export growth was mainly driven by price increases, and the comprehensive price index of textile and clothing exports in 1~8 was 135.4%, of which 125.9% of textiles and 141.3% of clothing.

Export volume declined in Europe and America

EU market: in August, China exported $6 billion 160 million to the EU, an increase of 26%.

US market: in August, China exported US $4 billion 180 million to us textiles and clothing, an increase of 14.2%.

Among them, textile exports amounted to $850 million and clothing exports amounted to $3 billion 330 million, representing an increase of 8.5% and 15.7% respectively.

The export volume of knitted and woven garments decreased by 7.3%, but the average unit price of exports still maintained an upward trend, which rose by 23.3% compared to the same month, rising by 1.4% over the same month.

In 1-8 months, China exported $24 billion 660 million to us textiles and clothing, an increase of 13.9%.

Among them, textile exports amounted to 6 billion 210 million US dollars, an increase of 10.1%, and clothing exports of US $18 billion 450 million, an increase of 15.3%.

Japanese market: in August, China's exports to Japan continued to rebound, and exports amounted to 2 billion 800 million US dollars during the month, reaching a new high in the year.

Year-on-year growth of 31.4%, an increase of 31%.

Textile exports increased by 28% and clothing increased by 32.1%.

The export volume of knitted and woven garments increased by 9.2%, and the export unit price increased by 21.7%.

In 1-8 months, China exported $16 billion 800 million to Japanese textile and clothing, an increase of 25.4%.

Among them, textiles grew by 32% and clothing increased by 23.9%.

ASEAN market: in August, China exported $1 billion 650 million to ASEAN, an increase of 46.9%, of which yarn exports increased and prices fell.

Fabric exports increased by 1.8%, while export unit prices still achieved 19.2% growth, but the growth rate dropped rapidly.

In 1-8 months, exports to ASEAN amounted to US $12 billion 720 million, an increase of 41%, of which yarn fabric exports totaled 7 billion 40 million US dollars, an increase of 43.4%.

General trade promotes import growth

In August, exports of all major trade patterns continued to grow.

General trade exports US $19 billion 280 million, accounting for 75.8% of total exports, an increase of 28.7% over the same period, and processing trade exports of US $4 billion 100 million, an increase of 13.1%.

Small border trade is outstanding, and it is the only way to maintain export growth year-on-year and double growth.

Exports in the month amounted to US $950 million, a monthly export high of 9.9%, an increase of 43.4% over the same period last year.

The total export and import goods trade in bonded areas and bonded warehouses accounted for 520 million US dollars, an increase of 22.7% over the same period, and the growth rate continued to decline compared with July.

From the point of view of imports, general trade entered a new high in the month, reaching 800 million US dollars, an increase of 42.5%, pushing the total import growth by 12 percentage points.

In 1-8 months, general trade exports amounted to US $124 billion 230 million, accounting for 76.1% of total exports, and processing trade exported 27 billion 570 million US dollars, accounting for 17% of total exports.

General trade exports grew by 28.2%, and processing trade increased by 13.2%.