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    Export Growth Continued To Slow Down In October.

    2011/12/14 9:41:00 13

    Export Growth Slowed In October

    According to customs statistics, in October this year, China

    Spin

    Clothing

    Volume of trade

    Up to 21 billion 530 million US dollars, an increase of 11.1%, of which exports were US $19 billion 650 million, an increase of 10.4% compared to the same period last year, a decrease of 14.5%.

    Imports of US $1 billion 880 million, an increase of 19.6%, fell by 7.8%.

    In 1~10 months, China's textile and clothing trade reached US $224 billion 770 million, an increase of 22.3%, of which 205 billion 820 million US dollars, 22.8%, 18 billion 950 million US dollars, an increase of 17.1%.

    The cumulative surplus of $186 billion 870 million, an increase of 23.4%.

    From the current severe economic and trade situation at home and abroad, textile and clothing exports will continue to grow at a low speed for the first two months of the year.

    Increase

    Continue to fall.


      

    Major market growth in garment exports


    EU market: in major markets, China's export growth to the EU has dropped rapidly.

    In October, exports to the EU amounted to 3 billion 250 million US dollars, an increase of only 0.5%, an increase of 54 percentage points compared to March.

    Among them, textiles grew by 7.7% and clothing by 1.6%.

    The export volume of knitted and woven garments decreased by 17.7%, and the decline was nearly 5 percentage points higher than that in September.

    The average unit price of exports rose by 18.2%.

    In 1~10 months, China exported 45 billion 50 million US dollars to the European Union, an increase of 23.9%, of which 9 billion 570 million US dollars in textile exports, an increase of 19.8%, and clothing exports 35 billion 480 million US dollars, an increase of 25.1%.


    The US market: in October, China exported $3 billion 120 million to us textiles and clothing, an increase of 1.7% over the same period last year, an increase of 3.8 percentage points lower than that in September.

    Textile exports increased by 13.4%, an increase of 4.2 percentage points from September, and clothing exports by 1.7%, the first decline in February.

    The export volume of knitted and woven garments decreased by 16.3%, and the export unit price rose by 13.3%.

    In 1~10 months, China exported $31 billion 610 million to us textiles and clothing, an increase of 11.5%.

    Among them, textile exports amounted to 7 billion 840 million US dollars, an increase of 10.3%, and clothing exports of US $23 billion 770 million, an increase of 12%.


    The Japanese market: in October, China exported 2 billion 590 million US dollars to Japan, an increase of 13.1%. The increase was dragged down by clothing, 12 percentage points lower than that in September, and the textile growth rate was 0.7 percentage points higher than that in September.

    In garments, the export volume of knitted and woven garments decreased by 5.8%, and the export unit price rose by 17%.

    In 1~10 months, China exported $22 billion 470 million to Japanese textile and clothing, an increase of 23.8%.

    Among them, textiles grew by 29.7% and clothing increased by 22.5%.


    ASEAN market: exports to ASEAN have maintained growth, and there is no obvious slowdown in export growth of major products.

    In October, China exported $1 billion 540 million to ASEAN, an increase of 21.4%, of which the export volume and average unit price of yarn and fabric both increased year by year and annulus double.

    1~10 exports to ASEAN 15 billion 860 million US dollars, an increase of 39.2%.

    Among them, Vietnam has become China's largest textile and garment trading partner in ASEAN.


      

    commonly

    Trade

    The proportion continues to climb.


    In October, general trade exports increased by 11.3%, the growth rate fell by 3.3 percentage points, processing trade increased by 3.4% in the same month, and the ratio fell by 3.6 percentage points.

    The growth rate of small border trade and bonded area trade has dropped rapidly.

    Among them, the number of small border trade increased by 9.3%, the trade in goods in bonded areas and the import and export trade in bonded warehouses increased by 23.3% and 16.5% respectively. The increase was faster than that in the early stage, especially in the first half of the year.

    From the point of view of imports, the main trade patterns kept growing, of which general trade increased by 41.4% in the month and 5% in processing trade.

    During the month of 1~10, exports of major trade patterns continued to grow.

    Among them, general trade exports 155 billion 610 million US dollars, accounting for 75.6% of total exports, and processing trade exports US $34 billion 930 million, accounting for 17% of total exports.

    General trade exports grew by 24.9%, and processing trade increased by 11.4%.

    {page_break}


    The proportion of general trade in the import and export of textiles and clothing has gradually increased.

    It rose to 72% in the first 10 months of 2011, an increase of 7.4 percentage points over 2008.


      

    Negative growth in garment export volume


    In October, China's textile exports amounted to 7 billion 450 million US dollars, an increase of 18.4%, clothing exports of US $12 billion 200 million, an increase of 6%, and the growth rate of garment exports dropped more obviously. The first month of export growth (except February) fell to 10%.

    The export of textiles was relatively stable, and the export growth in that month increased by 1.8 percentage points compared with that in September.

    Exports of yarn, fabrics and knitted and woven garments increased by 16%, 20.6% and 4.1%, respectively. Among them, the export volume of knitted and woven garments increased by 11%, and the export unit price increased by 17%.


    In 1~10 months, the export volume of three categories of yarn, fabric and knitted and woven garments reached 10 billion 160 million US dollars, 37 billion 320 million US dollars and 127 billion 440 million US dollars respectively, increasing by 28.1%, 29.5% and 21.4% respectively.


      

    Volume price rises to promote Yarn Import


    In October, China's textile imports increased by 13%, of which the yarn grew by 21%, the fabric grew by 8%, and the finished goods increased by 12.6%.

    The volume and price rise together contributed to the rapid growth of yarn imports: the volume of imports dropped for the 8 consecutive month, the import volume of 141 thousand tons increased by 6.6%, and the import unit price increased by 13.5%.

    The import volume of clothing imports did not decrease, and the import volume increased by 62% during that month, with imports of knitted and woven garments increased by 19.2% and the import unit price increased by 36.6%.

    In 1~10 months, textile imports amounted to 15 billion 670 million US dollars, an increase of 10.3%, and clothing imports of US $3 billion 280 million, an increase of 66.3%.


      

    Cotton imports increase sharply


    In October, cotton imports continued to grow in September and increased rapidly.

    Imports of 252 thousand tons, an increase of 162.5% during the month, and the unit price of imports continued to fall. The monthly import price was $2650 / ton, which fell to the lowest level in the whole year, and the unit price growth further narrowed to 24.3%.


    Compared with the ups and downs of cotton, the import of chemical fiber is calm and steady.

    In October, 53 thousand tons of chemical fiber imported, an increase of 11.3%.

    Imports amounted to US $180 million, an increase of 38.5%.

    The unit price of imports was 3450 US dollars / ton, a slight rise compared with September, an increase of 24.4% over the same period last year, and a rise of 3.6% over the same period.


     
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