Analysis Of Import And Export Of Textiles And Garments In 2011

2011 China Spin product clothing Trade is showing a trend of high and low. First half of the year, international market Demand remained stable, and exports continued to grow in 2010, with a total growth of 25.8%, with an increase of 50.6% in March. In the second half of the year, the main economic downturn in Europe, the United States and Japan, the decline in external demand, and the adverse effects of rising labor costs, major raw material prices, shortage of funds and appreciation of the renminbi, led to a gradual decline in the growth rate of textile and clothing exports, and the increase in the last two months of the year fell to single figures. The decline in export growth has been dragged down, and import growth has also shown a trend of high before and after low. In the first half of this year, total imports increased by 18.9%, and the second half of the year increased rapidly. In December, the first negative growth occurred in the year.

Under the unfavorable circumstances of the overall foreign trade environment, the textile and clothing trade has been more affected. In 2011, the growth rate of textile and clothing trade was 3 percentage points lower than that of the national trade in goods, of which exports were 0.2 percentage points lower and imports 11 percentage points lower.

Data focus

In the past year, the negative growth of textile and clothing exports was mainly caused by clothing. The clothing volume index and price index were 89.7% and 131.9% respectively.

In 2011, China exported $37 billion 670 million to us textile and clothing, an increase of 11.7%, the slowness of growth in the three largest market, an increase of 11 percentage points from the previous year.

70% of the country's enterprises have achieved export growth, of which 3/4's large and super large enterprises have achieved export growth, while small and medium-sized enterprises with export volume less than US $5 million have only 2/3 to achieve export growth.

The average price of imports of major commodities has risen in an all-round way. Yarn and fabric rose by 24.1% and 10.3% respectively, including cotton and wool products. Rise The fastest growth of chemical fiber products is slightly slower.

According to China Customs statistics, in 2011, the total value of China's foreign trade and import and export totaled 3 trillion and 642 billion 60 million US dollars, up 22.5% from the same period last year. Among them, exports amounted to 18986 billion US dollars, an increase of 20.3%, and imports of US $1 trillion and 743 billion 460 million, an increase of 21.9%. The trade surplus was 155 billion 140 million US dollars, narrowing 14.5%.

In 2011, the total trade volume of textiles and clothing increased by US $271 billion, an increase of 19.5%, of which exports were US $247 billion 960 million, an increase of 20.1%, and imports of US $23 billion 40 million, an increase of 13.9%. Imports and exports have reached a record high. The cumulative surplus of $224 billion 920 million, an increase of 20.7%.

Trade mode

The main position of general trade is rising.

The "gold content" of processing trade is rising.

Along with the gradual optimization of China's textile and garment export product structure and the spanformation of export growth mode, the main position of general trade is becoming stronger and stronger, and the proportion of imports and exports is increasing year by year. In 2011, the proportion of general trade imports and exports reached 72%, of which exports accounted for 75% and imports accounted for 35.4%, representing 2, 1.4 and 5.8 percentage points respectively over the previous year. General trade imports and exports grew by 22.8%, of which exports increased by 22.3%, imports increased by 36.4%, all over the average growth rate, thereby driving the overall export growth by 16.5 percentage points, pulling the import growth by 10.8 percentage points.

Contrary to general trade, the share of processing trade has shrunk in recent years. In 2011, the proportion of processing trade decreased to 20.3%, of which exports accounted for only 16.8%, and imports accounted for 81% from 81% in 2007. Although the share is declining, the "gold content" of processing trade is gradually improving. In 2002 ~2011, the value-added rate of textile and garment processing trade increased at an average annual rate of 13.5% over the past ten years, reaching 212.8% in 2011.

In recent years, exports of small border trade have fluctuated considerably. In 2008, exports grew more than doubled, and in 2009, it dropped by nearly 50%. In 2010, it resumed growth. In 2011, the growth rate of 26.5% was faster than the average.

Trade in the bonded area has developed rapidly and has become a new growth point in the textile and clothing trade. In the past 5 years, the average annual growth rate of the export trade in bonded areas and the import and export trade of bonded warehouses has reached 30%. In 2011, the volume of trade increased by 34%, of which exports increased by 29.2%, imports increased by 51.5%, and exports and imports accounted for 2% and 6.3% respectively. {page_break}

Export profile

Increase in price increase export value

The trend of garment export reduction is obvious

In 2011, China's textile and clothing exports grew in an all-round way, with exports of $94 billion 710 million and $153 billion 240 million, respectively, increased by 22.9% and 18.4% respectively, and garment growth was lagging behind textiles.

Price increase has become a major factor for export growth. In 2011, the prices of raw materials and wages continued to rise in the previous year, and the increase in the cost of loans caused by the difficulty of financing enterprises made the export enterprises face the situation of passive rise in prices, and the export prices of large categories of commodities rose all the way. Among them, yarn rose 20.7%, fabric increased 17.2%, knitted and woven garments increased 20%, or more than last year. From the export index, the volume index and price index of textile and clothing are 93.8% and 128.02% respectively, and the number of exports is actually negative. The analysis shows that the negative growth of export volume is mainly caused by clothing, and the clothing quantity index and price index are 89.7% and 131.9% respectively. Textile volume index and price index were 101.2% and 121.45% respectively, and exports still showed growth.

Yarn and fabric exports continued to grow in recent years. In 2011, yarn export volume and value increased by 1.1% and 20.7% respectively, and the annual average annual increase of 2007~2011 was 2.5% and 10% respectively. The fabric export volume increased by 8.4% and 26.8% in 2011, and the average increase in the past 5 years was 6% and 13.7% respectively. The export volume of 2/3, mainly knitted apparel and woven garments, increased by 6.4% per year, but the volume of exports was negative. In 2011, the export volume of knitted and woven garments decreased by 1.8%, of which knitted apparel decreased by 0.6% and woven garments decreased by 4.2%. Even with the low price volume of cotton and chemical fiber garments, the export volume also dropped by 3.2%, which declined by 7.1% in the main market and 4% in the EU.

Trading partner

Slowdown in exports to major markets

Continue to exert momentum on emerging market exports

The first decline in market share since China's accession to WTO

In 2011, the European debt crisis broke out, and the economic recovery of the United States and Japan was difficult. In such a complex and unfavorable trade environment, China's textile and clothing exports to the main markets continued to grow throughout the year, maintaining steady growth in the first half of the year, and entering the second half of the year, especially at the end of the three quarter, the export growth rate of the major markets has all dropped, and the market share has dropped for the first time since China's accession to the WTO.

The EU market: the economy has stagnated, and its export growth to Europe has dropped by 4 percentage points. The European debt crisis has dragged the European economy into a mire. According to recent data released by the European Union statistics bureau, the EU's economic growth has stagnated. The EU's economic growth rate increased by 0.2% in the third quarter, unchanged from the previous quarter, far below the 0.7% in the first quarter. The core of the crisis is mostly early EU countries, such as Greece, Italy, Spain, Portugal and so on. The euro zone has seen signs of recession, and the euro zone consumer confidence index slipped from -21.2 in November to -21.2 for the sixth consecutive month in November. In 2011, China's total exports to the EU totaled 53 billion 450 million US dollars, an increase of 19.7%, an increase of 4 percentage points over the previous year.

The US market: the economic trend is uncertain and exports to the US are growing slowly. Despite the improvement in economic data, the annualized growth rate of the US GDP reached 2.8% in the fourth quarter, but the foundation of the US economic recovery is not solid and the road to recovery is still long. Declining consumer sentiment, high unemployment, low real estate market and huge external debt are always the plaguing problems of the US economy. In 2011, China exported $37 billion 670 million to us textile and clothing, an increase of 11.7%, the slowness of growth in the three largest market, an increase of 11 percentage points from the previous year.

The Japanese market: there is no hope of economic recovery. In 2011, the rapid appreciation of the yen and the "3. 11" earthquake severely hit Japan's exports, causing Japan's first trade deficit for the first time in 31 years and Japan's economic recovery. China's total exports to Japan amounted to US $27 billion 100 million, an increase of 20.8%. Affected by the rebound in demand after the earthquake, the annual export growth was relatively fast, and the growth rate reached more than 30% in two consecutive months. However, after the four quarter, the growth rate dropped rapidly, with an increase of only 5% in December.

ASEAN and some emerging markets: in 2011, China's total exports to the three largest markets in Europe, America and Japan totaled 118 billion 220 million US dollars, an increase of 17.3%, accounting for 47.7% of the total export share, representing a 1.1 percentage point decrease compared with the previous year. China has increased by 22.8% over the other three markets, increasing by more than that of the traditional market. Among them, exports to ASEAN amounted to 19 billion 860 million US dollars, an increase of 34.1%, an increase of 25.1% in Africa, an increase of 38.1% in Latin America and an increase of 26.9% in the Middle East.

In 2011, the bilateral trade volume between China and ASEAN reached US $21 billion 940 million, an increase of 33.8%. ASEAN has become the largest export market of yarn fabrics in China. In 2011, the export volume of ASEAN yarn fabrics increased by 34.4% over the same period last year, accounting for 18.7% of the total exports of China's yarn fabrics, representing an increase of 7.2 percentage points compared to 2005.

Over the years, "made in China" has been well received by global consumers and has a strong position in the international market. Even though the last financial turmoil raged in 2008, the share of China's textile and apparel in the three main markets of the European Union, the United States and Japan continued to grow. But in 2011, share dropped. According to the data released by the Department of textiles and clothing of the US Department of Commerce (OTEXA), the amount of textiles and clothing imported from the United States in China in 2011 1~11 amounted to 23 billion 360 million square meters and 37 billion 890 million US dollars, accounting for 46.8% and 40.2% of total imports and imports respectively, representing a decrease of 0.1 percentage points and 1 percentage points respectively over the previous year. According to EU statistics, in 2011 1~10, the European Union imported $55 billion 80 million of textiles and clothing from China, accounting for 41.7% of its total imports, representing a decrease of 1.2 percentage points over the previous year. According to Japanese statistics, in 2011, Japan imported 31 billion 590 million of its textiles and clothing from China, accounting for 74.9% of its imports, representing a 2.2 percentage point decrease compared with the previous year. This is the first time that the share of textiles and clothing in these three markets has dropped for the first time since joining the WTO. {page_break}

foreign trade enterprise

Export growth of private enterprises wins the championship

Trade in small, medium and small enterprises

In 2011, the export status of private enterprises was further enhanced, with an export volume of US $138 billion 530 million, accounting for 55.9% of total exports, representing a 2.5 percentage point increase over the previous year. Over the same period, the share of state-owned and state-owned shareholding enterprises and foreign-invested enterprises continued to shrink to 15.6% and 28.4%, respectively, which were 0.6 and 1.9 percentage points lower than the previous year. The three main categories of enterprises' exports were all growing, among which private enterprises grew fastest, with an increase of 25.7%, and state-owned enterprises and foreign-funded enterprises increased by 15.8% and 12.4% respectively.

The number of export enterprises has reached more than 80000 in the whole year, an increase of more than 5700 over the previous year and a new high. Among them, private enterprises accounted for 73%, the number of export enterprises increased by 11.2%, and the number of state-owned enterprises and three capital export enterprises continued to shrink.

70% of the enterprises in the country achieve export growth, and the situation of large enterprises is relatively better than that of small, medium and small enterprises. 3/4's large and super large enterprises have achieved export growth, while small and medium-sized enterprises with export volume of less than US $5 million have only 2/3 to achieve export growth. In the enterprises with declining exports, the number of small, medium and small enterprises accounts for more than 90%.

Regional exports

The two provinces of Zhejiang and Zhejiang are most popular.

More than 90% of the total exports of all provinces, municipalities and districts (excluding Hong Kong, Macao and Taiwan) have increased. The total exports of Zhejiang, Guangdong, Jiangsu, Shanghai and Shandong totaled US $185 billion 140 million, accounting for 74.7% of total exports, accounting for nearly 1 percentage points from last year, and 18.5% of total export growth in the top five export places. Exports of Zhejiang and Jiangsu maintained a relatively fast growth rate, higher than the national average level, while the export growth rates of Shanghai, Shandong and Guangdong were lower than the average. In recent years, Guangdong's position in the export of textile and clothing has gradually declined. In 2011, exports accounted for only 17.2%, which was 7.3 percentage points lower than that in 2007 five years ago. In the same period, Fujian's export share expanded year by year. In 2011, Fujian exported 17 billion 620 million US dollars, accounting for 6.8% of the total export volume, an increase of 2.6 percentage points compared with 2007.

Judging from the three major geographic regions of the country, the proportion of exports in the eastern and central and western regions has not changed significantly, and the eastern region still has an absolute advantage. At the same time, the eastern region is still the fastest growing region of exports. In 2011, exports in the eastern region increased by 20.2%, while in the West and the West increased by 17.5% and 19.8% respectively.

Import survey

Garment imports speed up to catch up with textiles

Textile raw materials import value double growth

In 2011, imports of large categories of commodities increased. Textile imports amounted to 19 billion 30 million US dollars, an increase of 7.4%, among which the fastest growing textile products were 11%, and 60.2% of the finished products were domestic textiles. Yarn and fabric imports grew by a small margin of 7.5% and 5.9% respectively. Clothing imports grew by 59.4%, faster than that of textiles. Among them, knitted and woven garments grew by 63%, and fur and leather garments increased by 115.5%.

In recent years, the import of yarn and fabric has been decreasing. In 2011, the import of 1 million 608 thousand tons of yarn was only higher than that in 2008 in the past five years, down 13.4% from the same period last year. The import volume of fabrics decreased year by year, and in 2011, it reached a new low of nearly five years, a decrease of 4% over the same period last year. To a certain extent, the decline of yarn fabric imports is affected by the slowdown of export growth, but the main reason is that our manufacturing technology upgrading in the upstream of the textile industry chain and the fabric self-sufficiency rate are improved.

The average unit price of imports of major commodities rose in all directions. Yarn and fabric rose by 24.1% and 10.3% respectively, of which cotton and wool products rose the fastest and chemical fiber products were slightly slower. Knitted and woven garments increased by 20.9%, of which silk and woolen garments rose the fastest.

The annual import of textile raw materials exceeded 5 million tons, reaching 5 million 108 thousand tons, and the import amount was 15 billion 330 million US dollars. The volume and value of textile raw materials increased by 7.4% and 48.2% respectively. The import value of cotton, wool and chemical fiber, which are the main imports, all increased. Cotton imports reached 3 million 365 thousand tons, an increase of 18.5%, the import volume reached 9 billion 470 million dollars, an increase of 67.4%; the import volume and value of wool increased by 1.3% and 45.7% respectively; and the import volume and value of chemical fiber increased 3.4% and 26% respectively. The imports of silk and wool fell and the decline was larger.

The unit price of raw materials imports rose substantially. The average annual price of cotton is 2810 US dollars / ton, up 41.2%, wool up 43.8%, chemical fiber 22.1%, wool top 37.3%, silk up 11.7%.