The Export Situation Is Grim &Nbsp; The Textile Industry Still Has A Competitive Edge.

Data show that China's exports to the United States in 2009 amounted to 426 million 522 thousand and 400 meters, which was basically the same as that in the same period in 2008. In 2009, China exported 6 billion 640 million 285 thousand and 100 sets of clothing to the United States, an increase of 14.15% over the same period in 2008.

In 2011, American consumers showed a conservative mentality. As of November 30, 2011, the United States imported overseas garments and imported garments according to the import units. textile The number is reduced by 2%. In dollar terms, imports surged by 9.2%, mainly due to rising prices of raw materials, including cotton and polyester.

U.S.A Import of textiles and garments Julie Hughes, President of the business association, said: "prices continue to rise and the number of garments is decreasing." Julie Hughes

As of November 30, 2011, the amount of clothing purchased in the United States amounted to $101 billion 300 million, of which 95% of overseas clothing purchases. In comparison, the amount was $92 billion 700 million last year. But according to the square meter (fabric measurement), the United States imports only 54 billion square meters, compared to 55 billion 200 million square meters in 2010. Cotton prices are partly responsible for the gap. Cotton prices began to soar in November 2009, when cotton prices were 72 cents / pound and rushed to 2.30 dollars / pound in March 2011.

During the 12 months of 2011, China's exports of clothing and textiles to the United States increased by 6.2% to $40 billion 600 million. But the number of units decreased by 2.5% to 25 billion 200 million square meters. China accounts for 46% of all imports of clothing and textiles by US companies.

The foreign trade data of January this year show that China's foreign trade situation is not optimistic. The Chinese government attaches great importance to it, and experts and scholars have also paid great attention to it. Many experts and analysts said that from a year-round perspective, China may face more complicated foreign trade situations. Whether the global economy is improving or not is still unclear. The RMB appreciation and other factors will also affect China's future export situation. The Ministry of Commerce said relevant steady growth measures are under study.

In the last month of 2011, both import and export data showed negative growth. foreign trade The situation is more severe, which is slightly unfavorable to economic development, especially China's exports to the EU are very worrying.

Cheng Manjiang, a macroeconomic strategist at Bank of China, believes that China's import and export growth or further slowdown this year. Cheng Manjiang pointed out: "in recent months, the growth of most traditional commodities has continued to slow down."

In addition to the sharp slowdown in China's export growth to the EU, the recent slowdown in Asian economic growth has led to a continuous slowdown in China's export growth to most Asian economies.

Specifically, in January, China's exports to Japan, South Korea and ASEAN increased by 6.1%, 9.2% and 1.1% respectively, compared with 22.5%, 20.6% and 23.1% in the 1-12 months of last year. Over the same period, exports to Australia and Russia increased by 11% and 8.2% respectively, compared with 24.6% and 31.4% in the 1-12 months of last year.

According to industry analysts, "the current foreign trade situation is not very optimistic. At the same time, the trade surplus is higher than the market expectation, and the pressure of RMB appreciation is still in existence. These factors are not conducive to exports, and will also have a certain impact on China's economy. China's foreign trade situation is grim or monetary policy will be further relaxed, in order to ease the financial pressure on enterprises.

"China's monetary policy has some policy adjustment space, but the government also needs to intensify domestic demand stimulation so as to raise the consumption level of the residents." Industry analysts said.