European And American Recovery And Differentiation

According to customs statistics, in March this year, China's textile and clothing trade volume was US $20 billion 910 million, an increase of 12% over the same period last year, of which exports were US $18 billion 790 million, an increase of 13.4%, and imports of US $2 billion 120 million, an increase of 1.1%. In the first quarter of this year, the total volume of textile and clothing trade increased by US $55 billion 420 million, an increase of 3.1%, of which 50 billion 20 million US dollars were exported. increase 2.9%, imports of US $5 billion 400 million, an increase of 5%. The cumulative surplus of $44 billion 620 million, an increase of 2.6%.

Months in the first quarter Textiles and garments There is a sharp fluctuation in imports and exports. Exports plunged from $21 billion 500 million in January to less than $10 billion in February, and rebounded to $18 billion 800 million in March. 1, exports in February were negative year-on-year growth, and 13.4% growth in March. Imports fell by nearly 30% in January, up nearly 60% in February and 1.1% in March. In the first quarter, both imports and exports achieved double-digit growth and import growth exceeded exports. As traditional consumer goods, textile and clothing exports still face obvious pressure, and the growth rate of exports is lower than the overall level of the national cargo trade.

Core export market recovery Varying degrees

EU market: China's exports to the EU are still declining, and the volume of clothing exports has gone up. In the first quarter, China's exports to the EU continued to decline in the second half of last year, with a total export of US $9 billion 430 million, a decrease of 8.3%, of which 2 billion 620 million US dollars in textile exports decreased by 3.8%, and clothing exports 6 billion 820 million US dollars, down 10%. Among them, the export volume of knitted and woven garments decreased by 11.1%, and the export unit price rose by 0.4%. In March, exports to the European Union amounted to 2 billion 940 million US dollars, an increase of 3.5%. Among them, textiles decreased by 2.7% and clothing increased by 7%.

US market: exports to the US have achieved two digit growth, and export unit price growth has dropped. In the first quarter, China's exports of textiles and clothing to the United States increased by 7 billion 490 million US dollars, an increase of 11%, which is higher than the global export level. Among them, textile exports amounted to 2 billion 150 million US dollars, an increase of 11.8%, and clothing exports of US $5 billion 340 million, an increase of 10.6%. The increase in the unit price of major US export commodities, including yarn and fabric prices, decreased by 2% and 11.7% respectively. The export volume of knitted and woven garments increased by 5.5%, and the export unit price rose by only 3.1%. In early 2012, with the gradual improvement of the US market, China's exports to the United States were better than the overall level of global exports. In March, China exported $2 billion 740 million to the US, an increase of 25.5%. Among them, textiles grew by 23.2% and clothing increased by 26.5%. The export volume of knitted and woven garments increased by 27.1%, and the export unit price dropped by 1.3%.

Japan's market: exports to Japan's main commodities continued to grow, clothing exports declined, and unit prices remained unchanged. In the first quarter, China exported $6 billion 280 million to Japanese textile and clothing, an increase of 7.7%. Among them, textiles grew by 6.8% and clothing increased by 7.9%. Exports of knitted and woven garments of main export commodities decreased by 2.4% and export unit prices increased by 9.7%. In March, China exported $2 billion 410 million to Japan, an increase of 4.4%, of which 1.7% of textiles and 5.8% of clothing. The export volume of knitted and woven garments decreased by 4.6%, and the export unit price rose by 10.5%.

ASEAN market share further climbed

In the first quarter, exports to ASEAN amounted to 4 billion 580 million US dollars, an increase of 19.3%, of which yarn fabric exports totaled 2 billion 510 million US dollars, an increase of 9.3%. The unit price of yarn and fabric exports decreased by 10.3% and 3.2% respectively. The proportion of ASEAN's total exports to exports further climbed to 9.2%, representing a 1.2 percentage point increase compared to last year.

Among the ASEAN countries, Vietnam and China's textile and clothing trade are more closely linked, and China's export market ranking has surpassed Russia and the United Kingdom, and climbed to fifth place. Its exports amounted to US $1 billion 680 million in the first quarter, an increase of 29.6%, of which 3.8% of textiles and 238.5% of clothing. Meanwhile, China's imports from Vietnam have expanded continuously in recent years, with an average annual import growth of 73% in 2007~2011. In the first quarter of 2012, the import volume exceeded 220 million US dollars, which exceeded the total import volume in 2008, an increase of 40% over the same period.

In March, it exported $2 billion 170 million to ASEAN, an increase of 36.3%. Among them, the total yarn fabric increased by 23.4%, the export unit price decreased by 14% and 4.3% respectively, and garment export increased by 116.3%, of which knitted and woven garments increased by 126%, and the export unit price increased by 56.9%.

General trade imports and exports keep growing

In the first quarter, general trade totaled 37 billion 270 million US dollars, accounting for 74.5% of total exports, up 2.7% over the same period last year. The export volume of small frontier trade was US $1 billion 660 million, an increase of 24.6%. The export trade of bonded areas and the import and export trade of bonded warehouses totaled 1 billion 90 million US dollars, with an increase of 5.2%. Only processing trade exports declined by 1%. In terms of imports, general trade imports grew by 24.2%, and processing trade dropped by 5.7%. The negative growth of import and export of processing trade indicates that the export of processing trade will not be optimistic for a period of time.

In March, general trade exports increased by 15.7%, imports increased by 16.9%; processing trade exports and imports decreased by 2.8% and 6% respectively. Small frontier trade grew rapidly, and exports and imports increased by 39.3% and 80.9% respectively.

Yarn export volume and price down

In the first quarter, the total export volume of textiles was 20 billion 450 million US dollars, an increase of 1.4%, and clothing exports of US $29 billion 570 million, an increase of 3.9%. Among them, the export volume of major categories of yarn, fabric and knitted and woven garments reached 2 billion 710 million US dollars, 9 billion 470 million US dollars and 25 billion 660 million US dollars respectively. The export of fabrics and knitted and woven garments increased by 2.2% and 3% respectively, and the export of yarn decreased by 15.3%. From the export volume and price, yarn export volume and price fell 13.1% and 2.5% respectively, fabric exports increased by 6.2%, prices dropped 3.8%, knitted and woven garments exports fell 4.2%, and prices rose 7.5%.

In March, textile exports amounted to 8 billion 500 million US dollars, an increase of 7.7%, and clothing exports of US $10 billion 290 million, an increase of 18.6%. In the main export products, the yarn volume and price decrease led to a 19.4% decrease in export volume, an increase of 14.4% in fabrics, an increase of 13.5% in knitted and woven garments exports, an increase in the export unit price of 3.8% and an increase of 17.8% in exports.

Unit price of clothing imports keeps rising

In 2012, the growth rate of imports of textiles and clothing slowed down significantly. In the first quarter, the total imports of textiles amounted to 4 billion 360 million US dollars, an increase of only 0.5%, of which the yarn value and value of the main imported products increased by 13.5% and 2.8% respectively, and the import average unit price decreased by 9.4%. The import value of fabrics decreased by 18.3% and 1.1% respectively, and the average price of imports increased by 21%. Clothing imports totaled $1 billion 40 million, an increase of 29%, of which imports of knitted and woven garments increased by 6.3%, and imports increased by 29.4%. The average price of imports was 14.6 dollars / piece, up 21.8% over the same period last year, 5.3% higher than last year's average level.

In March, textile imports amounted to 1 billion 760 million US dollars, a decrease of 0.5%, of which yarn and fabric imports and imports reached the highest level in the first quarter. However, the performance of the two products was obviously different: the import of yarn increased, the price dropped, and the fabric decreased. Clothing imports $360 million in the month, an increase of 9.7%, of which imports of knitted and woven garments decreased by 1.6%, and the average import price rose by 10.8%.

Cotton imports increase and price trend will not change.

In the first quarter, cotton imports totaled 1 million 568 thousand tons, an increase of 84% and an import volume of 3 billion 660 million US dollars, an increase of 45.4%. The average unit price of imports fell from 2340 in the second half of last year to 21% US dollars in the same period last year. Chemical fiber imports totaled 183 thousand tons, an increase of 11.1%, an import volume of 580 million US dollars, an increase of 11.6%. The unit price of imports was 3181 US dollars / ton, up 0.5%.

In March, the import volume of cotton was 625 thousand tons, up by 126.1% and 1.5% respectively. The average price of imports was 2330 US dollars / ton, down 24.8%. Chemical fiber imports 60 thousand tons, an increase of 1%, the average import price of 3240 U. s.dollars / ton, down 2.6%.