China's Textile And Garment Exports Showed Signs Of Recovery In The First Half Of This Year

Our country textile industry After encountering the "cold spell" last year, exports showed significant signs of recovery in the first half of this year, and the growth rate of textile raw materials, products and textile machinery exports increased.

Although textile exports showed marked signs of recovery this year, they still face the following outstanding problems: first, the rapid appreciation of the RMB directly affects the export profits of the textile industry; the export situation is not optimistic; two, the rising cost of raw materials and labor will further enhance the business base, exacerbate the loss of export orders to Southeast Asian countries; three, the various trade barriers suffered by the textile industry are showing a rising trend, which poses certain risks for the export of textile enterprises in China.

According to the customs information network, China exported 123 billion 260 million US dollars of textile raw materials and products in the first half of this year, an increase of 12% over the same period last year.

Among them, the export of natural fiber products was 11 billion 540 million US dollars, an increase of 14.6% over the same period last year. The export of chemical fiber and industrial textiles products was 19 billion 990 million US dollars, an increase of 8.1% over the same period last year, and clothing and accessories products exported 91 billion 720 million US dollars, up 12.6% over the same period last year. In addition, China's textile machinery exports amounted to US $1 billion 170 million in the first quarter, an increase of 7.5% over the same period last year.

Significant growth in exports of natural fiber products to Southeast Asian countries

In the first half of this year, the main export markets of China's natural fiber products were Hongkong, Vietnam and Bangladesh. The total exports to the above three markets accounted for 39.7% of the total exports of natural fiber products in the same period. The exports to the above three markets were 2 billion 50 million, 1 billion 390 million US dollars and 1 billion 140 million US dollars, respectively, up 29%, 27.1% and 29.9% respectively over the same period.

It can be seen that China's textile and clothing export advantage is gradually being replaced by low labor cost countries such as Vietnam and Bangladesh, which is constantly being increased by the rising cost of China's textile industry and the continuous strengthening of trade barriers to China's textile and clothing products in the international market.

Judging from the main exports of natural fiber products, the export volume of all types of cotton fabrics ranks the top.

From the perspective of export enterprises, the export concentration of natural fiber products in China is relatively low, and the total export volume of the top 10 enterprises accounts for 14.5% of the total export volume of the same period.

Chemical fibre and industrial use textile Exports to Vietnam have increased substantially, and exports to the US have dropped.

In the first half of this year, China's chemical fiber and industrial use Textile products Exports amounted to US $19 billion 990 million, an increase of 8.1% over the same period last year, of which exports to Vietnam were US $1 billion 420 million, an increase of 34.9% over the same period last year; US exports to US $1 billion 160 million, down 8.6% compared to the same period last year; exports to Hongkong, China, stood at 1 billion 70 million US dollars, up 7.1% over the same period last year. The total export volume of the above three markets accounts for 18.2% of the total export volume of China's chemical fiber and industrial textiles in the same period.

Judging from the main exports of chemical fiber and industrial textiles, there are altogether 7 varieties of polyester varieties with the highest export volume and more than US $200 million in exports.

From the perspective of export enterprises, the export concentration of China's chemical fiber and industrial textiles is relatively low, and the total export volume of the top 10 enterprises in the export volume accounts for only 4.2% of the total export volume of the same period.

Clothing and accessories exports to Japan continue to fall, cotton clothing is still the main export varieties.

In the first half of this year, China's clothing and accessories exports amounted to US $91 billion 720 million, an increase of 12.6% over the same period last year. Among them, exports to the European Union amounted to US $18 billion 170 million, an increase of 3.3% over the same period last year, while exports to the US and Japan respectively were US $15 billion 650 million and US $10 billion 930 million, up 7.5% and 0.3% respectively over the same period last year. The total export volume of the above three markets accounts for 48.8% of the total export volume of clothing and accessories in China over the same period.

From the perspective of the main export varieties, mainly cotton based clothing. In the first half of this year, there were 8 varieties of exports exceeding US $1 billion.

From the perspective of export enterprises, the export concentration of clothing and accessories in China is more dispersed than that of textile raw materials, and the total export volume of the top 10 enterprises in the export volume accounts for only 3.5% of the total export volume of the same period.

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Export of textile machinery to Vietnam is increasing rapidly.

In the first half of this year, China Textile machinery products Total exports of US $1 billion 170 million, an increase of 7.5% over the same period last year. Among them, exports to India amounted to 240 million US dollars, an increase of 16.3%, and exports to Vietnam amounted to US $110 million, a rapid increase of 1.3 times. The total export volume of the above two markets accounts for 29.1% of the total export volume of textile machinery products in the same period.

From the perspective of export enterprises, the export concentration of China's textile machinery products is relatively concentrated, and the total export volume of the top 10 enterprises accounted for 27.3% of the total export volume of China's textile machinery products in the same period.