Shandong Port Textile And Garment Exports Increased Speed In The First 11 Months

According to the statistics of Qingdao customs, in the first 11 months, Shandong port's textile and apparel exports totaled 14 billion 360 million US dollars, an increase of 13.9% over the same period last year.

Export growth is accelerating.

Since November 1st, China has increased the export rebate rate of some textiles and garments, which has stimulated the growth of textile exports, and exported 1 billion 340 million US dollars in November, an increase of 12.1% over the same period last year, an increase of 6.3 percentage points over the October export growth and a 3.8% increase in the ring.

General trade exports grew rapidly, and the growth of processing trade exports was weak.

In the first 11 months, Shandong port's general trade exports of textiles and clothing increased by 22.2%, while the processing trade exported 5 billion 810 million US dollars, an increase of 3.2% over the same period of 8 billion 430 million months.

Exports to the EU have increased significantly, and exports to the US have been sluggish.

In the first 11 months, the Shandong port exported 2 billion 420 million dollars to the EU's exports of textiles and clothing, an increase of 31.7%; exports to the United States 2 billion 150 million dollars, with a slow growth of 3%; Japan was the largest export market, exports 3 billion 470 million U. s.dollars, an increase of 13.8%, accounting for 24.2% of the total value of textiles and clothing exports over the same period; exports to Korea were flat compared with the same period last year, and exported to 1 billion 650 million U. S. dollars.

Textile exports are growing faster than clothing.

In the first 11 months, the export of textiles at Shandong port was US $7 billion 280 million, an increase of 16.5%, which is 5.3 percentage points higher than that of the same period.

Since December 1st, China has once again raised the export rebate rate of some textiles and garments, further improving the international competitiveness of China's textile and clothing and promoting export growth.

But we should also clearly see that the recession of the developed countries will inhibit the consumption of textile and clothing products, the demand of the international market will weaken, and the capacity of the global textile and clothing is still expanding. The contradiction between the two will aggravate the competition of textile and clothing in the international market. At the same time, the international trade protectionism is rising, and the textile and clothing export which has been in the high risk of trade friction is facing severe challenges.

Yang Jing: editor in charge