European And American Markets Promoted China'S Textile Clothing Exports To New Heights In July

July

Clothing exports hit a new high in the past month, increasing over the two quarter, driving 1~7 month's cumulative export growth to 5.1%; 1~7 months, the whole country

The total trade volume of clothing increased by US $178 billion 250 million, an increase of 4.8%, of which exports were US $162 billion 850 million, imports of US $15 billion 400 million, an increase of 1.5%, and the cumulative surplus of US $147 billion 450 million, an increase of 5.5%.

From the perspective of export, pull July.

The main reason for the rapid growth is general trade. In the same month, general trade exports amounted to 23 billion 660 million US dollars, accounting for 78% of total exports, up 11.5% over the same period last year, exceeding the average increase by 6 percentage points.

In the same period, the export volume of processing trade and border trade decreased by 1.7% and 8.4% respectively, which all contributed to the overall export.

In 1~7 months, general trade exports increased by $124 billion 860 million, an increase of 5.7%, and processing trade and border trade increased by 0.6% and 1.5% respectively.

Increase in clothing prices, Europe and the United States to consolidate

In July, China's clothing export growth rate further accelerated, the export of US $20 billion 240 million in the month, reaching a new high in the year, an increase of 11.9% compared with the same period last year, and textile exports increased by US $10 billion 110 million, an increase of only 5.5%.

Clothing, knitted and woven garments total exports of 3 billion 510 million pieces (sets), an increase of 10.3%, the average export unit price gradually increased to 4.92 dollars / piece (set), to enhance 1.2%.

In 1~7 months, China's textiles and clothing exported 63 billion 420 million US dollars and 99 billion 430 million US dollars respectively, increasing by 4.4% and 5.6% respectively. Of them, knitted and woven garments totaled 20 billion pieces (sets), up 8.7%, but the export unit price dropped by 2.7%.

The EU's growth rate exceeded 20% in fifth consecutive months.

In July, China's textile and garment exports to the EU continued to increase, exports 7 billion 440 million US dollars, an increase of 21.1% in the month, and the growth rate has been maintained for more than 20% months in fifth months.

Among them, exports of knitted and woven garments of key commodities were 900 million (sets), an increase of 20.4%.

In 1~7 months, China's total exports to the European Union totaled 33 billion 540 million US dollars, an increase of 19%, of which 4 billion 670 million of the total exports of knitted and woven garments amounted to 17.9%, and the average unit price of exports increased by 3.8%.

The United States has a consistent growth in the number of digits.

In the three quarter, China's textile and clothing exports to the United States continued to grow. In July, exports of US $4 billion 740 million, an increase of 7.5%, of which 630 million of the key items of knitted and woven garments were exported (5.1%), and the average export price increased by 2.5%.

In 1~7 months, China's total exports to the United States totaled $24 billion 190 million, an increase of 7%, of which 3 billion 450 million of knitted and woven garments were exported (set), an increase of 3.2%, and the export average unit price increased by 4.4%.

In pace with ASEAN's overall growth rate

In July, the growth rate of China's textile and clothing exports to ASEAN was further slowed down. The export volume of US $2 billion 960 million in that month increased by only 0.8%, of which exports to Vietnam and Indonesia continued to grow, while all other countries declined.

The growth rate for Vietnam also dropped rapidly, with an increase of only 10.6%.

In the export commodities, the garment export which grew rapidly in the early period increased by only 4%, and the textile product decreased by 1.5%.

In 1~7 months, China's total exports to ASEAN increased by US $19 billion 650 million, an increase of 2.8%, of which 8.4% of textiles and 5.3% of clothing.

6 consecutive months of negative growth in Japan

As of July, China's textile and clothing exports to Japan have been negative for 6 consecutive months, and the outlook for Japan's exports is still not optimistic.

In July, exports amounted to 1 billion 940 million US dollars, down 6%, of which the export volume of key goods knitted and woven garments decreased by 8.5%.

In 1~7 months, China's total exports to Japan amounted to 13 billion 80 million US dollars, a decrease of 8.1%, of which the export volume of knitted and woven garments decreased by 8.5%, and the average unit price of exports dropped by 3.4%.