China's Foreign Garment Export Growth Slowed Down In 2014

According to the latest customs statistics, 1-11 months in 2014, China Clothing products The export growth rate dropped by 6.1 percentage points compared with the same period in 2013. In this regard, the industry believes that due to the peak shipment of clothing products has passed, resulting in a decline in clothing exports. In addition, due to the abolition of the cotton purchase and storage policy in 2014, cotton prices declined all along, and the unit price of cotton clothing exports fell by 2.7% and the total export volume dropped by 3.7%.

According to the data provided by the General Administration of customs, China's garment export industry has been running smoothly in the month of 2014 1~11, and the total export volume of clothing has reached 170 billion 390 million US dollars, up 5.9% over the same period last year, and the growth rate was 6.1 percentage points lower than that in the same period in 2013. In November, exports in the single month amounted to US $14 billion 800 million, down 1.32% from the same period last year. The head of the China Textiles Import and Export Chamber of Commerce said that since February 2014, the export volume for the first month has declined for the first time in November compared with the same period in November. The main reason is that the base period of the same period in 2013 was relatively large, and due to seasonal reasons, the peak period of shipment of clothing products in November has already passed, and the export volume has declined.

In addition, due to the cancellation of our country in 2014 cotton The policy of purchasing and storing the cotton prices declined all the way, about 25%, and the unit price of cotton clothing exports fell by 2.7%, and the total export volume dropped by 3.7%.

　　 Negative export growth for Japan and ASEAN

According to the data provided by the China Textile chamber of Commerce, in 2014 1~11, the major developed economies recovered, and the main import market demand of the European Union and the United States continued to recover. China's clothing products exports to the EU $41 billion 920 million, an increase of 16.1%, accounting for 24.6%; exports to the United States 30 billion 720 million U. S. dollars, an increase of 7.9%, accounting for 18%.

Affected by the shift of Japanese purchasing focus and the increase of consumption tax, the export of clothing products to Japan has been negative growth since February 2014, with an export volume of US $18 billion 200 million, a decrease of 11.1% compared with the previous period, accounting for 10.7%. Due to the containment of false trade arbitrage in 2014, exports to Hongkong in China continued to decline year-on-year, and exports amounted to 7 billion 960 million US dollars, down 16.6%, accounting for 4.7%.

At the same time, since 2014, China's clothing exports to ASEAN have continued to decline, with exports of US $12 billion 480 million, down 1.1%, accounting for 7.3%. Among them, exports to Malaysia and Singapore declined most significantly, down by 21.9% and 9.4% respectively. In 2014, 1~11 exports to Russia amounted to US $9 billion 300 million, an increase of 16.3%. The relevant responsible person said that due to the recent ruble depreciation, the export of clothing products to Russia in November 2014 fell sharply, with a decrease of 23%. In addition, in November 2014, a single month in China Clothing products Exports to Mexico and Korea grew faster, up 41.8% and 29.3% respectively, while exports to Kazakhstan and Panama declined rapidly, down by 14.8% and 11% respectively.

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　　 Unit price of cotton clothing continues to fall

According to the data provided by the China Textile Import and export chamber, total exports of woven garments in China in 2014 1~11 amounted to US $70 billion 590 million, an increase of 21.2% compared with 2013, an increase of 25.6% in export volume, a total export of knitted garments of 75 billion 130 million US dollars, a decrease of 5.2%, and a decrease of 1.2% in export volume. Exports of cotton and silk knitted garments continued to decline, down 16.7% and 57.4% respectively, and gross leather clothing exports totaled $3 billion 80 million, up 29.6% over the same period last year.

It is understood that due to the abolition of the cotton purchase and storage policy in 2014, cotton prices declined all the way, falling by about 25%, and the prices of downstream products were in the downward range. The unit price of cotton clothing exports fell by 2.7%, resulting in a total decline of 3.7% in total exports, amounting to $59 billion 730 million. The unit price of chemical fiber clothing is not large, because the number of exports increased by 17.1%, which led to an increase of 16.4% in total exports and a total of 67 billion 110 million US dollars.

In addition, the export volume of Guangdong and Zhejiang was 32 billion 460 million and 30 billion 410 million US dollars respectively in the top five provinces and cities of garment export, which increased by 8.4% and 4.6% compared with the same period last year, ranking two in the first place. Jiangsu's export volume was 23 billion 540 million US dollars, up 4.2% over the same period last year, and third in Fujian and Shanghai respectively. The export volume of Hunan and Guizhou increased rapidly, with an increase of 187.6% and 118.2% respectively. Exports of Jilin and Shanxi declined rapidly, with a decrease of 32.8% and 60.8% respectively.