Taking Stock Of The Overall Situation Of Textile And Clothing Trade In 2014, The Overall Growth Is Steady.

Situation overview

Overall steady growth

In 2014, the Chinese economy entered the "new normal" stage under the background of "three phase superposition" and the slow recovery of global economy, and import and export trade faced a series of new challenges.

Textile and clothing as the main labor-intensive industries, the impact of exports is greater than other products, but with the joint efforts of policy support and national export enterprises, export volume is still high, and from the export situation of every month, it has always maintained a stable trend. In addition to falling more in the 2 months of the year, the average monthly growth in the middle and the second half of the year has shown a moderate decline. At the end of the year, two months showed a slight decrease, and the annual growth rate was 5.1%, which was basically consistent with the forecast of the beginning of the year.

Trade structure

General trade volume increase

Volume growth of private enterprises

In 2014, general trade exports increased by $226 billion 430 million, an increase of 5.8%, an increase of $12 billion 870 million in imports, an increase of 3%, and a further increase in imports and exports, reaching 48.5% and 75.9%, respectively, representing a 2.2 percentage point increase and 0.5 percentage points higher than that in 2013, and imports accounted for the first time in excess of processing trade.

The import and export of processing trade and border trade decreased, processing trade imports and exports decreased by 10.2% and 2.9% respectively, and the import and export of small frontier trade decreased by 16.4% and 1% respectively.

While the trade structure continues to optimize, the composition of export enterprises is also more reasonable.

In 2014, private enterprises exported 194 billion 550 million US dollars, an increase of 9.7%, more than the average increase, accounting for 65.2% of the total export volume, an increase of 2.8 percentage points over 2013.

The proportion of state-owned enterprises and foreign-funded enterprises decreased to 11.9% and 22.8% respectively.

Among the 80 thousand export enterprises in the country, the proportion of state-owned enterprises and foreign-funded enterprises is less than 1/4, while private enterprises are close to 80%.

Trade partner

The growth of Europe, America and ASEAN

The EU is the fastest growing traditional market.

In 2014, the EU economy was in a slow recovery stage, and the foundation for recovery was steadily improving.

By the end of the three quarter, the GDP of the European Union and the euro area increased by 1.3% and 0.8% respectively, while the unemployment rate reached a new low in 3 years.

With the economic recovery, consumer demand has increased accordingly.

In 2014, China's exports to the EU reached 58 billion 660 million US dollars, an increase of 13.6%, ranking the first in the traditional market growth.

China's textile and clothing exports to the EU grew by 9.3% and 14.8% respectively.

Among them, the export volume of main commodity needles and woven garments was nearly 8 billion pieces (sets), an increase of 11.1%, and the average unit price of exports was 5 dollars / piece (set), an increase of 14.4%.

Exports to the US are high

In 2014, the US economy continued to recover steadily.

According to the report of the economic analysis Bureau of the US Department of Commerce, the US GDP grew by 2.4% in 2014. With the appreciation of the US dollar and the fall in oil prices, the US consumer spending gradually increased, and the four quarter grew by 4.3%.

Correspondingly, in 2014, China's exports to the United States reached a record $44 billion 740 million, an increase of 7.5%, an increase of nearly 3 years.

Exports of textiles and clothing to the United States increased by 6% and 8% respectively, of which 6 billion 230 million of the total share of needles and woven garments accounted for 6 billion 230 million (4.4%), with an average export price of 4.5 US dollars / pieces (sets) and 3.5%.

ASEAN market fever decreases

After 4 consecutive years of rapid growth, the pace of China's export growth to ASEAN began to slow down in 2014, when exports to ASEAN amounted to $36 billion 100 million, which only increased by 5.5%, slower than that of the European Union and the United States.

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An increase of 10.9%. In recent years, the rapid growth of clothing exports has been reduced, or even 2.1% negative growth.

The main reason for the decline in garment exports is the decrease in the export volume and value of knitted garments by 15.8% and 34.8% respectively. This is in sharp contrast to the fact that the relatively high price of woven garments exports still maintained high growth, and the export volume and value increased by 120% and 14.5% respectively.

Exports to Japan continue to decline

The Japanese economy did not improve significantly in 2014. At the same time, the appreciation of RMB and the pfer of orders made China's exports to Japan continue to deteriorate, and Japan continued to be the only traditional market for China's exports to decline.

Exports to Japan for the whole year were 24 billion 510 million US dollars, down 9.1%, a drop of 8 percentage points more than in 2013.

Textiles and clothing decreased by 1% and 10.9% respectively. Especially, the export volume of main export needles and woven garments fell below 3 billion for the first time in recent years, down 9.7% compared with the same period last year, and the decline was also the highest in the past 5 years.

The average export price of needle and woven garments is 5.8 US dollars / piece (set), down 1.9%.

Three big traditional market share drops

According to the EU customs statistics, in 2014 1~11 months, the EU imported $125 billion 700 million from the global textile and apparel industry, an increase of 8.9%.

The EU has imported $47 billion 510 million of textile and apparel products from China, an increase of 7.4%, lower than the average growth rate, and imports of textiles and clothing from ASEAN 11 billion 210 million US dollars, an increase of 13.4%.

China's textile and apparel market share in the EU was 37.8%, down 0.5 percentage points from the same period last year, and the ASEAN market share was 8.9%, an increase of 0.3 percentage points over the same period last year.

Turkey and Bangladesh accounted for 13.4% and 11.2% respectively.

According to us customs statistics, in 2014 1~11 months, the United States imported textiles and clothing from the world for 108 billion 560 million US dollars, an increase of 2.9%.

Among them, imports of textiles and garments from China amounted to 41 billion 580 million US dollars, an increase of 1.5%; and imports from ASEAN amounted to US $20 billion 790 million, an increase of 4%.

The share of Chinese products in the US market is 38.3%, down 0.5 percentage points from the same period in 2013.

ASEAN's share in the US market was 19.2%, an increase of 0.2 percentage points over the same period in 2013.

According to Japanese customs statistics, in 2014, Japan imported $40 billion 130 million over the whole year, down 5.5%.

Among them, imports from China amounted to 27 billion 40 million US dollars, a decrease of 10.5%, a decline of over average, and an increase of 11.3% from ASEAN's imports of 7 billion 380 million, mainly from Vietnam and Indonesia.

China's share in the Japanese market continues to be eroded by ASEAN, with China's share falling below 70% for the first time, accounting for only 67.4%, down 3.7 percentage points from 2013, while ASEAN's share rose to 18.4% in the same period, a 3.8 percentage point higher than that in 2013.

Export profile

Insufficient growth in clothing growth

Prices of major commodities fall

In 2014, textile exports amounted to 112 billion 180 million US dollars, an increase of 4.9%, clothing exports of US $186 billion 310 million, an increase of 5.2%, and clothing growth was still higher than that of textiles. However, from the annual trend, especially in the fourth quarter, the export growth rate of clothing began to slow down, and negative growth appeared in the last two months, and the export growth rate of textiles was catching up with and surpassing that of clothing.

The export growth of the three categories of textiles increased gradually with the increase of processing level: the yarn decreased by 0.3%, the fabric grew by 4.9%, and the textile finished products increased by 6.3%.

Clothing, needle and woven clothing total exports 35 billion 500 million pieces (sets), an increase of 6.6%.

The prices of major export commodities declined, yarn decreased by 8.1%, and needle and woven garments decreased by 1.3%.

Eastern exports grew steadily

The central and western regions fluctuated greatly.

In 2014, the eastern region and the central and western regions achieved export growth, while the eastern region exported 284 billion 220 million US dollars, an increase of 4%.

Among them, Zhejiang, Guangdong, Jiangsu, Fujian and Shandong rank among the top five export provinces and cities, with the exception of Fujian's small decline, all have maintained export growth, and the 5 provinces have contributed 68% to the national export growth.

Moreover, the export growth of various provinces was relatively stable.

The total exports of the central and western regions totaled 50 billion 280 million US dollars, an increase of 10.5%, an increase over the eastern region, of which 9 provinces and cities had an export growth of more than 20%.

However, the problem of uneven development between the central and western regions and the large fluctuation of domestic exports increased.