In January, Exports Of Textile And Clothing Decreased By More Than 10%.

　　　 Customs head office The latest import and export data show that in January, China's import and export value decreased by 10.8% compared with the previous year, and the growth rate of imports and exports was both lower than expected. In the 1 month, the total value of China's imports and exports was 2 trillion and 90 billion yuan, down 10.8% from the same period in 2013. Among them, exports were 1 trillion and 230 billion yuan, down 3.2% compared to the same period last year, and imports were 0.86 trillion yuan, down 19.7% compared to the same period last year. The trade surplus was 366 billion 900 million yuan, an expansion of 87.5%.

Considering the impact of the Spring Festival on imports and exports at the beginning of the year, the decline in import and export, export and import in January was 7.1%, 1.3% and 14.4% respectively. According to the General Administration of customs, 2015, January Import and export of foreign trade Year-on-year decline, volume reduction is the main factor.

Statistics show that in January 2015, China textile Clothing exports 156 billion 333 million yuan, down 10.63% compared to the same period last year. Among them, textile yarn, fabrics and products exported 594.75 billion yuan, down 7.60%; clothing and accessories exports 96 billion 858 million yuan, down 12.40%. In dollar terms, exports of textiles and clothing in China amounted to 255.42 billion US dollars in January, down 10.71% from the same period last year. Among them, exports of textiles, yarns, fabrics and products were 9 billion 717 million US dollars, down 7.70%, and garments and accessories exported 15 billion 825 million US dollars, down 12.50%.

Liu Xin, deputy director of the Information Statistics Department of the China Federation of textile industry, analyzed that the high base last year was the main reason for the decline in exports in January. In 2014, the Spring Festival was affected by festivals at the end of the 1 month. The textile and garment export enterprises concentrated their exports in January 2014. The export volume reached US $28 billion 606 million and the growth rate reached 15.90%. She also pointed out that every year, 1 and February were affected by the Spring Festival and other factors. China's textile and clothing exports fluctuated greatly, and the export situation of the whole year needed to see the overall export trend in the coming months.

Gao Yong, vice president and Secretary General of China Textile Industry Federation, said that the decline in textile and clothing exports in January this year has been reflected in the slowdown in export growth in the 12 month of 2014. From the domestic perspective, China's textile industry has entered a new normal, and a number of economic operation indicators have dropped significantly. Similarly, the high speed growth period of the 2 digit number of textile foreign trade has passed, and the growth of export single digit has become a new normal. Previously, the export tax rebate increased 1 points, the RMB against the U.S. dollar and other favorable factors need a period of time to show the effect.

From the international perspective, the current international economy is still complex and changeable. Despite the signs of recovery in the US economy, the driving force for global growth is insufficient. Southeast Asian countries such as Vietnam, Bangladesh and other countries in Southeast Asia are in a steady political situation. They undertake more international orders for textile and clothing and seize the international market share of textile and clothing. This has become an important factor in the decline of China's textile and clothing exports.

Generally speaking, this year's textile and clothing export growth pressure is bigger, and the acceleration space is relatively limited.