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    Decline In Exports Of Textiles, Clothing And Footwear

    2016/1/15 16:33:00 35

    TextilesClothingFootwear

    In December, exports and imports fell by 1.4% and 7.6% respectively.

    According to the General Administration of customs, China's exports fell 1.4% in December (compared with the same period last year), while 6.8% in November.

    Meanwhile, imports fell by 7.6%, down 8.7% from the previous month.

    After seasonally adjusted exports and imports fell by 2.8% and 7.6% in December respectively, compared with 5.7% and 12.3% respectively in November.

    In 2015, exports fell by 2.8%, of which exports and export prices fell by 1.8% and 1% respectively, while imports declined by 14.1%, with imports and imports falling by 2.8% and 11.6% respectively.

    In December, the trade surplus reached US $60 billion 100 million, slightly higher than US $54 billion 100 million in November.

    Exports and imports continued to decline in December, but better than market expectations.

    In December, the decline in exports and imports narrowed, partly due to the cardinal effect.

    Global demand is still relatively weak, especially for emerging market economies.

    The domestic economy may continue to slow down, and most commodity prices will remain at a low level, which will continue to restrict exports in the future.

    We predict that exports and imports will rise by 1-3% and 0-2% respectively in 2016.

    Exports to most economies fell down.

    Exports to the US have maintained a positive growth in the past few months, but the growth rate has slowed down.

    Exports to the EU, Japan and Hongkong narrowed in November and December.

    Exports of some emerging markets have slowed sharply due to the sharp fall in the economy and the rising risk of debt crises in these economies.

    In 15 and 1-12 months, exports to the United States increased by 3.4%, down from 4.1% in 1-11.

    In 15 and 1-12 months, exports to Japan and the EU fell by 9.2% and 8.7% respectively, while the decline in 1-11 months was 9.6% and 4.6% respectively.

    The weak economic performance of the two economies may continue to restrict China's exports.

    In 15 years and 1-12 months, ASEAN's exports increased by 2.1%, lower than the 3% increase in 1-11 months.

    Exports to India increased by 7.4%, while the 1-11 month growth rate was 7.6%.

    At the same time, exports to South Africa further slowed down from 15 to 1-12 in the same period from 2.1% in 1-11 to 1.1%.

    Exports to Brazil fell sharply by 21.4% in 15 and 1-12, while 11.2% in 1-11.

    Meanwhile, exports to Taiwan declined by 3% in 15, 1-12, and 3.2% in 1-11 months.

    Exports of traditional products continued to slide.

    Exports of most traditional products continue to decline due to weak overseas demand and deflationary pressure from manufacturing sectors.

    15 years, 1-12 months,

    textile

    ,

    Clothes & Accessories

    And footwear exports fell 2.3%, 6.4% and 4.8% respectively, while in the 1-11 months, they fell 2.6%, 7.7%, 5.4% and 5.4% respectively.

    Meanwhile, the export growth of bags and similar items rose slightly to 4.3%, while the 1-11 month growth rate was 3.8%.

    After 15 years and 1-11 months of growth of 10.1%, 1-12 months of toy exports maintained a relatively rapid growth of 10%, furniture exports grew 1.6%, an increase of less than 2% of 1-11 months.

    In 15 and 1-12 months, the export of automatic data processing equipment and steel products decreased by 16.2% and 11.3% respectively, while the decrease in 1-11 months was 15.8% and 9.4% respectively.

    Following 15 years and 1-11 months of growth of 0.2%, the export of mechanical and electrical equipment increased slightly by 0.1% in the 1-12 months, while the export of high-tech products declined 0.7%, while the decline in 1-11 months was 0.6%.

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