Textile And Garment Exports Resumed Growth In The Last Month Of 2015

In December 2015, the total imports of textiles, yarns, fabrics and products in China amounted to US $1 billion 613 million. In 2015, 1~12 total imports amounted to US $19 billion 71 million, down 6.4% from the same period last year.

With the continued depreciation of the RMB against the US dollar and the relatively low base year on year, textile and clothing exports resumed growth in the last month of 2015.

The latest data released by the General Administration of Customs show that in December 2015, China

Total exports amounted to US $26 billion 949 million, an increase of 5% over the same period last year.

China's textile and clothing in 2015

Accumulating 283 billion 849 million US dollars, down 4.9% compared with the same period last year, the overall export reduction rate is faster than that of the whole country's foreign trade export by 1.4%.

In December 2015, the total exports of textiles, yarns, fabrics and products in China amounted to US $9 billion 810 million, and the total export volume in 2015 was US $109 billion 522 million, representing a decrease of 2.3% compared with the same period last year.

December 2015, China

The total export of clothing accessories was 17 billion 139 million US dollars, and the total export volume in 2015 1~12 was US $174 billion 327 million, representing a year-on-year decrease of 6.4%.

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China is the largest textile and garment producer, consumer and exporter in the world. It is the country with the most complete textile industry chain and the most complete categories. It has the solid foundation and obvious advantage of stepping into the world textile power camp.

In recent years, due to the rising labor costs in China and the advantages of low labor costs in Southeast Asia, plus the preferential tax and preferential policies implemented by various countries in the region, many textile and garment enterprises have been digging gold and Southeast Asia. Investment in Southeast Asia has gradually become an upsurge, especially for Vietnam, Kampuchea, Burma, Laos and other countries.

In 2015, Chinese textile enterprises were also complying with this trend and integrated into the army of nuggets and Southeast Asia, including dozens of textile enterprises such as Tianhong textile, Hongkong Yida group, Hong Kong Group and Lu Tai textile.

At the same time, textile enterprises in economically developed areas of China are also building factories in the central and western regions of Xinjiang.

In the past year, the raw materials of textile and chemical fibers have dropped sharply. Many business executives sigh as if they had taken a roller coaster ride.

In the cotton field, since 2015, domestic cotton prices have remained at 13000 yuan / tonne level, with only a slight fluctuation. Textile mills used the low priced cotton that they dreamed of.

In the period of temporary storage and storage, the domestic cotton price is as high as 19800-20400 yuan / ton, while imported cotton is only about 13000 yuan / ton, and the difference between inside and outside cotton price is as high as 7000 yuan / ton.

Many enterprises reflect that everyone is making money in the past few years with the money they earn in the past few years.

The price trend of chemical fiber raw materials has caused many textile enterprises to bear enormous pressure from the market.

In the first half of last year, a lot of textile enterprises began to see low prices of raw materials generally. They bought a lot of raw materials, and did not expect a sharp drop in international oil prices. Raw material prices continued to be a drop in the bucket. Now high inventory has become a problem. Many enterprises can only sell at a loss.