2016 Textile And Garment Exports Will Be Developed.

With the continued depreciation of the RMB against the US dollar and the relatively low base year, China in December 2015

Exports of clothing and clothing resumed growth, the Chinese textile industry of that month.

Exports grew by 9% over the same period, of which clothing

An increase of 11.8%.

But in 2015, the total export of Chinese textiles and clothing dropped by 3.9%.

From the point of view of export structure, textiles and clothing have declined.

In 2015 1~11, China's textile exports amounted to US $104 billion 974 million, down 2.53% compared to the same period last year, and clothing exports amounted to US $158 billion 629 million, down 7.64% from the same period last year.

It should be noted that in the month of 2015 1~11, the United States, the European Union, Japan and ASEAN were China's key export markets for textiles and clothing, accounting for 55.95% of China's total exports to the world, up 0.81 percentage points from 2014.

Meanwhile, in the month of 2015 1~11, the EU and Japanese markets declined significantly, accounting for 1.11 percentage points and 0.48 percentage points less than that of 2014.

The global economy will recover slowly, with a slight increase in its growth rate, coupled with a low base of negative export growth in 2015. Textile exports in 2016 are expected to gradually stabilize and achieve positive growth, but the structural differences in different markets are relatively large.

It is worth mentioning that China's cotton spinning and

The apparel industry has been accelerating, and Vietnam and other Southeast Asian countries continue to encroach on China's international market share. In the short run, though it can not pose a threat to China's international market share, the impact of orders and capacity pfer can not be ignored in the long run.

For the textile and garment industry in China, the export volume has continued to decline because of the rising cost of manufacturing industry and the appreciation of the RMB exchange rate in recent years.

Before 2015, November, China's textile and clothing exports decreased by 5.79% compared to the same period last year.

Expert analysis pointed out that the current RMB exchange rate fall will benefit the larger proportion of China's textile and garment industry, because the price of orders for export textile enterprises is mostly in US dollars, and the weakening of the RMB against the US dollar will raise the price of RMB order, thereby increasing revenue.

At the same time, the improvement of export competitiveness of Chinese textile and garment products in the international market will also help increase orders and improve sales.

However, experts cautioned that the weakening of the RMB exchange rate has little impact on China's textile exports in the short term, and the ability to consume in the international market is the key.