In The First 2 Months Of This Year, China'S Textile And Clothing Imports And Exports Decreased By 15.4% Compared To The Same Period Last Year.

In February of this year, China

Trade volume of US $17 billion 50 million decreased by 26.2% compared with the same period last year.

Among them, exports amounted to 15 billion 660 million US dollars, down 27.8%, and imports of US $1 billion 390 million decreased by 2.9%.

Same month

The surplus was $14 billion 270 million, down 29.5%.

From January to February, the total trade volume of China's textile and clothing import and export volume was 42 billion 980 million US dollars, down 15.4% compared to the same period last year.

Among them, exports of US $39 billion 790 million, a decrease of 15.7%, imports of US $3 billion 200 million, a decrease of 11.2%, a cumulative trade surplus of US $36 billion 590 million, a decrease of 16.1%.

Profile: export slump, import decline narrowed

In February last year, exports of textile and clothing increased significantly, nearly doubled.

In February 2016, it was affected by the year-on-year high base, and there was no obvious improvement in the export environment. The export dropped by 27.8%, and the total export decline in the first two months was further expanded to 15.7%.

Imports slowed down only 3% in the same month.

On the whole, the textile and clothing trade situation in the first two months is not optimistic. The number of imports and exports has dropped two figures, and exports have fallen more rapidly.

General trade exports decline beyond processing trade

In February, the export of major trade patterns declined, of which general trade decreased by 27.2%, a decline of more than that of processing trade (26.6%), the decrease of border trade was the fastest, with a drop of 54.3%, and 21.4% of the other trade modes dominated by market purchasing also fell.

From January to February, the cumulative export volume of general trade decreased by 13.7%, processing trade and border trade decreased by 22.4% and 39.3% respectively, and the other trade patterns decreased by 5%.

Despite the severe export situation, the development of foreign trade integrated service platform has not been hindered.

From January to February, in the top 20 of export enterprises, the "one Datong" enterprise occupied 4 seats, which took the top 3 and thirteenth respectively, and both achieved huge growth.

Exit

EU textile and apparel industry has declined rapidly.

In February, my textile and garment exports to the EU dropped by 24.9%, of which 22.2% declined in textiles and 25.9% in clothing.

From January to February, the total exports to the European Union totaled 7 billion 660 million US dollars, a decrease of 17.8%, of which textiles and clothing decreased by 11.5% and 20% respectively, and the export of needle woven garments decreased by 16.8%, and the average unit price of exports dropped by 4.4%.

Increase in export prices for key commodities in the US

In February this year, China's exports to the United States decreased, but the export volume of key commodities did not decline significantly, and the unit price continued to grow. The US market showed relatively stable performance.

In February, exports to the United States dropped by 17.1%, of which the decline rate of textiles was faster than that of clothing, and the two decreased by 24.7% and 14.2% respectively.

From January to February, exports to the United States totaled 6 billion 780 million US dollars, down 8.6%, of which 14.7% of textiles and 6.2% of clothing.

The export volume of key commodity needles and woven garments decreased by 6.3%, and the average unit price of exports increased by 2.3%.

Highlights of ASEAN's negative growth

The ASEAN market has been underperforming since the beginning of the year, and exports to ASEAN continued to decline in February, and the decline increased to 38.9%, the fastest decline in key markets.

In recent years, the rapid growth of clothing has become the main reason for the decline, down 37%, and the export volume of needle woven garments decreased by 39% and 36.5% respectively.

Textiles fell by only 3.8%, of which the fabric dropped by 16.1%, and the yarn decreased by 3.1%. Only the finished product maintained a rapid growth of 36.7%.

From January to February, the cumulative export to ASEAN was 4 billion 660 million US dollars, down by 21.5%, of which textiles and clothing dropped by 6.4% and 43% respectively.

Vietnam, Indonesia and Malaysia were first, third and fourth in the ASEAN market. From January to February, all of the 3 countries' exports declined sharply, with a drop of more than 20%.

Only second of Philippines's exports achieved 35.6% rapid growth.

Philippines has gradually replaced Vietnam as a new growth point within ASEAN.

The overall trend of Japan continues to decline.

The Japanese market continued to decline, exports to Japan in February, 1 billion 470 million US dollars, down 19.3%.

From January to February, exports totaled 3 billion 110 million US dollars, down 14.7%, of which textiles and clothing decreased by 12.9% and 15.1% respectively. The total export volume of needle woven garments decreased by 10%, and the export average unit price dropped by 6%.

Exports of large categories of commodities fell sharply

In February, China's textile and clothing exports decreased by 27.6% and 27.9% respectively.

Among them, exports of large categories of yarn, fabric, finished goods and needle woven garments decreased by 16.7%, 27.9%, 30% and 27.6% respectively.

From January to February, exports of textiles and clothing decreased by 14.3% and 16.7% respectively, of which the decline in export volume of commodities was more than 1, and the average unit price of exports also showed a downward trend.

Only two provinces have accumulated export growth, Zhejiang's decline is over average.

In February, the export of all provinces and cities decreased except Guizhou. In the key export areas, only Shandong dropped by less than 5%. The decline in exports of Zhejiang, Jiangsu, Guangdong, Fujian and Shanghai all reached or exceeded 20%.

From January to February, only two provinces of Xinjiang and Guizhou remained in the total export growth. In the key export areas, Zhejiang's exports fell most rapidly, with a drop of 18.1%, more than the national average decline.

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Import

Yarn falling speed first

The contrast between imports of textiles and garments is obvious.

In February, textile imports dropped by 8.8% and clothing increased by 11.6%.

The yarn and fabric in textiles decreased by 14% and 9.2% respectively, and the finished products only increased by 3.2%.

The import of needle woven garments increased by 24% and imports increased by 15.8%.

From January to February, the total import of textiles decreased by 18.2%, of which the yarn fell the fastest, the decline was 23.8%, and the import price of cotton yarn fell by 19% and 11% respectively.

The total imports of clothing increased by 8.8%, of which the import of needle woven garments increased by 12.6% and imports increased by 12.1%.

Cotton imports have declined rapidly, and the difference between inside and outside cotton prices has increased.

In February, the import and export of cotton did not change. Only 56 thousand tons were imported in that month, down 65%. From January to February, the total import volume of 152 thousand tons decreased by 52.6%, and the average unit price of imports rebounded slightly, increasing by 0.7%.

In February, due to the Spring Festival holiday, the domestic cotton textile enterprises started to work at a low rate, raw material purchase intention was not high, and the market turnover was slack.

Cotton spot resources are abundant, cotton enterprises in order to withdraw funds and increase sales efforts, domestic cotton spot prices continue to decline.

The average monthly price of China's cotton price index (CCIndex3128B) is 12251 yuan / ton, down 402 yuan / ton, or 3.18%, down 1213 yuan / ton, or 9%.

The downward trend of international cotton prices is larger than domestic prices, and the difference between domestic and foreign cotton prices has been widened.

The price index of China's imports of cotton was 29 cents on FCIndexM2, 65.68 cents / lb, 3.26 cents lower than the end of 1, and 11037 yuan / ton below 1% tariff, which was lower than the cotton price index of China in the same period of 1053 yuan / ton. The price difference widened 164 yuan from the same month last month, and the slide tax reduced RMB 13570 yuan / ton, which was higher than the Chinese cotton price index of 1480 yuan in the same period, and the price difference widened 28 yuan last month.