Textile And Clothing Trade Increased By 0.03% In May.

May 2016, national cargo

The total value of imports and exports was 312 billion 150 million US dollars, down 2.6% compared to the same period last year.

Of which, exports amounted to 181 billion 60 million US dollars, down by 4.1%; imports of US $131 billion 80 million, down by 0.4%, and the trade surplus of 49 billion 980 million US dollars in that month.

In 1-5 months, the total value of imports and exports was US $1 trillion and 410 billion 130 million, down 8.6% from the same period last year.

Of which, exports amounted to 813 billion 810 million US dollars, down by 7.3%; imports of US $596 billion 310 million, down by 10.3%, and a cumulative trade surplus of US $217 billion 500 million.

In May,

Trade volume of US $25 billion 450 million, an increase of 0.03%, of which exports 23 billion 520 million US dollars, an increase of 0.5%, imports of 1 billion 930 million US dollars, down 5.7%, the trade surplus of 21 billion 590 million US dollars, an increase of 1.2%.

In the 1-5 months, the trade volume of textiles and clothing decreased by 2.8%, of which US $110 billion 170 million, exports 101 billion 10 million US dollars, down 2%, imports 9 billion 160 million US dollars, decreased by 11.5%, the cumulative trade surplus of US $91 billion 850 million, decreased by 0.9%.

First, exports continued to grow and the growth rate narrowed.

In May, textile and clothing exports continued to grow, but with the gradual expansion of the year-on-year base, the growth rate was significantly narrowed compared with the previous two months, and increased by only 0.5% in the month in dollar terms, representing an increase of 33.6 and 4.4 percentage points respectively over March and April.

The three consecutive month of growth led to a further narrowing of exports to 2% in the first half of May. From the current point of view, the trend of textile and clothing exports is relatively stable. But due to the lack of rapid growth momentum, the increase or decrease in exports in the coming months is still closely related to the base of the same period last year, and the situation of further decline is not ruled out.

Two, the main trade mode except processing trade has increased.

In May, exports of general trade and other trade modes dominated by market purchases continued to grow, with an increase of 1.2% and 29.2% respectively. The growth rate dropped significantly compared with the previous two months; the processing trade dropped by 14.7%, while the small border trade resumed 4.9% growth in that month.

In the 1-5 months, the cumulative export volume of general trade resumed by 0.1%, the growth of other trade modes increased by 38.6%, and the processing trade and the border trade decreased by 16.5% and 22.5% respectively.

Three, the main markets are not performing well and ASEAN is improving slightly.

EU - EU export growth has narrowed significantly, and Britain has a negative impact on Sino British trade in the short term.

In May, my exports to the EU increased by only 0.2%.

Among them, textiles grew by 7.5% and clothing by 2.2%.

In 1-5 months, the total exports to the European Union totaled 17 billion 470 million US dollars, a decrease of 3.9%, of which textiles grew by 4.2%, clothing decreased by 6.9%, needle woven garments exports decreased by 1.1%, and export average unit price dropped by 6.6%.

The UK is the largest market for textile and clothing in the European Union and a relatively stable market.

In 2015, Sino British textile and apparel trade amounted to 12 billion 630 million US dollars, accounting for 4% of my Global trade.

In the 1-5 month of 2016, my overall exports to the EU declined, but I still maintained a 3% increase in the UK.

In late June, the news of Britain's "off Europe" came out, which caused the global financial market turbulence, and the pound and the euro plummeted.

The pressure on RMB against the US dollar will be increased, but the exchange rate against the pound may rise.

In the short term, there will be some uncertainty about foreign trade denominated in euros and pounds.

US exports to the US have increased and clothing exports have declined.

The US market, which was stable in the early stage, also showed a continuous decline. In May, exports to the United States dropped by 9.2%, a decline of 6 percentage points from April.

Textiles and clothing decreased by 6.1% and 10.3% respectively, and the export of needle woven garments decreased by 9.5%.

In 1-5 months, the cumulative export volume of US $15 billion 940 million declined by 3.1%, of which textiles decreased by 6.1% and clothing decreased by 1.8%.

The export volume of key commodity needles and woven garments decreased by 1.2%, and the average unit price of exports increased by 1.4%.

ASEAN - ASEAN exports continued to grow, and garment exports continued to expand.

In May, exports to ASEAN amounted to 3 billion 270 million US dollars, an increase of 8.5%, an increase that narrowed compared with the previous two months. However, the monthly export volume continued to enlarge, and the ring continued to grow.

Textiles and clothing increased by 6.8% and 12.7% respectively, of which the export volume of needles and woven garments continued to increase for three consecutive months.

In 1-5 months, I exported $13 billion 970 million to ASEAN, which further narrowed to 0.6%, of which 7.9% of textiles and 17.4% of clothing.

Major categories of yarn, fabric and finished goods all recovered to grow. The export volume of needle woven garments narrowed to 3.9%, and the export average unit price dropped by 15.2%.

Japan - the export volume of the sun and Moon continues to decline, and the market outlook is not optimistic.

Although exports to Japan increased by 4.8% over the same period in May, exports continued to shrink, a decline of two consecutive months.

According to the statistics of Japanese customs, the share of Japanese imports from China has dropped to 61.8% in the first 4 months, and the possibility of breaking 6 percent in the year is very great.

Japan's share of China's export market has also fallen to 6.3%, and the prospect of the Japanese market is not optimistic.

In 1-5 months, the total export volume to US $7 billion 860 million was down by 5.9%, of which textiles and clothing decreased by 2.7% and 6.7% respectively. The total export volume of needle and woven garments decreased by 2.3%, and the average unit price of exports fell by 4.7%.

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Four, the export growth of large categories of commodities has slowed down, and the unit price of exports has not stopped.

In May, textile exports increased by 1.6%, and garment exports dropped by 0.3%.

In large categories, yarn and finished goods increased by 8.5% and 2.9% respectively, and fabrics decreased by 0.7%. The export of needles and woven garments increased 4.4% in clothing.

The export prices of large categories of commodities have not recovered. The average unit price of needle woven garments exports has dropped by 4.6%, and yarn, fabrics and finished products have not stopped falling.

In the 1-5 months, exports of textiles and clothing decreased by 0.3% and 3.2% respectively, with a further narrowing of the decline.

The growth of fabrics in textiles is 1.5%, yarn and finished products are still decreasing, the total export volume of needle woven garments is reduced by 0.4%, and the export unit price has dropped by 3.1%.

Five, the export of Guangdong fell in the same month, and the key provinces had positive pull on the overall export.

In May, exports from 17 provinces (cities and districts) increased. In the eastern key export provinces, Shandong increased rapidly, with an increase of 18%. Guangdong, which grew rapidly in the first two months, reversed, and exports fell 4% in that month.

In 1-5 months, there were still 12 provinces and municipalities in the total growth of exports, mostly concentrated in the eastern and central regions. The key provinces, including Guangdong, Fujian and Shandong, maintained growth, forming a positive pull for the overall export growth.

Six, textile imports narrowed and garment imports resumed growth.

In May, the textile fell to 11.2%, the clothing increased by 17.4%, and the two jointly promoted the decline in the overall import of textiles and clothing.

The yarn, fabric and finished goods in textiles decreased by 16.8%, 9.2% and 2% respectively. The total import volume of needles and woven garments increased by 15.3%, and the import unit price increased by 3.1%.

In 1-5 months, the total import of textiles decreased by 16.3%. The decline of imports of all kinds of commodities was inversely proportional to the degree of commodity processing. The higher the degree of processing, the smaller the decline.

The decrease in yarn, fabric and finished products was 23%, 12.5% and 6.6% respectively.

Yarn imports and prices of cotton yarn fell by 18.9% and 9.6% respectively.

The total import of clothing increased by 4.8%, of which the import of needle woven garments increased by 6.3% and the import unit price dropped by 1.8%.

Seven, cotton imports have picked up slightly, and the difference between inside and outside cotton prices has been widened.

Cotton imports gradually showed signs of recovery. In May, 79 thousand tons of imports were imported, and imports continued to expand compared with April. The growth rate was 12.9%, down 51.7% from the same period last year.

In 1-5 months, the total import volume of 359 thousand tons decreased by 53.6%, and the average unit price of imports dropped by 1.7%.

In May, the launch of the cotton reserve was officially launched, and the auction was active. The turnover rate was high. However, due to the long arrival time, the temporary shortage of available resources in the market and the good demand for textile products, domestic cotton spot prices rose steadily this month, and Zhengzhou cotton futures prices rebounded.

The average monthly price of China's cotton price index (CCIndex3128B) is 12511 yuan / ton, up 494 yuan / ton, or 4.11%, down 856 yuan / ton, or 6.41%.

The end of the month was 12613 yuan / ton, up 241 yuan / ton at the end of last month.

The price of international cotton has increased because of the favorable economic data of the United States, and the price difference between inside and outside cotton has increased.

In May, the international cotton price rose less than that of China. The price index of China's cotton imports was FCIndexM 70.96 cents per month, up 0.62 cents.

The end of May 31st was 73.20 cents / pound, up 0.82 cents from the end of 4, and the discount rate of 1% yuan was 12094 yuan / ton, which was lower than the cotton price index of 519 yuan / ton in the same period.