Analysis Of China'S Textile And Apparel Trade Situation In The First Half Of The Year Is Crucial.

According to a few days ago

The latest data show that in June, China's textile and apparel exports amounted to 24 billion 20 million US dollars, down again compared with the same period last year, a decrease of 5.2%, of which 9 billion 120 million of textile exports were down, 3.7% of clothing exports, and 14 billion 900 million of clothing exports, down 6.2%.

In the first half of this year, textile and apparel exports totaled 123 billion 610 million US dollars, down 3.7% from the same period last year, of which 52 billion 30 million US dollars in textile exports decreased by 1.6%, and clothing exports 71 billion 580 million US dollars, down 5.1%.

Relevant data show that although exports in the first half of this year have improved, the overall picture is not optimistic.

What is more prominent is that the import and export volume of China's key import and export provinces, namely, Guangdong, Fujian, Zhejiang, Jiangsu and Shandong, is obviously different.

Fujian has the largest year-on-year increase while Zhejiang has the biggest drop.

Despite a negative growth trend, the total export volume of textiles and clothing and the year-on-year decline in exports in the first half of this year have narrowed compared with the previous year and since the beginning of this year.

Data fluctuation is affected by Spring Festival.

Absolute value is more referential.

In 2015, our country

The import and export of imports and exports has fallen for the first time in 6 years since the global financial crisis in 2009. This phenomenon is still continuing in the first half of this year, and the overall pressure on enterprises has not been reduced.

Statistics show that in the first half of this year, China's textile and clothing exports fell sharply in the month of February, exports fell 27.8% compared with the same period last year, the month of the larger increase occurred in March, and exports grew 34.1% over the same period last year.

For this reason, the Chinese textile import and Export Chamber of Commerce believes that the import and export data of textiles and garments in the 1 quarter of the year generally do not have strong representativeness.

The Spring Festival in China is concentrated in January or February every year. It is affected by the change of trading volume before and after the Spring Festival.

Usually before the Spring Festival, enterprises across the country are rushing to concentrate their shipments, resulting in less export after the festival.

Therefore, the analysis of semi annual reports should take account of the main factor of Holiday Base factor, especially the fluctuation of foreign trade volume caused by Spring Festival holiday.

For the first half of the year, the decline or growth is all compared with the same period last year. From the point of view of technical operation means, the absolute value of import and export can be better reflected than the relative value.

In addition, even if we measure the causes of changes from the year-on-year variables, we should generally combine the data in the past 3 years.

Some analysts believe that the export growth in February 2015 has been greatly increased, so it is affected by the year-on-year high base. In addition, the export environment has not improved significantly. In February this year, exports fell sharply by 27.8%.

Professional analysts believe that foreign trade import and export data are normal with policy or holiday ups and downs.

The key issue is how export enterprises can improve their internal strength, and how the industry itself can better integrate and optimize the supply chain. On the basis of ensuring export stability, we must focus on stabilizing export market share and optimizing the export structure of the industry.

Zhejiang increases in Fujian

Regional exports are uneven

As far as the whole country is concerned, the difference in export situation is quite obvious in the first half of this year.

Data show that the import and export volume of Guangdong, Fujian, Zhejiang, Jiangsu and Shandong in the key provinces of China's foreign trade is obviously different.

In the 1~5 month of this year, the import and export volume of textiles and clothing in Guangdong increased by 2.5% over the same period last year, and exports increased by 5.23% compared with the same period last year. The import and export volume of textiles and clothing in Fujian increased by 8.35% over the same period last year, and the export volume increased by 9.74% compared with the same period last year. The import and export volume of textiles and clothing in Zhejiang decreased by 3.24% compared with the same period last year, of which the export volume decreased by 2.73% compared with that of the previous year. The total import and export volume of textiles and clothing in Jiangsu dropped by 0.92% over the same period last year, and the export volume decreased by 0.21% compared with the same period last year.

Looking at the above 5 Import and export data of the most representative provinces of foreign trade, we can see that in the 1~5 months of this year, the total import and export volume and export volume of Fujian increased the most, followed by Guangdong and Shandong.

The largest drop in import and export volume and export volume is Zhejiang Province, followed by Jiangsu province.

Guangdong, Fujian, Zhejiang, Jiangsu and Shandong on the export market statistics of the main markets of the European Union, the United States, Japan and ASEAN found that there are 3 major characteristics: first, in May this year, Fujian's textile and clothing exports to ASEAN increased by 45.6% over the same period last year, accounting for 23% of the total volume of exports to ASEAN. Two, in recent years, Zhejiang has always dominated the main export areas to the EU and the United States in recent years. Compared with previous years, the export volume of textile and clothing exports to the EU and the United States from January to May this year has narrowed significantly, a slight increase of 1.3% over the year to the EU and 4.2% to the US. Three, the development of foreign trade in the private sector of Fujian province has maintained a good momentum, while the foreign trade development of foreign investment enterprises and state-owned enterprises is slightly weak.

In view of the above data, the China Textile Import and Export Chamber of Commerce analysts believe: as the world's major economies have not yet recovered significantly, the demand for major markets lacks growth momentum. The two quarter of textile and garment exports continued to grow, but with the year-on-year base expansion, the growth rate gradually narrowed.

The present is grim and complicated.

The situation makes textile and garment exports still face greater downward pressure in the second half of the year, and the possibility of rapid growth is very small.

But the following three positive factors can help textile and garment exports maintain a steady trend or achieve a small increase.

First, the export base was relatively low in the second half of last year; two, the recent accelerated depreciation of the RMB against the US dollar; three, the steady foreign trade measures were gradually implemented, and the enterprises' ability of independent compression increased.

Export oriented private enterprises make great contributions

The pformation of "Zhejiang blue"

Why did Fujian's textile and clothing import and export take the lead in January to May this year? Why did Fujian's export to ASEAN grow considerably last year?

Mao Tso Kang, Deputy Secretary General of Fujian Textile Industry Association, said in an interview: "textile and garment enterprises have always been the mainstay of Fujian's export growth, and have been actively pforming under the condition of deep pressure.

Fujian is a large province of chemical fiber production and has a large export volume to ASEAN.

In particular, export oriented private enterprises such as filament yarns and other chemical fiber yarns have invested heavily in R & D, actively implementing machine pformation and organizing intelligent production.

Fujian Huafeng Group is a textile manufacturer specializing in providing fabric for sports shoes. R & D expenditure has maintained an average annual growth of 60%, accounting for 8% of the main revenue.

From January to May this year, Fujian Longfeng Weaving Co., Ltd., the top 10 export textile enterprises in Jinjiang, was reduced by 64% of the number of workers through intelligent pformation of equipment.

Another one of the top 10 export enterprises in Fujian is Fujian Bai Hong polymerization Fiber Industrial Co., Ltd., specializing in the development and production of independent intellectual property products.

Southeast Asia has long been an important area of Fujian's import and export trade, the introduction of foreign capital and the implementation of the "going global" strategy.

Along with the promotion of the construction of the core area and free trade pilot area of the maritime Silk Road in twenty-first Century, Fujian's trade with ASEAN continued to grow.

According to the reporter, Fujian and ASEAN trade in textiles and clothing increased year by year.

Statistics show that from the perspective of growth, Fujian is far ahead of ASEAN's import and export growth among its major trading partners. ASEAN is currently the largest market for textile and garment exports in Fujian.

Wu Min Wei, the textile industry association of Hangzhou, believes that the study of the changes in export data of textiles and garments in Zhejiang and Jiangsu should also take into account some statistical technical problems: "there are errors in the interpretation of industry problems only through regional data.

Ningbo, Zhejiang is a planned city, and Zhejiang's import and export data statistics do not include Ningbo's key areas of textile and clothing trade; Shanghai is a free trade area. Many manufacturers in Jiangsu and Zhejiang have set up trade and marketing companies in Shanghai.

The impact of import and export statistics is not small. "

Since the end of last year, Zhejiang province has made great efforts to rectify printing and dyeing enterprises and actively create "Zhejiang blue".

Chen Quansheng, Secretary General of Shaoxing Keqiao dyeing and printing industry association, said: "200 thousand people in Keqiao are engaged in the textile industry, and the printing and dyeing capacity accounts for more than 30% of the whole country. Since last year's end, the dyeing VATS in Zhejiang have been mainly concentrated here."

In order to protect the "Zhejiang blue" carpet action, the textile and garment export enterprises will eliminate backward production capacity and upgrade them.