In January, -11 Textile And Garment Trade Decreased By 5.5% Compared With The Same Period Last Year.

November, China

product

Foreign trade volume of US $23 billion 620 million decreased by 1.3% compared with the same period last year, of which exports were US $21 billion 530 million, a decrease of 2%, imports of US $2 billion 90 million, an increase of 6.4%, and the trade surplus of US $19 billion 440 million in the same month, a decrease of 2.8%.

In January, ~11 textile and clothing trade volume was 264 billion 980 million US dollars, down 5.5% compared with the same period last year, of which exports were US $243 billion 820 million, down 5.1%, imports 21 billion 160 million US dollars, down 9.4%, and the cumulative trade surplus was 222 billion 660 million US dollars, down 4.7%.

General situation

Slow and stable import and export

Annual trade volume is expected to drop by 5%.

Despite the negative growth, exports dropped to 2% in November, and exports grew by 0.5%, while imports rose for the first time in the year, and imports and exports showed a moderate and stable trend.

As the end of the year draws near, the factors such as the dust settled in the US election, the depreciation of the renminbi and other factors that affect exports are basically determined, and the situation of export decline has been alleviated.

If there are no special events, there will be a small wave of export peak in December, and the export volume will rise again in accordance with the usual practice in the past year. The trade volume will be further narrowed to 5%.

Export decline in general trade and processing trade

Market purchasing trade takes up more shares.

In November, exports of major trade patterns declined.

General trade exports decreased by 1.2%, processing trade dropped more, the decline was 11.8%, and the overall exports caused 1.3 percentage points negative pull.

Other modes of trade based on market purchasing increased by 22.3%, accounting for 6%.

In January ~11, exports of general trade and processing trade decreased by 4.5% and 16.9% respectively; market purchasing trade increased by 30.7%, accounting for 5.9%, an increase of 1.6 percentage points over 2015; it has already exceeded the border trade as the third largest trade mode, and has been pulling up 1.3 percentage points for the overall export.

Export

Exports to major markets were negative growth.

Unit prices of clothing exports all fell.

For the European Union

Exports fell sharply

Garment exports resumed growth

In the early stage, the rapid decline in exports to the European Union eased. In November, the export volume was reduced by 2 billion 440 million US dollars to 1.2%, of which 13.2% of textiles grew, clothing decreased to 0.5%, and the total export volume of needles and knitted garments increased by 10.2%, and the average export price dropped by 10.3%.

In January ~11, exports to the EU totaled 45 billion 20 million US dollars, a decrease of 5.5%, of which 2.3% of textile products and 7.7% of clothing and 1% of total exports of knitted woven garments and 9.1% of export unit prices.

According to the world clothing shoes and hat network, in January ~10 month, the European Union from the global import of textile and clothing dropped by 0.5%, of which China's imports fell 6.9% from China, from the ASEAN imports increased by 6.2%.

Chinese products in the EU

The share dropped to 34.8% while ASEAN rose to 10.4%.

For the United States

Exports to the US resumed growth in that month

Market steadily

After 7 consecutive months of negative growth, exports to the US in November finally reached a weak growth of 0.8%, of which 18.2% of textiles and 5.1% of clothing.

The export volume of large class needles and woven garments resumed 6.4% growth, but the export unit price fell faster, and the decline was 13.4% in that month.

In January ~11, the total exports to the United States totaled 41 billion 210 million US dollars, down 5.7%, of which 3.3% of textiles and 6.5% of clothing.

Needle woven garments export volume decreased by 2.1%, and export average unit price was 3.6%.

According to the world clothing and shoe net, in January ~10 months, the United States imported 5.3% of its textile and apparel products from the world, and imports from China and ASEAN decreased by 8.2% and 3.9% respectively.

The share of Chinese products in the US market was 37%, and ASEAN rose to 20%.

ASEAN

Garment exports drop rapidly

Exports to ASEAN still declined by 11.4% in November, but exports continued to rebound, and exports were US $3 billion 30 million in the same month, an increase of 5.6% over the same period.

The year-on-year decline was mainly affected by clothing. Textile exports increased by 1.6% and clothing decreased by 33.5% during that month.

In the category of commodities, yarn and fabric grew by 13.5% and 1% respectively, while the export of needle woven garments decreased by 13.6%, and the export unit price fell by 23.9%.

In January ~11, China's total exports of ASEAN to US $30 billion 380 million decreased by 5.2%, of which 2.7% of textile products and 21.3% of clothing decreased, of which the export volume of needle woven garments decreased by 6%, and the export average unit price dropped by 17.4%.

Exports to Philippines continued to grow, an increase of 6% in November and a cumulative increase of 40% in January ~11.

For Japan

Exports decline and decline trend slows down

Exports to Japan continued to decline, down 4.7% in November and gradually narrowed.

Among them, clothing decreased by 6.3%, and the total export volume of key commodity needles and woven garments decreased by 0.5%, basically flat, and the export unit price dropped by 5.8%.

In January, ~11 exports totaled 18 billion 730 million US dollars per day, down 5.7%.

Among them, textiles decreased by 1.8%, clothing decreased by 6.7%, total exports of needles and woven garments decreased by 1.2%, and the average unit price of exports dropped by 5.3%.

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According to the world clothing and shoe net, in January ~10 months, Japan imported 1.2% of its textile and apparel products from the world, 5.4% from China's imports and 8.2% from ASEAN.

The share of Chinese products in Japan has dropped to 61.8%, and ASEAN share has risen to 23.1%.

Garment exports drop more than textiles

General merchandise export prices generally declined

After two consecutive months of decline, textile exports rebounded rapidly in November, and exported 9 billion US dollars in the same month, an increase of 3.9%, of which yarn grew fastest and increased by 10%.

Clothing decreased by 5.9%, of which the total export volume of needle woven garments increased by 4.6%.

The unit price of major commodity exports continued to decline, still lingering low.

The unit price of yarn, fabric and needle woven garments decreased by 3.6%, 12.2% and 7% respectively.

In January ~11, exports of textiles and clothing decreased by 2.7% and 6.7% respectively, of which yarn and fabrics decreased by 0.8% and 3.3% respectively, and finished products decreased by 2.4%.

The total export volume of needle woven garments decreased by 0.1%, basically unchanged.

The export prices of major commodities fell rapidly, while yarn, fabrics and needle woven garments decreased by 13%, 8.5% and 7% respectively.

Most regions in the country are experiencing negative growth.

Exports fell in the top five provinces and municipalities

In November, Zhejiang and Jiangsu took the lead in the main export provinces and cities, rebounded, and their exports increased by 5.3% and 12% respectively. The decline in Guangdong and Fujian was still relatively fast, down by 7.5% and 10.1% respectively.

Exports in some central and western regions have maintained rapid growth. Xinjiang's ~10 export growth in August was between 10%~20%, and in November, it reached 53%. Sichuan and Hunan's export growth continued to more than double.

In the month of January ~11, only 7 provinces and cities in the country achieved export growth, 6 of them concentrated in the central and western parts of the country, and all of them declined in the East except Tianjin.

In the top five provinces, Zhejiang and Fujian fell by 5.5% and 7.5% respectively, exceeding the average decline, while Jiangsu and Shandong declined by 0.6% and 0.1% respectively.

Imported

Clothing import growth

Decline in unit price of major commodities imports

Textile and clothing imports grew for the first time in November, mainly driven by a rebound in textile products and an increase of 9.4%. Textile imports amounted to US $1 billion 560 million in that month, the highest in the year.

The yarn and finished products increased by 17.3% and 11.8% respectively, and the fabric decreased by 0.6%.

It is worth noting that cotton imports rebounded again in the same month, and imports increased by 12% and 19% respectively.

In the same month, clothing decreased by 1.6%, of which the total import volume of needle woven garments increased by 1.2%, and the import unit price dropped by 2.3%.

In January ~11, the total import of textiles decreased by 13.1%, clothing increased by 1.3%, and the yarn, fabric and finished goods in textiles decreased by 19%, 11% and 3.4% respectively. The total import volume and price of the main imported cotton yarn decreased by 18% and 5.1% respectively. The total import volume of knitted woven garments increased 5.8%, and the import unit price decreased by 3.6%.

Cotton import price rises

The difference between inside and outside cotton prices is widened.

In November, cotton import and import unit prices all rebounded, and imports of 55 thousand tons in the same month, down 34.9% from the same period last year, a 34.1% increase in the ring ratio and a 1.8% increase in the import unit price.

In January, ~11 imports totaled 753 thousand tons, down 41.5%, and the import unit price dropped by 1%.

In November, the new cotton market increased, the acquisition and processing progress accelerated, and the market could provide abundant resources. However, the price of spot cotton rose steadily as a result of the hindrant movement of Xinjiang cotton.

In the month, textile enterprises did not appear centralized purchasing. Due to the upside down of purchase and sale, some textile enterprises in the market were tested.

The international market is rising and falling, with a slight increase in volatility and an increase in the linkage between domestic and foreign cotton prices.

In November, the use of new cotton increased significantly in textile enterprises, and the spot price of lint increased steadily.

China's cotton price index (CCIndex3128B) was 15999 yuan / ton at the end of the month, up 641 yuan / ton from the end of last month, or 4.17%.

The average monthly paction price was 15663 yuan / ton, up 348 yuan / ton, up 2697 yuan / ton compared with the same period.

In November, the international cotton market was affected by many factors, such as the decline in the US dollar index, the shortage of new flowers in India, and the increase in cotton production by USDA.

The price index of China's imports of cotton was FCIndexM 79.76 cents / pound, 0.44 cents higher than the ring, and 13966 yuan / ton under the 1% tariff, which is lower than the Chinese cotton price index for the same period of 1697 yuan / ton, and the difference narrowed 98 yuan from the previous month.

The discount tax is RMB 15301 yuan / ton, which is lower than that of China's cotton price index for the same period of 362 yuan / ton.

More interesting reports, please pay attention to the world clothing shoes and hats net.