Latest Customs Statistics: In 2019, China Exported 271 Billion 500 Million US Dollars For Textiles And Garments.
According to customs statistics, in December 2019, China exported 11 billion 6 million 100 thousand US dollars of textile yarn, fabrics and products. In 2019, 1-12 months in 2019, China exported textile yarn, fabrics and articles 120 billion 199 million 200 thousand US dollars, an increase of 0.9% over the same period last year. In 2018, China exported 119 billion 78 million 300 thousand US dollars of textile yarn, fabrics and products.
From the data, it is easy to find that the reduction of textile exports is mainly due to the sharp decline in garment exports.
First, the overseas market is down, and the foreign trade prosperity index is down.
1, export and export textile and garment enterprises have been affected.
The rapid growth brought about by demographic dividend and low cost is no longer effective. Through independent brand building and intelligent transformation, some scale export textile enterprises try to find new competitiveness. When we mentioned foreign trade orders before, we were all impressed by the large volume and the stable price. At present, foreign trade orders are not only in quantity but also in price. As a labor-intensive industry, textile and clothing are mainly subject to labor costs. With the upgrading of domestic production and operation costs, domestic enterprises have lost the advantage of being a machining center. At present, the global textile and garment manufacturing is accelerating from China to Southeast Asia and other places where labor costs are lower. Exchange rate fluctuations and trade risks also increase the concerns of enterprises.
2, the foreign trade situation is still showing signs of weakness.
At present, we are facing severe foreign trade situation and many restrictive factors. The first is the lack of international market demand. The global economic recovery is slow, the main export market demand recovery is low, weak situation in the short term is difficult to improve. Two, industry competition is more intense. ASEAN, Africa, Latin America and other countries with low labor cost are entering and becoming the manufacturing base of textile industry in the future. Industrial transfer and industry order shifting are challenging China's textile trade. Three, domestic costs continue to rise. China's textile raw materials and labor costs gradually increase, and labor costs are close to Eastern European countries. Four, there is no effective growth point. Five, China's textile enterprises, in addition to facing external competition, will also face more countries' trade protectionism.
Two, the price of public products fell, the foreign trade price index fell.
1, textile and garment export margins fell.
The external situation faced by China's textile industry is more severe and export profit margins are falling. The main export markets, such as Europe, the United States and Japan, are all short of orders, and the pressure of industrial export is hard to alleviate. The pressure of rising domestic cost is difficult to alleviate, and there is still uncertainty in the cotton yarn and raw materials market. Some small and medium enterprises that have no product superiority will not hesitate to further compress profits when undertaking orders, or even "zero profits". In the short term, the structural contradiction between supply and demand of textiles in the domestic market is prominent, and the public products will maintain the situation of excess supply and negative demand growth.
2, the international market demand is insufficient, export prices are down.
Textile and garment industry is a traditional labor intensive export industry in China. It has always been a major proportion of China's export trade. However, due to the lack of international market demand and other factors, the popular type of export enterprises in the fierce competition, only by constantly reducing the price to win. In December, the export of textile and clothing was insufficient, and the export prices of mass products, which represented by textile and clothing, fell.
3, mass product prices fell slightly.
Textile has always been an important economic pillar in China, and has been warmly welcomed in the market at home and abroad. However, the quality of products produced under ordinary production processes and low quality raw materials is uneven, and the lack of functions is also the main reason for the decline in export prices. Limited by the lack of technical personnel and the weak cost of capital, most manufacturing enterprises can not keep up with the leading level at home and abroad when they produce their products. Most of the textiles produced have the problems of low technology content, few functions and low quality. They can only be targeted at the middle and low market, and are easily constrained by foreign economic conditions and standard clauses.
- Related reading
Over 2 Billion! Southwestern Region Once Again Invested In High-End Textile Projects
|2020, New Year, Xiaoping: Seize The Opportunity And Create A New Pattern Of Chemical Fiber.
|Fujian'S First National Market Procurement Trade Pilot 2019 Exports Amounted To 17 Billion 700 Million Yuan.
|- Daily headlines | Fujian'S First National Market Procurement Trade Pilot 2019 Exports Amounted To 17 Billion 700 Million Yuan.
- Daily headlines | How To Optimize The Business Environment And Strengthen The Real Economy In 2020? Listen To The "Big Problems" That Textile People Care About.
- Expert commentary | After The Signing Of The First Stage Economic And Trade Agreement Between China And The United States, Will The Post Textile Market Start A Good Start? Next Year, Filament Yarn Price Trend Look Here!
- Pregnant baby | Bai Shi Joins In The Spring Festival Public Service Program, And Delivers Free Couriers To Celebrate The New Year.
- Daily headlines | Weigh! China And The United States Formally Sign The First Stage Economic And Trade Agreement, And The Textile Industry Will Usher In A Substantial Positive.
- Company news | Or The Pathfinder Who Was Suspended From The Market Finally Made 1 Hundred Million Small Profits In 2019.
- Company news | How Strong Is Profitability? Tong Kun Shares Expect Net Profit To Be Close To 3 Billion In 2019.
- Fabric accessories | How To Optimize The Business Environment And Strengthen The Real Economy In 2020? Listen To The "Big Problems" That Textile People Care About.
- Fabric accessories | In 2019, China Exported 271 Billion 500 Million Dollars Of Textiles And Garments, And Exports Of Garments Decreased Sharply.
- Fabric accessories | Fujian'S First National Market Procurement Trade Pilot 2019 Exports Amounted To 17 Billion 700 Million Yuan.
- Over 2 Billion! Southwestern Region Once Again Invested In High-End Textile Projects
- 2020, New Year, Xiaoping: Seize The Opportunity And Create A New Pattern Of Chemical Fiber.
- Fujian'S First National Market Procurement Trade Pilot 2019 Exports Amounted To 17 Billion 700 Million Yuan.
- How To Optimize The Business Environment And Strengthen The Real Economy In 2020? Listen To The "Big Problems" That Textile People Care About.
- The Signing Of The First Stage Economic And Trade Agreement Between China And The United States Will Be A Good Start For The Post Textile Market.
- Bai Shi Joins In The Spring Festival Public Service Program, And Delivers Free Couriers To Celebrate The New Year.
- Weigh! China And The United States Formally Sign The First Stage Economic And Trade Agreement, And The Textile Industry Will Usher In A Substantial Positive.
- Last Year, Nearly 4 Hundred Million Of The Sales Of Clothes Were Sold By Bill, Who Had Just Bought 300 Million Short-Term Financial Products At The Bank.
- Or The Pathfinder Who Was Suspended From The Market Finally Made 1 Hundred Million Small Profits In 2019.
- How Strong Is Profitability? Tong Kun Shares Expect Net Profit To Be Close To 3 Billion In 2019.