Statistics Show That The Export Of Textile And Clothing Increased By 54.81% From January To February

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As early as may 2020, the United States began to impose sanctions on Xinjiang Aksu huafushe textile, and in March 2021, the European Union also agreed to carry out sanctions against Xinjiang. BCI (Swiss good cotton Development Association) members of Nike, Adidas and other international brands have issued statements that no longer purchase Xinjiang cotton, causing the anger of the Chinese people. Chinese people have joined the ranks of boycotting international brands such as Nike and Adidas, and joining the team of purchasing domestic brands such as Li Ning and Anta to support Xinjiang cotton.

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However, this week, the official release of textile clothing exports from January to February was surprising. From January to February, the export value of textile and clothing reached 46.188 billion US dollars, with a year-on-year increase of 54.81%. From this data, we can see that the ban of Europe and the United States has not suppressed the export of textile and clothing. Under the control of market economy, high-quality Xinjiang cotton is still the first choice of consumers. The so-called sanctions by the European and American governments are nothing more than suppressing China's cotton textile industry through the issue of human rights! Under the global market dominated by market economy, the supply and demand of high-quality products is not determined by the government, but by the market supply and demand. The global annual cotton consumption is 25.57 million tons, and Xinjiang's cotton export accounts for about 2.5 million tons, accounting for about 10%. Banning Xinjiang cotton will inevitably lead to a sharp rise in textile prices in Europe and the United States. At that time, Europe and the United States and other countries are lifting stones to hit their own feet!

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