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Textile And Garment Exports Decreased By 9.8% In 2009.

2010/4/13 9:10:00 13

Garment Export Textile

  海关总署10日发布的数据显示,2009年1-12月我国纺织品服装累计出口1670.24亿美元,同比下降9.8%,与前11个月-11.15%的增速相比上升1.35个百分点。其中,纺织品累计出口599.73亿美元,服装累计出口1070.51亿美元,增速分别为-8.4%和-11%。 


In the month of December, China exported $16 billion 787 million of textiles and clothing, an increase of US $2 billion 828 million from the previous month, a rise of 20.26% over the previous month, a return to 6 in July and a rise in July.

Among them, since the end of negative growth in November, the textile industry continued to show momentum in December, with exports of US $6 billion 216 million per month, an increase of 25.10% over the same period last year, and exports of clothing and accessories for the month of US $10 billion 571 million, down 4.75% from the same period last year, down 19.87 percentage points compared with the same period last year.


On the whole, the growth rate of textile and garment exports both rose in December, and the growth rate of textile exports was obvious. It reached a new high level of export in the same month in the same period of last year.


Wang Qian, chief editor of China's first textile network, said that from the 2009 annual export situation, textile and garment demand growth has lagged behind in the context of the global economic recovery. Textile exports are far better than clothing, indicating that the global textile industry is picking up; and because clothing directly faces consumer terminals, it has a great relationship with the volume of orders from foreign distributors. Foreign dealers are cautious about the economic trend and consumption growth in Europe and the United States, resulting in repeated orders.


For this year's trend of textile and apparel exports, the industry believes that the global textile business starts to increase, and the decline in the number of European and American retail data has narrowed. The psychological barriers of consumers in Europe and the United States have gradually been eliminated, especially the recovery of demand for high-end clothing, which means that the major economies are beginning to recover. The rising price of textile raw materials and the increase of power costs will erode the export profits of export oriented enterprises, and increase the contract price of export orders. In 2010, the development of China ASEAN from 70% zero tariff to 100% zero tariff will form a strong driving force for the improvement of China's textile and clothing exports.

Coupled with the low export base in 2009, textile and garment export growth in 2010 is bound to achieve positive growth.


 


Source:

China Securities Journal

 
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