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Textile And Garment Market Warms Up, Emerging Markets Fall (1)

2010/6/18 9:26:00 52

According to customs statistics, in March this year, China's textile and apparel industry

Exit

It failed to extend the trend of substantial growth in February, with a total export volume of US $11 billion, down 9.5% from the same period last year.

Imports also reversed the downward trend in February, resumed two digit growth and imports totaled $1 billion 710 million, an increase of 27.8% over the same period last year.

Total imports and exports totaled 12 billion 710 million US dollars, an increase of 5.5%, achieving a surplus of US $9 billion 290 million, down 14.2% from the same period last year.

In 2010 1~3, textile and garment imports and exports all achieved two digit growth, of which exports grew by 15.1% and imports increased by 19.7%.

Realized a cumulative surplus of 35 billion 120 million US dollars, an increase of 14.6%.

In the first quarter of this year,

Textiles and garments

Trade started well and imports and exports achieved double growth.

As the first quarter of last year was the most serious period affected by the global financial crisis, the year-on-year base of textile and clothing exports was small. In addition, the main market briefly recovered after inventory digestion. Therefore, textile and clothing imports and exports reached a two digit year-on-year growth in the first quarter.

Imports grew faster in the first quarter of this year, except for a single month decline in February, while imports in January and March increased rapidly.

Imports in the first quarter have returned to the same level in 2008, with imports reaching 4 billion 90 million US dollars, up 19.7% over the same period last year.

emerging market

Sharp drop in growth

EU: in March, China's exports to the EU dropped by 15%, of which textile exports were basically flat compared with the same period last year, while garment exports dropped by 21.5%.

The export volume of knitted and woven garments decreased by 16.9% and the unit price by 7.2%.

Exports to the EU increased by 16.8% in the first quarter, of which textiles and clothing increased by 22.51% and 14.96% respectively. The average unit price of knitted and woven garments increased by 1.79%.

The United States: in March, China's textile and clothing exports to the United States remained stable throughout the year, an increase of 1% over the same period last year.

Among them, textiles grew by 11.2% and clothing by 6.17%.

Among them, the number of knitted apparel exports increased by 11.19%, the unit price decreased by 15.73%, the number of woven garments exported decreased by 8.08%, and the unit price dropped by 3.68%.

In the first quarter, the total exports of textiles and clothing to the United States increased by 22%, of which textiles and clothing grew by 27.85% and 19.85% respectively, and the average unit price of knitted and woven garments decreased by 11.7%.