Weak Market, Textile And Garment Exports, Negative Eu Growth

< p > China's < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > a target= "_blank" href= "_blank" > clothing > export is facing the most severe test.

1~7 months, China's clothing exports 82 billion 930 million US dollars, down 0.2%; textile exports 54 billion 470 million US dollars, down 0.2%.

From the perspective of single month performance, exports in 1, 2, 4 and June showed negative growth compared with the same period last year.

"This is consistent with the current pressure on China's overall import and export."

Wang Qian, editor in chief of the first textile network, said in an interview with reporters, "since the beginning of this year, China's textile and clothing exports have been fluctuating at a low level of negative growth and 1%~2%."

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< p > the export of textile and clothing is depressed because of the problem of "internal and external troubles".

In the shadow of the European debt crisis and the US debt crisis, the global economy has been declining as a whole, and the export of textile and clothing that is dependent on foreign demand has been severely hit. Meanwhile, domestic economic growth has dropped, costs are rising, and cotton prices are hanging upside down, leading to a slowdown in textile production, a decline in business efficiency and a weakening of export competitiveness.

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< p > Wang said: "the EU market is the main export market of textiles and clothing in China. The market demand in Europe and the United States, especially in Europe, has shrunk considerably, which is the core factor leading to the export downturn."

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< p > data show that in the first half of this year, China's textile and clothing exports to the EU totaled 21 billion 310 million US dollars, down 12.2%.

From a horizontal comparison, the EU is the only area in China's main export market. The vertical decline in exports to the European Union has accelerated, falling to two digits, worse than in 2009.

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< p > < a href= "//www.sjfzxm.com/news/index_c.asp > > EU < /a > statistics. In the month of 1~4 this year, the EU imported $44 billion 830 million from the global textile and apparel products, down by 9.7%, of which 16 billion 830 million from China imports, down 11.6%, a decline of more than the average.

The share of Chinese products in the EU market is 37.5%, representing a decrease of 0.8 percentage points compared to the same period last year, of which the share of major commodity clothing dropped by 1.7 percentage points.

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< p > although due to the high domestic costs, some of the low-end orders have been lost to Vietnam, India and other countries, but Wang stressed that the slowdown in China's export market is not a special case because of the "cake" in the whole external demand market. Other countries are also facing the same problem. In the final analysis, the external demand is weak.

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< p > China's textile and clothing exports grew rapidly because of the financial crisis in 2008.

"2008 is a watershed.

Before the crisis, thanks to China's accession to the WTO, China's textile and clothing exports basically maintained a two digit high growth rate. After the crisis, the growth rate slowed down significantly. Although there was a rebound in 2010 and 2011, the overall growth rate showed a low growth trend.

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< p > Wang Qian said that in addition to internal cost factors, China's textile and clothing exports accounted for 30%~40% share of the world, it is difficult to have room for further improvement.

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< p > for this year's "a href=" //www.sjfzxm.com/news/index_f.asp "export > /a" situation, Wang Qian said, "the pressure is great, not optimistic."

But he also said that in the face of changes in the external environment, the power of pformation and upgrading of enterprises will be stronger.

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