In February this year, China's textile and garment exports declined. Insiders said the holiday short and rising costs, weak demand led to the February decline in Chinese textile and clothing exports is expected in March B2B China Trade China's total import and export of textiles and clothing trade is still difficult to achieve positive growth.
Exports declined
According to customs statistics, February 2016, China's exports of textiles and garments about 15.658 billion US dollars, among which the export of textile yarns, fabrics and related products 6.083 billion dollars, exports of clothing and clothing accessories 9.575 billion dollars. 2016 1 February China's cumulative exports textile and apparel 39.789 billion US dollars, among which the export of textile yarns, fabrics and related products 15.533 billion dollars, exports of clothing and clothing accessories 24.256 billion dollars.
"February's textile and apparel exports last month fell to 35.11%, down 35.63% of textile yarns, fabrics and related products, clothing and clothing accessories by 34.78%. "The textile industry information analyst Xu Xiaomiao told reporters.
Two reasons why exports decreases
According to Xu Xiaomiao introduction, two reasons led to the February decline in Chinese textile and clothing exports. "On the one hand, and holiday short-term factors leading textile and garment exports rose to drop significantly. Early February 2016 on Chinese Lunar New Year holiday falls almost exclusively on the impact of trade in February. Textile and garment trade virtually shut down during the Lunar New Year holiday in China, it is imperative to trade fell sharply. Over the last few years, textile and clothing trade between a minimum of months often occur in February or March, or the Chinese new year holiday caused the suspension of trading in the market. "Xu Xiaomiao said.
"On the other hand, rising costs, weak demand also led to textile and garment exports fell. "Xu Xiaomiao said February 2016, a sharp decline in textile and clothing exports. Viet Nam, and Indonesia and other ASEAN countries with cheap labor resources and excellent cotton import policy, resulting in the European Union, Japan and other places of textile export cost advantages, squeeze on China's textile and clothing market share overseas; while the developed economies of the country's economic situation bad, global trade in textiles in the downlink channel, on China's textile exports also impede.
In addition, Xu Xiaomiao think, 10% less than the total imports accounted for by imports and exports, up from the striking. "According to customs statistics, China's textile and apparel imports, imports accounted for 7%~10% of the volume. Today in 2015, China's textile and clothing exports US $ 283.9 billion, imports $ 25.61 billion, ratio of exports to imports was 100:9.02. In January 2016, China's textile and clothing exports/imports ratio is 100:7.48. Is a real net exporter of textiles and garments in China country and imports changes noticeable. "Xu Xiaomiao said.
March is now growing
In March, China's textile and apparel imports will show what kind of trend?, said Xu Xiaomiao, first of all, in March per cent of China's textile and clothing exports will be significantly improved: March chain of textile and clothing exports will be easily and painlessly from negative to positive, its impact has been quick out of the traditional Spring Festival holiday.
"Second, in March, year of China's textile and clothing exports will remain negative, garments and textiles accounted for 60% of the total, and 40%, and garment exports has a greater impact on the overall situation. Taking into account China's garment exports continue to EU, Japan and other places to stay clear of losing status, while countries such as Southeast Asia, South Asia's textile and clothing exports are strong, information is expected in March, China's textile and clothing exports will maintain its negative growth year. "Xu Xiaomiao said.
"Again, the situation is still not optimistic in March, China's textile and clothing imports Jeans Skirts. "Xu Xiaomiao said March's textile and apparel imports by the domestic economic slowdown, domestic demand, lack of motivation, as well as domestic textile and inventory features such as high pressure, textile imports is still difficult, decline in the growth of movements. In addition, Xu Xiaomiao is expected in March, China's textile and clothing export and import trade volume is still difficult to achieve positive growth.