my country's textile, leather, and apparel exports to Europe were stable in the first 10 months

by:JIYALI     2021-08-01
According to China Customs statistics, in October 2007, the national textile and apparel import and export amounted to USD 16.32 billion, an increase of 19% year-on-year (the same below). Among them, exports were 14.89 billion U.S. dollars, an increase of 20.5%; imports were 1.43 billion U.S. dollars. An increase of 4.8%. In October, it achieved a foreign trade surplus of US$13.46 billion, an increase of 22.6%. From January to October, the national textile and apparel imports and exports amounted to US$156.97 billion, an increase of 18.3%. Among them, exports were US$141.58 billion, an increase of 20.1%, textile exports were US$45.96 billion, an increase of 14.5%, and clothing exports were US$95.62 billion, an increase of 23%. It ranks first in the category of clothing products; exports of woven garments and clothing accessories increased by 9.3% and 14% respectively; exports of cotton garments grew the fastest, with an increase of 41.9%; garments made of wool and chemical fiber increased by 12.7% and 12.5%, respectively. Only silk garment exports fell by 5.9%) The growth rate of garment exports continued to exceed that of textiles; imports were US$15.39 billion, an increase of 3.6%. The accumulated surplus was 126.19 billion US dollars, an increase of 22.5%. Exports: Among the textiles I export to the world, yarn exports have grown rapidly, with an increase of 20%, and finished products and fabrics have increased by 15% and 12.6% respectively. The chemical fiber products in yarns and fabrics increased by 14.6%. The export of cotton and wool products increased by 5.5% and 4.9% respectively. The export of silk products has not yet resumed growth, down 16.2%. Among the textile products, the export of home textiles increased by 13%. In October 2007, although China's exports to the EU have not resumed growth, the decline in exports has been reduced to only 2.6%. From January to October, China’s total exports to the EU were 23.26 billion U.S. dollars, basically the same as the same period last year; October exports to the United States were 2.15 billion U.S. dollars, an increase of only 6.3%. The monthly export growth rate fell below 10% for the first time this year, a significant drop from the previous period. l Cumulative exports to the United States increased by 23.3% in October, a drop of 2.3 percentage points from the end of the third quarter. In mid-October, China and the EU reached a consensus on cooperating to establish a bilateral textile monitoring system, and decided to implement bilateral monitoring of 8 categories of textile and apparel products throughout 2008, with no quantitative restrictions. The Chinese side implements export licensing, and the European side implements an automatic import licensing system. The promulgation of the policy has strengthened the export confidence of enterprises to the EU and stabilized the trend of my country's textile and apparel exports to the EU. The growth rate of exports to other major markets, Japan, Hong Kong, and South Korea was not large, and none of them exceeded 5%. The fastest-growing markets are mainly Russia, the United Arab Emirates, Singapore and other countries, with growth rates of more than 50%. The total export value of these several markets accounted for more than 10% of my country's export market. As the growth rate of China's overall exports to the United States has slowed down, the growth rate of my country's clothing exports has fallen. From January to October, my country exported 16.08 billion U.S. dollars of clothing to the country. The growth rate was 29.4%, which was another 3.4 percentage points lower than that at the end of the third quarter. In October, my country's clothing exports to the United States only increased by 3.5%, and clothing exports to the EU were US$17.51 u200bu200bbillion, down 5.9%. The rate of decline continued to expand, mainly due to the 26.5% drop in knitted clothing exports. From January to October, the export volume of my country's clothing (including woven and knitted) was 26.36 billion pieces (sets), an increase of 10.296. The average export unit price was US$3.23/piece (set), a year-on-year increase of 14%. Among them, the unit price of woven clothing increased by 5.5% year-on-year, and the unit price of knitted clothing increased by 25.5%. Statistics show that the unit price of my clothing exports to the EU increased by 5.2%, and the unit price of exports to the United States began to stop falling. The unit price of yarns exported to the world dropped by 4.3%, and the export unit prices of fabrics, except for silk fabrics, maintained a slight increase. Imports: In October, my country’s imports from Taiwan, China’s main import market, fell by 1.9%, imports from Japan, South Korea, and Hong Kong fell by 0.6%, 1.9%, and 4%, respectively; imports from the European Union and the United States increased by 23.8%, respectively. And 15.7%. From January to October, my country's textile imports were US$13.77 billion, an increase of 2.7%; clothing imports were US$1.62 billion, an increase of 12.3%. The cumulative increase in clothing imports has increased month by month. Imports of knitted garments in apparel increased by 8%. Woven clothing increased by 16%. Among knitted and woven garments, imports of woolen garments increased by 27%, imports of chemical fiber garments increased by 10.2%, cotton garment imports increased by 11%, and silk garment imports decreased by 13.6%. Imports of wool and leather garments increased by 65.2%. The import unit price of clothing (including knitted and woven clothing) rose by 29.1% as a whole, and the unit price continued to rise. The import volume of yarn in textiles reached 1.513 million tons, the import value was 3.79 billion U.S. dollars, and the import value dropped slightly by 0.2%. Fabric imports reached 7.39 billion US dollars, an increase of 2.2%. Among the textile products, the import of home textiles grew the fastest, with an increase of 24.6%.
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