In February this year, China's textile and garment exports have declined. Insiders said that the holiday short term factors and rising costs of weak demand cause a decline in February, China's textile and apparel exports, is expected in March of China Textile and apparel import and export trade volume is still hard to achieve positive growth.
Decline in exports
According to customs statistics, in February 2016 China's exports of textiles and clothing of about US $, of which exports of textile yarn, fabric and products, US dollars, exports of clothing and clothing accessories. 2016 1~2 months, China's total exports of textiles and clothing of US dollars, of which exports of textile yarn, fabrics and products of US dollars, exports of clothing and accessories.
"Textile and apparel exports fell by 35.11% in February from the previous month, in which textile yarns, fabrics and articles declined by 35.63%, clothing and clothing accessories fell by 34.78%." Zhuo textile industry analyst Xu Xiaomiao told reporters.
Two reasons lead to the decline in exports
According to Xu Xiaomiao introduction, two reasons led to the decline in February China's textile and garment exports. "On the one hand, due to the short - term factors leading to the holiday, the textile and garment export than the big drop. In early February 2016 coincides with the Lunar New Year holidays, impact on trade fall almost entirely on February. During the Spring Festival holiday, the domestic textile and apparel trade almost stalled, trade volume dropped significantly imperative. Throughout the past few years, the lowest amount of textile and garment trade in February or March, mainly due to the Spring Festival and the main cause of market trading halt." Xu Xiaomiao said.
On the other hand, the rising cost of weak demand led to textile and garment exports fell." Xu Xiaomiao said that in February 2016 the amount of textile and apparel exports fell sharply. Vietnam, Indonesia and other ASEAN countries with cheap labor resources and generous cotton import policy, lead to the obvious in the European Union, Japan and other places of the textile export cost advantage, crowding out in the overseas market share of China's textile and apparel; at the same time developed economies, their economic status intermingled, global textile trade volume in the downlink channel, also on China's textile exports hinder the formation.
In addition, Xu Xiaomiao believes that imports accounted for the proportion of total imports and exports accounted for less than one percent, compared to the chain is difficult to. According to customs statistics, China's import and export of textiles and clothing, imports accounted for only 7%~10% of the amount of exports. 2015 China's textile and apparel exports 283 billion 900 million U.S. dollars, imports of U.S. dollars, the proportion of exports and imports of 100:9.02. The ratio of China's textile and apparel exports and imports in January 2016 was 100:7.48. So China is a real textile and garment export country, and the change of the import amount is difficult to attract attention." Xu Xiaomiao said.
March is hard to grow
In March, China's textile and apparel import and export volume will show what kind of trend? In this regard, Xu Miao said that first, March China's textile and apparel exports, the chain will have obvious improvement. 3 in textile and apparel exports, the chain might be accomplished easily from negative to positive, because it has been quickly get rid of the influence factors of the traditional Spring Festival holiday.
Secondly, in March China's textile and garment exports will remain negative, clothing and textiles accounted for six of the total exports and four into, and thus the impact of the garment export situation on the overall situation is greater. Consider to the current China's clothing exports to continue in the European Union, Japan and other keep obvious loss of form, and Southeast Asia, South Asia and other country's textile and apparel exports limelight strong, WWW is expected to march of China's textile and garment exports year-on-year still remain negative growth. " Xu Xiaomiao said.
Again, in March the situation of China's textile and apparel imports is still not optimistic." Xu Xiaomiao said that in March the import of textile and clothing by the domestic economic slowdown, lack of power, as well as high pressure and other characteristics of the domestic textile stocks, textile imports are still growing, the trend is difficult to fall. In addition, Xu Xiaomiao is expected in March China's textile and apparel import and export volume is still difficult to achieve positive growth.