Analysis Of Export Of Textiles And Garments In The First Three Quarters Of 2012

After three months of continuous decline, China in September

product

Exports rebounded, and exports amounted to $25 billion 130 million during the month, the highest in the year.

Driven by the Christmas order and the stabilization of the US economy, the contraction of the new export orders index has been reduced and the export growth has been promoted.

In September, China's textile and clothing trade increased by US $27 billion 260 million, an increase of 9%, of which exports were US $25 billion 130 million, an increase of 9.3%, an import of US $2 billion 130 million, an increase of 4.6%, and a trade surplus of 23 billion US dollars in the same month, an increase of 9.8%.

In 1~9 months, the total volume of textile and apparel trade in China increased by 205 billion 320 million US dollars, an increase of 1%, of which 187 billion 160 million US dollars in exports, an increase of 0.5%, and 18 billion 170 million US dollars in imports, an increase of 6.4%.

The cumulative surplus of US $168 billion 990 million was basically flat.

Trade mode

General trade export growth, processing trade import decline

In September, exports of all major modes of trade increased.

General trade grew by 11.8% and processing trade increased by 1.1%.

In the first three quarters, the export of main trade mode was poor.

General trade cumulative exports grew by only 0.5%, and processing trade dropped by 2.3%.

In the month of September, general trade imports grew by 15.4%, and processing trade dropped by 2.8%.

In terms of imports, general trade grew rapidly in the first three quarters, with a cumulative increase of 26% and processing trade by 3.8%.

Trading partner

EU market dragged down overall export clothing and promoted ASEAN's status.

EU: in September, China exported $4 billion 140 million to the EU, down 5.2%, although the decline was narrower than the previous period, but the annulus ratio fell by 21%, and the market remained depressed.

In the first three quarters of the year, in the key export markets of China, the EU was in the worst situation, and its textile and clothing exports amounted to US $36 billion 170 million, down 13.5%.

From the point of view of export commodity structure, the clothing of the main products decreased by 15.6%, and the export unit price dropped by 2.7%.

Us: the US economy has recovered slowly and exports to the US have increased slightly.

In September, China exported $3 billion 960 million to the US, an increase of 3.6%, of which 2.4% of textiles and 4% of clothing.

In 1~9 months, China's textile and clothing exports to the United States increased slightly, with a total export volume of US $29 billion 460 million, an increase of 3.4%, of which 7 billion 540 million US dollars in textile exports, an increase of 6.9%, and clothing exports 21 billion 920 million US dollars, an increase of 2.3%.

Japan: in September, China's export to Japan has not yet been negatively affected by politics. It exported 3 billion 200 million US dollars in the month, a record high in the year, up 3.7% over the same period.

Clothing exports increased by 4.4%.

There were more than 10 thousand export enterprises to Japan this month, an increase of nearly 400 over the same period last year.

In the first three quarters, the cumulative export volume to US $20 billion 160 million was 1.4%.

The growth rate is lower than that of the United States and ASEAN.

Clothing exports increased by 1.8%, exports of knitted and woven garments decreased by 5.9%, and the export average unit price increased by 7.6%.

ASEAN: exports to ASEAN far exceed the average value. Clothing instead of textiles has become the driving force for growth.

In September, China's export to ASEAN rebounded to US $2 billion 190 million, an increase of 36.7%.

In 1~9 months, China's total exports of ASEAN's textiles and clothing totaled US $17 billion 290 million, an increase of 20.8%, an increase far exceeding the average.

Our exports to ASEAN are mainly textiles, and textiles have been the main driving force for many years.

But this year, the growth initiative has come from clothing. In the first three quarters, the total export of yarn fabrics was 8 billion 680 million US dollars, an increase of 10.7%, pulling 6.3 percentage points, clothing exports 5 billion 980 million US dollars, an increase of 53.3%, pulling 14.5 percentage points.

Product structure

Yarn growth to catch up with fabric and garment export price rise

China's textiles and textiles in September

All of them rose by 7.5% and 10.3% respectively.

In textiles, the yarn grew by 15.8%, increasing by more than that of fabrics and finished products. The export volume and quantity of knitted and woven garments increased by 7.3% and 10.9% respectively, and the export unit price increased by 3.3%.

1~9 months, China's textile and clothing exports increased by 0.2% and 0.7% respectively.

The exports of yarn and fabric all declined, and the finished products increased.

In the yarn fabric, cotton products fell most rapidly, and the total exports of cotton yarn and fabric decreased by 7.1%.

In garments, the export volume of knitted and woven garments decreased by 3%, and the export unit price increased by 3.3%.

Import survey

Cotton yarn imports keep growing rapidly, cotton imports exceed 4 million tons during the year

In September, China's textile and clothing imports increased by 5.6% and 1.1% respectively.

Textiles are mainly driven by cotton yarn in yarn. The cotton yarn imports reached 138 thousand tons in the month, an increase of 62.3%.

The import price of cotton yarn continued to decline, down 7.5% in September and 16.1% in 1~9 months.

1~9 months, China's textile imports amounted to 14 billion 790 million US dollars, an increase of 4.6%, and clothing imports of US $3 billion 380 million, an increase of 15%.

The imports of fabrics and textile finished products decreased. Only yarn kept growing and grew rapidly. Import volume and value increased by 35.2% and 21.6% respectively.

In the first 9 months, the import of cotton has experienced great changes. The monthly import volume dropped from March to 62.5 tons, and the import volume dropped to 263 thousand tons in September.

1~9 months, cotton imports totaled 4 million 30 thousand tons, an increase of 107%.

There is still a big gap between the price of imported cotton and domestic cotton, and the price of imported cotton was 2360 US dollars / ton, down 16.7%.

Imports kept a small increase. The total import volume and value of 1~9 increased by 1.5% and 0.7% respectively, and the unit price of imports was basically flat.

In September, imports rebounded in the first few months, and the import volume narrowed to 1.6%. However, the import price declined and the decline dropped to 6%.