Pressure Remains In July, Textile Exports Continue To Improve

The latest statistics of the General Administration of Customs show that in July, China exported about 26 billion 950 million US dollars of textile and clothing, an increase of 5.74% over the same period last year, a 5.78% increase of the ring.

Exports of textile yarns, fabrics and products were 10 billion 159 million US dollars, an increase of 8.78% over the same period last year, a decrease of 4.91% compared to the same period, and an export garment and accessories 16 billion 792 million US dollars, an increase of 3.99% over the same period last year, an increase of 13.51% in the ring.

In the first seven months of this year, China's textile and clothing exports were US $154 billion 367 million, up 3.71% over the same period last year.

Among them, exports of textiles amounted to US $68 billion 461 million, an increase of 10.05% over the same period last year, and exports of clothing and accessories reached US $85 billion 906 million, down 0.84% compared with the same period last year. Two of them continued to show a marked differentiation trend of "strong textile exports and weak clothing exports", but in recent months, the export trend of garment exports has obviously increased in a single month.

Renminbi denominated, 1~7 months, China

The total export volume was 990 billion 200 million yuan, down 3.26% from the same period last year.

In this regard, Guo Guang, an information analyst, thinks that the domestic cotton textile industry was in the traditional off-season in July, and the demand side performance was not very satisfactory.

The demand for other places is relatively mild, and the international geopolitical factors are highlighted. Domestic textile enterprises are constantly breaking the shackles, whether they are textile and garment exports or textile.

And exports of articles, garments and accessories have been significantly improved.

In the medium to long term, Guo Guang believes that the background of poor environmental needs is still hard to get rid of.

On the occasion of the delayed arrival of the national cotton store and the upcoming listing of new cotton,

Supply side pressure is not large, but it is subject to weak demand in the off-season, so it is difficult for operators to ease their cautious operation.

Besides,

Domestic textile exports are still under pressure.

Guo Guang predicted that in the upstream and downstream difficult to find a good stage, the market operation risks remain, textile exports pressure situation continues.