Guangdong's Export Apparel Grew In The Same Period In The First Quarter

Whampoa customs statistics show that in the first quarter of this year, Guangdong exported 7 billion 150 million US dollars of textile and clothing, an increase of 14.6% over the same period last year. Among them, the export garments and accessories were 5 billion 100 million US dollars, an increase of 11.5%, and the export of textile yarn, fabrics and products 2 billion 50 million US dollars, an increase of 22.8%.

Guangdong is the most important export area of textile and clothing in China. Customs investigation shows that although the increase in exports has brought confidence to the garment industry, worries about the expectation of RMB appreciation, the cost increase, the compression of profit margins, the upgrading of trade barriers and the difficulty of export will make the textile industry's future recovery still confusing.

Statistics show that this year's export growth trend is quite related to the lower base last year. As a result of a smaller base last year, exports in the 1 and February of this year are still growing year by year, but in March, exports dropped again in the same period last year, and exported 2 billion 140 million US dollars in the same month, down 9.6% from the same period last year.

According to customs analysis, with the economic recovery, the consumption demand of textile products in the global market has increased, which has brought positive benefits to the export of China's textile industry. But at the same time, enterprises are also faced with problems such as increasing pressure on RMB appreciation, increasing trade barriers and increasing export difficulty.

In addition, the current textile and garment enterprises are facing more prominent pressure of cost increase. As the economy gets warmer, raw material prices rise. The cost increase of textile industry started from the end of 2009 is the largest in recent years. The labor cost of some enterprises has increased by 3% this year, and the cost of shipping has increased by 2% - 3%. Textile enterprises rely on their own ability to reduce the cost of space has been very limited. How to upgrade and improve export competitiveness has become a top priority.