Italy's Textile Industry Is Facing Crisis

　 Like other industries, export-oriented Italy The textile and garment industry has been hit hard by the financial crisis. Production, sales and exports are all down in two figures, the liquidity of SMEs is tight, the number of unemployed workers is increasing, making it the most severe year in the past 20 years.

According to the estimated data of Italy Textile Fashion Industry Federation, in 2009, Italy textile and garment industry achieved sales revenue of about 45 billion euros, a decrease of 16% over the previous year, 482 thousand employment, a decrease of 26 thousand people, exports of 22 billion 200 million euros, a decrease of 20%, imports of 15 billion 800 million euros, a decrease of 11%, and a trade surplus of 6 billion 400 million euro, a decline of 37%.

According to the Italy Foreign Trade Commission data, in 2009, the export of Italy textile and garment industry to China was 368 million Euro Compared with the previous year, it dropped by 5.8%, accounting for 1.65% of the total exports of Italy's textile and garment industry, and imports from China were 4 billion 187 million euros, down 3% from the same period last year, accounting for 26.3% of the total imports of Italy's textile and clothing products, ranking the top of the country of origin of imports, and the trade deficit with China was 3 billion 819 million euro yuan, down 2.7% from the same period last year.

Since this year, European and American markets The demand for Italy textile and garment industry has improved. According to the sample survey conducted by Italy Textile Fashion Industry Federation, the output value of textile and garment industry basically remained stable in the first quarter, a decrease of 0.2% compared with the same period last year. Among them, the textile industry increased by 4.7%, the clothing industry dropped by 3.5%, exports dropped by 3.5%, and orders increased by 3.2%.

　　 However, the association is not optimistic about the future trend of the industry. It is considered that the recovery of textile and garment industry will be very slow because of the instability of global economic growth, the high price of raw materials, the speculation of euro exchange rate, and the fundamental improvement of the credit crunch.