The Four Markets Have Their Own Characteristics, And The European And American Markets Perform Well.

In October, the three largest markets of the European Union, the United States and ASEAN jointly stimulated exports to create two digit growth.

Textile and clothing exports grew by 10.2% in October, and two digit growth since March, which led to an increase of 6.4% in the first 10 months.

Among the three major export markets, the contribution rate of EU, US and ASEAN to the overall export growth reached 28.5%, 12.7% and 20.2% respectively.

Exports of general trade and small frontier trade continued to grow, while processing trade continued to decline.

In October, exports of general trade and small frontier trade maintained an increase of 10.6% and 21.5% respectively, while processing trade dropped by 6.3%.

In 1~10 months, general trade totaled 188 billion 600 million US dollars in exports, an increase of 6.6%, and processing trade dropped by 1.51%, which was mainly affected by 9.8% reduction in processing exports, a 0.5% increase in feed processing and 2% growth in border trade.

Slowdown in EU growth

Since the beginning of the year,

The main export markets in China have always been strong.

The cumulative export growth in the first 9 months reached 16.6%, ahead of other markets.

Exports to the EU slowed slightly in October, and exports increased by $4 billion 250 million in the same month, an increase of 7.9%, the lowest growth rate in the year (except for negative growth in February).

In 1~10 months, China's total exports to the European Union amounted to 49 billion 310 million US dollars, an increase of 15.8%, of which 11.3% of textiles and 17.1% of clothing.

The export volume of knitted and woven garments increased by 13.7%, and the export unit price increased by 4.2%.

Steady growth in the US

After entering the second half of the year, the United States

The trend is stable, and exports are maintained at more than US $4 billion per month.

In October, exports to the US amounted to US $4 billion 50 million, an increase of 13.9%.

In 1~10 months, China's total exports to the US amounted to US $37 billion 650 million, an increase of 8.3%.

Textiles and clothing grew by 7.1% and 8.5% respectively.

Knitting and weaving

A total of 5 billion 178 million exports (sets), an increase of 4.1%, the average export price increased by 4.2%.

ASEAN rebounded again

From the beginning of September to the September, the export growth rate to ASEAN slowed down significantly compared with the previous years, and even negative growth occurred in February and September.

In October, the volume of exports to ASEAN was re enlarged, and exports amounted to $3 billion 520 million in the same month, an increase of 24.7% over the same period last year.

Vietnam accounts for about half of the total, and exports to Vietnam increase by nearly 50%.

In 1~10 months, the total export volume to ASEAN increased by US $29 billion 110 million, an increase of 5.6%.

Exports of bulk exports of fabrics and yarns increased by 8.5% and 12% respectively, and manufactured goods increased by 16.3%.

The export volume of knitted and woven garments increased by 10.1%, and the number of woven garments increased rapidly, with an increase of 164.5%.

The average unit price of exports dropped by 10.3%.

Accelerated decline in Japan

In October, exports to Japan amounted to 2 billion 360 million US dollars, a decrease of 14.6%, a further decline from the earlier stage, of which textiles and clothing decreased by 10.3% and 15.5% respectively.

The total export volume of knitted and woven garments of key commodities decreased by 14%, and the export unit price fell by 2.2%.

In 1~10 months, the total export volume to Japan was 20 billion 560 million US dollars, a decrease of 9.2%, of which the export volume of knitted and woven garments decreased by 9.8%, and the export unit price dropped by 2.3%.