It Is Estimated That The Total Foreign Trade Of China's Textiles Will Continue To Decline In The Same Period In May.

1-4 months of 2016, China

However, the volume of trade has declined to varying degrees compared with the same period last year.

The industry expects that the total foreign trade of China's textiles will continue to decline year-on-year in May.

According to statistics, in 2016 1-4, China's total exports of textiles

77 billion 477 million US dollars, of which 33 billion 110 million are exported textiles and 44 billion 367 million are exported garments.

According to Xu Xiaomiao, an analyst of Zhuzhou textile and textile industry, in 2016 1~4, China's textile foreign trade situation still maintained a favorable balance, but the volume of trade declined to varying degrees compared with the same period last year.

"It is worth noting that China's textile and garment exports remained negative growth in the same period last month, 1~4.

Clothing and accessories accessories export weakness, a year-on-year decline of 4%, the decline is more significant.

In the same period, textile yarns, fabrics and products are still hard to grow. "

Xu Xiaomiao said.

Reporters learned that the reasons for the negative growth of China's textile and clothing exports were still different.

"Vietnam and other Southeast Asian countries have improved their textile and clothing export capabilities.

The cost performance has been gradually improved, which has taken part in China's apparel market overseas.

According to Zhuo Chuang information, China's textile products are favored in the North American market, but the consumption in the EU, Japan and Korea has gone down too fast.

Xu Xiaomiao said.

According to statistics from the General Administration of Customs of China, 1~4 textile imports totaled 7 billion 224 million US dollars in 2016, including 5 billion 211 million US dollars in imported textiles and 2 billion 13 million US dollars in imported garments.

Imports of textile yarns, fabrics and products fell too fast, dragging down the total import volume of textiles in China.

Since 2016, the price advantage of pure cotton yarn imports has been lost, and the order volume of traders has decreased rapidly, dragging down the total import volume of textile and clothing by 13%.

Xu Xiaomiao said.

Why does the import of textile yarns, fabrics and products in China appear to be declining sharply in the first 4 months of this year? For this reason, Xu Xiaomiao believes that in India and other major yarn exporting countries, the US dollar quotations for cotton yarn exports have gone up, which has lost the attraction to our market.

In Southeast Asia and other Southeast Asian countries, because of the low labor cost, the output capacity of the textile industry is becoming stronger and stronger. At present, the downstream textile industry has been gradually built up, the proportion of yarn occupied by itself has increased, the export proportion has decreased, and the price of China's domestic yarn is at a low level, which is difficult to rebound. This directly leads to a sharp decline in the import of yarn in China, thus dragging down the total import textile imports.

In the future, what are the characteristics of China's textile foreign trade? In this regard, Xu Xiaomiao said that the regulation of Keqiao's printing and dyeing industry has led to the deepening of the order outflow of textiles.

In terms of external demand, the medium and long term textile and garment exports still face the high cost of domestic labor, product reputation and low added value, and the export situation is improving slowly in the short term.

Therefore, the total foreign trade volume of textiles in May will continue to decline compared with the same period last year.