According to customs statistics, in April this year, China’s textile and apparel trade volume once again exceeded US$20 billion, reaching US$21.81 billion. The export growth rate accelerated. The current month's exports were 19.87 billion U.S. dollars, an increase of 36.6% year-on-year and an increase of 19.9% ​​month-on-month; while import growth slowed down during the same period, imports were 1.93 billion U.S. dollars, a year-on-year increase of 14.2% and a year-on-year decrease of 8.1%. From January to April, China's textile and apparel exports totaled 68.5 billion U.S. dollars, up 27.4%, and imports reached 7.08 billion U.S. dollars, up 22.4%, and the accumulative growth of exports again exceeded imports. The cumulative trade surplus reached 61.43 billion U.S. dollars, an increase of 28%.
The performance of the ASEAN and Latin America markets in the EU market is eye-catching: In April, China exported 3.59 billion U.S. dollars to the EU, an increase of 43.8%. Among them, textile exports reached US$1.1 billion, an increase of 34%, and apparel exports reached US$2.49 billion, an increase of 49%. From January to April, China exported 13.88 billion U.S. dollars to the EU, an increase of 26.4%, of which textile exports were 3.82 billion U.S. dollars, up 26.3%, and apparel exports 10.06 billion U.S. dollars, up 26.4%. The unit price of EU merchandise exports kept rising rapidly, with yarns rising by 50% and knitted and woven garments rising by 23%.
US market: In April, China exported 2.73 billion U.S. dollars of textiles and clothing, an increase of 28.6%. Among them, textiles exported 810 million U.S. dollars and garments exported 1.93 billion U.S. dollars, up 25.7% and 29.8% respectively. From January to April, China’s textile and apparel exports to the United States reached US$9.48 billion, an increase of 16.8%, and the smallest increase in the major export markets. Among them, textile exports were 2.73 billion U.S. dollars, up 16.2%, and apparel exports 6.75 billion U.S. dollars, up 17.1%. The unit price of U.S. main merchandise exports kept rising, and yarns increased by 11.1%. The export volume of knitted and woven garments decreased by 2.6%, and it gradually stopped falling. The unit price of exports increased by 19.5%.
Japan Market: In April, China’s exports to Japan continued to grow, with exports of 2.41 billion U.S. dollars in the month, an increase of 23.3%, of which textile exports increased by 39% and apparel rose by 20.2%. From January to April, China exported 8.25 billion U.S. dollars to Japan, an increase of 24.5%. Among them, textile exports were US$1.51 billion, up 31.4%, and apparel exports were US$6.74 billion, up 23.1%. The unit price of major merchandise exports rose rapidly, with yarns rising by 46% and knitted and woven garments rising by 18.3%.
ASEAN Market: In April, China exported 1.89 billion U.S. dollars to ASEAN, an increase of 57.7%. The total yarn and fabric exports was US$1.13 billion, an increase of 64.3%. From January to April, China exported 5.73 billion US dollars to ASEAN, an increase of 44.5%, of which yarn fabric exports totaled 3.43 billion US dollars, an increase of 65.2%.
ASEAN’s position in the textile and apparel export market in China has gradually increased, accounting for 8.4% of China’s total exports, up 1.2% from last year. From January to April, China’s exports to Vietnam and Bangladesh increased by more than 70%. Vietnam's ranking in China's export market (single country ranking) has rapidly risen to sixth place from 10th place last year, while Bangladesh has risen from 18th to 13th place. The performance of the Latin American market is also outstanding. Since the beginning of the year, China’s exports to Latin America have always maintained rapid growth. From January to April, exports to Latin America amounted to US$6.44 billion, accounting for 6.8% of total exports, and exports increased by 62.3% year-on-year, making it the fastest growing in all continents. Among them, exports to Brazil, Chile, and Panama increased by more than 40%, and exports to Panama increased by as much as 108%.
Trade in the Bonded Zone warmed up in April. General trade, processing trade, and small-frontier trade exports all achieved rapid growth, with increases of 41.5%, 18.8%, and 47.2%, respectively. The cumulative increase from January to April was 30.3%, 17.8%, and 30.4%, respectively.
Since the beginning of the year, trade in warehousing re-exports in the bonded area and trade in bonded warehouses have maintained rapid growth. In April, imports and exports increased by 51.2% and 44%, respectively, and from January to April, they increased by 82% and 44.6%. The rapidly growing areas are mainly concentrated in Shenzhen, Xiamen, Shanghai, Dalian and other ports.
Rising prices and prices promoted rapid growth in exports. In April, driven by the increase in export volume and prices, all major commodity exports have achieved rapid growth. Exports of yarns, fabrics and garments increased by 44.2%, 43.4% and 35.7%, respectively. The increase in export unit price was even more significant. The unit price of exports for the three categories of commodities increased by 33.4%, 26.1%, and 25.4%, respectively. The unit price of yarn exports rose month by month, reaching US$4,120/tonne in April, compared to January. Increased by 17.4%. From January to April, the exports of the three major categories of commodities increased by 54.6%, 40.3% and 23%, respectively, of which the export unit prices rose by 28.9%, 28.3% and 18.5% respectively.
The import volume of yarn fabrics rose in major import products. The import volume of yarns and fabrics declined, but the import prices continued to rise. In April, the import volume of yarns and fabrics decreased by 26.8% and 7.8% respectively, and the unit price of imports rose by 43.4% and 19.4% respectively. In the same period, the import volume of knitted and woven garments increased by 51.6%, and the unit price of imports increased by 25.2%. From January to April, the unit prices for imported yarns, fabrics, and apparel rose by 40%, 4%, and 0.7%, respectively.
The unit price increase of cotton imports did not change in April, and cotton imports continued to fall from the previous period. Imported 210,000 tons this month, a drop of 35%, a decrease of 23.9% from the previous month. The unit price of imports rose still, the monthly import price of 3170 US dollars / ton, up 80.4%, up 2.3%.
With the high price of imported cotton, the alternative role of chemical fiber gradually emerged. In April, the import of chemical fiber was 56,000 tons, an increase of 1.1%, and the import price was 3,400 USD/ton, up 25.4%. From January to April, imports of chemical fiber reached 223,000 tons, an increase of 4.7%, and the unit price of imports rose by 22.9%.
Differences in imports by major trading partners are very different According to the data released by the US Department of Commerce's Textile and Apparel Office (OTEXA), in March 2011, the import volume of textiles and apparel imported from the US under the MFA declined and fell compared to the same period of the previous year, with 3.94 billion U.S. dollars imported during the month, a year-on-year decrease of 3.1. %, a decrease of 4.8% from the previous quarter. Imports amounted to US$7.09 billion, maintaining a year-on-year growth of 6% and a decrease of 4.5% from the previous quarter. The major reason for the decline in imports from China is more. The volume and value of imports from China decreased by 13.4% and 11.6% year-on-year, respectively, and dropped by 31.1% and 36% year-on-year.
In the first quarter, the United States’ global imports and value increased by 4.7% and 13%, respectively, of which imports from China increased by 4.3% and 9.6%. In the first quarter, the average unit price of imported textiles and apparel in the United States increased by 8%, of which textiles increased by 9.2% and clothing rose by 5.7%. The average unit price imported from China increased by 5.1%, of which textiles and apparel rose by 6.8% and 8.2% respectively.
Different from the sluggish performance of textiles and apparel imports from the United States, in the first two months of this year, the EU’s imports from the global and China’s imports grew faster. According to the statistics of the European Union Customs, in February 2011, the EU imported 12.5 billion U.S. dollars worth of textiles and clothing, an increase of 23.5%, of which 42% was imported from China. Imports from China increased by 22.5%. From January to February, the European Union imported 25.48 billion U.S. dollars worth of textiles and clothing, an increase of 20%, of which 10.99 billion U.S. dollars were imported from China, an increase of 19.8%.
In February, the EU imported 9.84 billion U.S. dollars of garments from the world, an increase of 22%, of which imports from China reached US$4.33 billion and its share reached 44%. Imports from China increased by 19.8%. From January to February, the EU imported 19.98 billion U.S. dollars of clothes from the world, an increase of 18.2%, of which imports from China reached 9.11 billion U.S. dollars, an increase of 17.4%.
The performance of the ASEAN and Latin America markets in the EU market is eye-catching: In April, China exported 3.59 billion U.S. dollars to the EU, an increase of 43.8%. Among them, textile exports reached US$1.1 billion, an increase of 34%, and apparel exports reached US$2.49 billion, an increase of 49%. From January to April, China exported 13.88 billion U.S. dollars to the EU, an increase of 26.4%, of which textile exports were 3.82 billion U.S. dollars, up 26.3%, and apparel exports 10.06 billion U.S. dollars, up 26.4%. The unit price of EU merchandise exports kept rising rapidly, with yarns rising by 50% and knitted and woven garments rising by 23%.
US market: In April, China exported 2.73 billion U.S. dollars of textiles and clothing, an increase of 28.6%. Among them, textiles exported 810 million U.S. dollars and garments exported 1.93 billion U.S. dollars, up 25.7% and 29.8% respectively. From January to April, China’s textile and apparel exports to the United States reached US$9.48 billion, an increase of 16.8%, and the smallest increase in the major export markets. Among them, textile exports were 2.73 billion U.S. dollars, up 16.2%, and apparel exports 6.75 billion U.S. dollars, up 17.1%. The unit price of U.S. main merchandise exports kept rising, and yarns increased by 11.1%. The export volume of knitted and woven garments decreased by 2.6%, and it gradually stopped falling. The unit price of exports increased by 19.5%.
Japan Market: In April, China’s exports to Japan continued to grow, with exports of 2.41 billion U.S. dollars in the month, an increase of 23.3%, of which textile exports increased by 39% and apparel rose by 20.2%. From January to April, China exported 8.25 billion U.S. dollars to Japan, an increase of 24.5%. Among them, textile exports were US$1.51 billion, up 31.4%, and apparel exports were US$6.74 billion, up 23.1%. The unit price of major merchandise exports rose rapidly, with yarns rising by 46% and knitted and woven garments rising by 18.3%.
ASEAN Market: In April, China exported 1.89 billion U.S. dollars to ASEAN, an increase of 57.7%. The total yarn and fabric exports was US$1.13 billion, an increase of 64.3%. From January to April, China exported 5.73 billion US dollars to ASEAN, an increase of 44.5%, of which yarn fabric exports totaled 3.43 billion US dollars, an increase of 65.2%.
ASEAN’s position in the textile and apparel export market in China has gradually increased, accounting for 8.4% of China’s total exports, up 1.2% from last year. From January to April, China’s exports to Vietnam and Bangladesh increased by more than 70%. Vietnam's ranking in China's export market (single country ranking) has rapidly risen to sixth place from 10th place last year, while Bangladesh has risen from 18th to 13th place. The performance of the Latin American market is also outstanding. Since the beginning of the year, China’s exports to Latin America have always maintained rapid growth. From January to April, exports to Latin America amounted to US$6.44 billion, accounting for 6.8% of total exports, and exports increased by 62.3% year-on-year, making it the fastest growing in all continents. Among them, exports to Brazil, Chile, and Panama increased by more than 40%, and exports to Panama increased by as much as 108%.
Trade in the Bonded Zone warmed up in April. General trade, processing trade, and small-frontier trade exports all achieved rapid growth, with increases of 41.5%, 18.8%, and 47.2%, respectively. The cumulative increase from January to April was 30.3%, 17.8%, and 30.4%, respectively.
Since the beginning of the year, trade in warehousing re-exports in the bonded area and trade in bonded warehouses have maintained rapid growth. In April, imports and exports increased by 51.2% and 44%, respectively, and from January to April, they increased by 82% and 44.6%. The rapidly growing areas are mainly concentrated in Shenzhen, Xiamen, Shanghai, Dalian and other ports.
Rising prices and prices promoted rapid growth in exports. In April, driven by the increase in export volume and prices, all major commodity exports have achieved rapid growth. Exports of yarns, fabrics and garments increased by 44.2%, 43.4% and 35.7%, respectively. The increase in export unit price was even more significant. The unit price of exports for the three categories of commodities increased by 33.4%, 26.1%, and 25.4%, respectively. The unit price of yarn exports rose month by month, reaching US$4,120/tonne in April, compared to January. Increased by 17.4%. From January to April, the exports of the three major categories of commodities increased by 54.6%, 40.3% and 23%, respectively, of which the export unit prices rose by 28.9%, 28.3% and 18.5% respectively.
The import volume of yarn fabrics rose in major import products. The import volume of yarns and fabrics declined, but the import prices continued to rise. In April, the import volume of yarns and fabrics decreased by 26.8% and 7.8% respectively, and the unit price of imports rose by 43.4% and 19.4% respectively. In the same period, the import volume of knitted and woven garments increased by 51.6%, and the unit price of imports increased by 25.2%. From January to April, the unit prices for imported yarns, fabrics, and apparel rose by 40%, 4%, and 0.7%, respectively.
The unit price increase of cotton imports did not change in April, and cotton imports continued to fall from the previous period. Imported 210,000 tons this month, a drop of 35%, a decrease of 23.9% from the previous month. The unit price of imports rose still, the monthly import price of 3170 US dollars / ton, up 80.4%, up 2.3%.
With the high price of imported cotton, the alternative role of chemical fiber gradually emerged. In April, the import of chemical fiber was 56,000 tons, an increase of 1.1%, and the import price was 3,400 USD/ton, up 25.4%. From January to April, imports of chemical fiber reached 223,000 tons, an increase of 4.7%, and the unit price of imports rose by 22.9%.
Differences in imports by major trading partners are very different According to the data released by the US Department of Commerce's Textile and Apparel Office (OTEXA), in March 2011, the import volume of textiles and apparel imported from the US under the MFA declined and fell compared to the same period of the previous year, with 3.94 billion U.S. dollars imported during the month, a year-on-year decrease of 3.1. %, a decrease of 4.8% from the previous quarter. Imports amounted to US$7.09 billion, maintaining a year-on-year growth of 6% and a decrease of 4.5% from the previous quarter. The major reason for the decline in imports from China is more. The volume and value of imports from China decreased by 13.4% and 11.6% year-on-year, respectively, and dropped by 31.1% and 36% year-on-year.
In the first quarter, the United States’ global imports and value increased by 4.7% and 13%, respectively, of which imports from China increased by 4.3% and 9.6%. In the first quarter, the average unit price of imported textiles and apparel in the United States increased by 8%, of which textiles increased by 9.2% and clothing rose by 5.7%. The average unit price imported from China increased by 5.1%, of which textiles and apparel rose by 6.8% and 8.2% respectively.
Different from the sluggish performance of textiles and apparel imports from the United States, in the first two months of this year, the EU’s imports from the global and China’s imports grew faster. According to the statistics of the European Union Customs, in February 2011, the EU imported 12.5 billion U.S. dollars worth of textiles and clothing, an increase of 23.5%, of which 42% was imported from China. Imports from China increased by 22.5%. From January to February, the European Union imported 25.48 billion U.S. dollars worth of textiles and clothing, an increase of 20%, of which 10.99 billion U.S. dollars were imported from China, an increase of 19.8%.
In February, the EU imported 9.84 billion U.S. dollars of garments from the world, an increase of 22%, of which imports from China reached US$4.33 billion and its share reached 44%. Imports from China increased by 19.8%. From January to February, the EU imported 19.98 billion U.S. dollars of clothes from the world, an increase of 18.2%, of which imports from China reached 9.11 billion U.S. dollars, an increase of 17.4%.
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