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Textile And Clothing Exports Soars In January 2011

2011/2/15 9:54:00 67

Textile And Garment Exports 2011

According to the latest data released by the General Administration of customs, in January 2011, China's textile and apparel exports totaled 21 billion 618 million US dollars, an increase of 38.58% over the same period last year, and the growth rate was 14.99 percentage points higher than that of 23.59% in 2010.

Among them,

textile

Exports of US $8 billion 243 million, an increase of 47.48% over the previous year, and clothing and accessories exports of US $13 billion 376 million, up 33.61% over the same period last year.


The industry believes that this shows that the external market has a relatively stable demand for Chinese textiles and clothing, and the overall recovery of the external market is ideal.


Wang Qian, chief analyst of China's first textile network, said that the textile and garment exports began to maintain rapid growth in the 2011, which is mainly affected by many factors: first, the global economic recovery is beyond expectations, and the demand for replenishment is strong; two, the textile industry has accumulated obvious competitive advantages over the years; three, the low base effect caused by the sharp decline in exports last year; four, the bargaining power of enterprises has improved, and the unit price of exports has all risen.


Despite the good start of the export situation, the polarization of domestic textile and garment enterprises will intensify in 2011.


The results of the first textile network released earlier showed that many of them were larger.

Export enterprises

It is reflected that the order was good in early 2011 and ready for expansion.

At the same time, due to the acceleration of the general cost and the acceleration of RMB appreciation, SMEs are generally hard to sustain, and some of them have been cut down or stopped production. Their living conditions may even be more embarrassed than the outbreak of the international financial crisis.


It is understood that at present, the number of small and medium-sized enterprises in China's textile industry is the main body. Over 95% of the enterprises are producing low-end OEM products. Under the background of industrial restructuring, the polarization of export enterprises is intensifying. The industry will probably play a big shuffle of "strong Heng Qiang and weak ones", and the resources of production will accelerate to large enterprises.


For the export situation in 2011, the industry is expected to benefit from

Export

Structural improvement, coupled with the overall rise of export unit price and the recovery of export volume under the global economic recovery, the growth of textile and garment exports will continue this year.

But Wang said that in the short term, quantity growth still dominates the growth of textile and clothing exports.

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