Prospect Of China'S Textile And Clothing Export Trend

In January 13, 2015, the General Administration of Customs issued the 2014 import and export data bulletin.

Data show that in 2014, the total value of China's imports and exports was 26 trillion and 430 billion yuan, an increase of 2.3% over 2013.

Among them, exports were 14 trillion and 390 billion yuan, an increase of 4.9% over the same period, 12 trillion and 40 billion yuan in imports, a decrease of 0.6%, a trade surplus of 2 trillion and 350 billion yuan and an expansion of 45.9%.

In dollar terms, the total value of imports and exports in 2014 was US $4 trillion and 300 billion, an increase of 3.4% over 2013.

Among them, exports of US $2 trillion and 340 billion, an increase of 6.1% over the same period, and imports of US $1 trillion and 960 billion, an increase of 0.4%.

Customs import and export statistics show that in 2014

Exports of 1 trillion and 830 billion yuan, an increase of 4.06% over the same period.

Among them,

The export of fabrics and products was 690 billion yuan, up 3.8%, and exports of clothing and accessories were 1 trillion and 140 billion yuan, up 4.2%.

According to us dollar, 2014 China's textiles and garments

98 billion 427 million US dollars, an increase of 5.09% over the same period last year.

Among them, textile yarn, fabrics and products exported 112 billion 142 million US dollars, an increase of 4.9%; garments and accessories exported US $186 billion 285 million, an increase of 5.2%.

Zheng Yuesheng, director general of the General Administration of customs and general statistics department, pointed out that the growth rate of China's foreign trade and import and export in 2014 was only 2.3%, which failed to reach the expected target of 7.5% at the beginning of the year.

The reasons are relatively complicated.

China's economic development has entered a new normal in 2014. China's opening up and foreign trade also have some new characteristics.

At present, China's foreign trade is in the shift period of growth and structural pformation, and has entered the middle and high speed growth range from the high-speed growth stage.

In 2014, the pace of world economic recovery was slow, the demand for international market was sluggish, and the downward pressure on domestic economy was bigger.

Under such circumstances, China's foreign trade imports and exports are still 2.3% higher than that in 2013. If the exchange rate fluctuates, if the dollar growth is 3.4%, the growth rate will be somewhat different from that expected at the beginning of the year, but it is not easy to achieve such a result.

Liu Xin, deputy director of the Information Statistics Department of the China Federation of textile industry, pointed out that the competition of textile and clothing in the international market is more intense now. The share of textile and clothing in China's main export market has been gradually declining. The reason is that the comprehensive cost of our textile and garment industry is rising, its strength is weakening, and the international economy is in a slow recovery. Although it has not deteriorated, it has not improved, so that our export growth rate has not exceeded that of previous years.

Since 2014, the growth rate of textile and clothing exports in China has been hovering in the single digits every month. In the future, there will not be much improvement in the international and domestic macroeconomic environment. In 2015, China's textile and clothing exports will not be too optimistic.