The Decline Of China'S Textile And Garment Exports Is A Foregone Conclusion.

Compared to textile exports, this year's clothing export situation is almost bleak. In addition to the two quarter's export data basically flat, the rest of the time is negative growth.

In this regard, He Xiaosi explained that compared to the textile industry in recent years since the pformation of more technology intensive, capital intensive features, the clothing industry's labor intensive characteristics have not changed much.

The cost composition of the related products can be seen that the raw material cost of textile (gauze) products accounts for 65%~70% of the total cost. The raw material cost of clothing products accounts for five to 60% of the total cost, and the added value is relatively low. The competition of the related products is mainly reflected in the cost.

Therefore, compared to a series of advantages such as raw materials, labor and policy in Southeast Asia, the comparative advantage of Chinese clothing exports is becoming weaker.

The impact of the G20 summit in Hangzhou is phased, and its restrictions on China's textile and clothing exports will be eliminated with the resumption of factory production.

"The fourth quarter, the decline of China's textile and clothing exports will be narrowed."

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At the same time, it is reminded that the world Internet Conference, which will be held in November, also arranged for the restricted production in the surrounding areas. The conference will be held in Wuzhen this year, and the possibility of limiting the production will be limited. This will also have a negative impact on the export of textile and clothing.

The "Kim Gu" market brought about by usual Christmas orders did not appear. In September, China's textile and garment exports were narrowed unexpectedly in the early stage of narrowing.

According to the customs data, the export of textile and clothing in China was 22 billion 765 million US dollars in September, which was down 15.4% from the same year, and the decline was 12.3 percentage points compared to August (3.1%), which was nearly 10 percentage points over last year's September (5.7% year-on-year export decline).

1~9 months, textile and apparel exports totaled 198 billion 654 million US dollars, down 6.02% from the same period last year, a 1.4 percentage point increase over the first 8 months, an increase of nearly 3.6 percentage points over the first half of the year.

The traditional peak season is not prosperous, and the chill of the export market has made He Xiaosi, the information manager of the textile and apparel information company of Huarui, feel that the industry has arrived ahead of schedule in winter.

According to the monthly data breakdown, the year-on-year growth rate of textile and clothing exports has achieved a high positive growth in March this year. Since then, the downward trend has basically continued, and only textile exports have achieved positive growth again in August.

Meanwhile, clothing exports continued to decline since May of this year, although the decline in September has increased, but the decline has not changed much.

In September, textile exports amounted to 7 billion 720 million US dollars, down 20.5% compared to the same period last year, representing a 25 percentage point increase over August (10 billion 246 million US dollars, up 5.2% from the previous year), and clothing exports 15 billion 45 million US dollars, down 12.6% compared to the same period last year, widening by 5 percentage points over August (17 billion 686 million US dollars, down 7.3%).

It can be seen that the growth rate of textile and garment exports increased from the deceleration in August to the two digit decline in September, mainly due to the sharp decline in textile exports from the positive growth in August to September.

Why did the export of textiles in September turn into a limelight? Despite the fact that the subdivision data for specific products have not yet been released, He Xiaosi said in an interview with an international business daily reporter that this is mainly due to the textile industry in Zhejiang and other places before and after the G20 summit in Hangzhou.

Nearly half a month's limited production.

Textile exports are mainly yarn, fabric and finished products, of which fabric accounts for about 50%.

The landslide will inevitably affect the export trend of textiles directly.

In order to ensure the convening of the G20 summit in Hangzhou in early September, Hangzhou and its surrounding areas have been closed for nearly half a month (6 months of August 24th ~9).

The printing and dyeing capacity in Zhejiang accounts for about 65% of the country's total production capacity, and the processing of grey fabrics is mostly after bleaching, dyeing, printing and other post-processing processes.

When the printing and dyeing mill stopped production, the clothing and clothing market in Zhejiang also fell into a state of shutting down.

Accordingly, he decided that the main factor that led to the shift of textile exports from positive growth in September should be the stagnation of fabric production resulting from the large stagnation of printing and dyeing production, thus affecting the export of fabrics.

Of course, the weakening of external demand, the pfer of industries and the continuous influence of order dispersion have also restricted the export of textile and clothing to varying degrees.

This year, with the continued weakening of foreign trade demand, black swan events frequently occurred in Philippines, Turkey and other places.

At the same time, China's textile and garment industries are in the throes of pformation. In the case of rising costs, compared with Vietnam, Kampuchea and other Southeast Asian countries, the comparative advantage of China's textile and clothing production is weakening and trade orders are dispersed.

Under this situation, many enterprises in China have pferred part of their capacity to Southeast Asia, which has also led to the diversion of relevant trade orders.