According to China Customs statistics, from January to August, China’s textile and apparel exports to the EU were US$35.7 billion, a year-on-year decrease of 11.06%, which was 6.4 percentage points lower than the national textile and apparel export decline. Among them, textile exports were US$8 billion, a year-on-year decrease of 8.06%; clothing exports were US$27.7 billion, a year-on-year decrease of 11.89%. The main features of exports are as follows:
1. The export volume and price of cotton yarn dropped sharply
From January to August, China exported 279 million kilograms of yarn to the EU, a year-on-year decrease of 18.55%, and the export value was US$745 million, a year-on-year decrease of 23.69%. Among them, the export volume of cotton yarn was 8.12 million kilograms, a decrease of 24%, the export value was US$49.66 million, a decrease of 33.87%, and the average unit price dropped by 13.08%; the export volume of chemical fiber yarn was 200 million kilograms, a decrease of 7.28%, and the export value was US$496 million, a decrease of 13.08%. 20%, the average unit price dropped by 13.83%; the export volume of wool yarn dropped by 4.34%, and the average unit price dropped by 23.72%.
2. The volume of silk woven fabrics has dropped significantly and the price has increased significantly.
From January to August, China exported 1.787 billion meters of fabrics to the EU, a year-on-year decrease of 6.97%, and the export value was US$2.58 billion, a year-on-year decrease of 9.97%. Among them, the export volume of cotton cloth was 213 million meters, a year-on-year decrease of 20.62%, and the export value was US$300 million, a year-on-year decrease of 23%; the export of chemical fiber cloth was 1.03 billion meters, a year-on-year decrease of 2.11%, and the export value was US$1.25 billion, a year-on-year decrease of 5.48%; silk machine Fabric exports were 15.9 million meters, a year-on-year decrease of 33.18%, and the export value was US$108 million, a year-on-year decrease of 26.22%. The average unit price increased by 10.41% year-on-year; other fabric exports were 520 million meters, a year-on-year decrease of 8.43%, and the export value was US$896 million, a year-on-year decrease of 8.17%. %.
3. Finished products of major categories of commodities experienced the smallest decline
From January to August, China’s exports of manufactured products to the EU were US$4.7 billion, a year-on-year decrease of 3.82%, which was the smallest decline among major categories of commodities. Among them, the export of non-woven fabrics was 117 million kilograms, a year-on-year decrease of 3.71%, and the export value was US$420 million, a year-on-year decrease of 3.04%; the export of home textiles was US$1.977 billion, a year-on-year decrease of 5.53%, and the average export unit price increased by 1% year-on-year; other manufactured products Exports were US$1.532 billion, down 0.29%.
4. The export of knitted clothing is declining faster than that of woven clothing.
From January to August, China’s clothing exports to the EU were US$27.7 billion, a year-on-year decrease of 11.89%. Among them, knitted garment exports were 2.88 billion pieces (sets), a year-on-year decrease of 15.31%. The export volume was US$10.9 billion, a year-on-year decrease of 14.03%. The average price was US$3.80/piece (set), a year-on-year increase of 1.52%. The export of woven garments was 1.97 billion pieces (sets), a year-on-year decrease of 4.79%. The export volume was US$13.25 billion, a year-on-year decrease of 10.96%. The average price was US$6.71/piece (set), a year-on-year decrease of 6.48%. The export volume of cotton knitted garments dropped by nearly 20%, which is the main reason for the rapid decline in knitted garment exports.
5. Only Guangdong, the main export province to the EU, maintained growth, while Fujian dropped by more than 20%.
In terms of provinces exporting to the EU, the top six provinces and cities exporting to the EU are Zhejiang, Guangdong, Jiangsu, Fujian, Shanghai and Shandong. Only Guangdong Province’s exports to the EU maintained a growth of 6.24%, while other provinces and cities’ exports to the EU declined. More than 10%, Fujian has the largest decline, falling by 21.33%.
-A brief overview of China’s textile and apparel exports to the EU
According to China Customs statistics, from January to August, China’s textile and apparel exports to the EU were US$35.7 billion, a year-on-year decrease of 11.06%, which was 6.4 percentage points lower …
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