Changed The Situation A Few Months The Chain Growth Of Textile And Garment Expor
According to Customs figures released yesterday, 1 October 2009, China’s total textile and apparel exports 136.29 billion U.S. dollars, down 11.32% last year, down 0.15 percentage point last month to expand. 1 September this year, textile and garment exports 121.64 billion U.S. dollars, down 11.17% over the previous year.
According to data projections, in October, China’s textile and apparel exports were 14.65 billion U.S. dollars, 2.1 billion less than last month, the chain fell 12.54%, failure to maintain the chain growth situation for several months, and last year the decline in exports 2.094 billion U.S. dollars compared to the growth rate is -12.51% year on year decline to widen again.
Textile and garment enterprises in general reflect the present, China’s textile export many unfavorable factors, sluggish external demand, trade protectionism, high costs and other factors will hinder the recovery of textile and clothing exports. 4 this month, the Ministry of Commerce and the China Textile Import and Export Chamber of Commerce convened a seminar on textile enterprises, most enterprises that have not come out of winter.
China and the United States Line Co., Ltd. Deputy General Manager Zhou Xiaonan CBN interview yesterday, said that after the peak Christmas exports, business orders remains to be seen whether the continuing stabilization, the current export situation is not optimistic about the last couple of months, prices of raw materials , water, electricity and so the rise in overall costs rose about 3% to 4%, businesses raise prices 3%, but significantly affect the turnover of export orders.
The first president of the textile web, the textile industry forward Wang, senior analyst believes that the industry is still in stagnation, the overall situation, not a substantive recovery, do not pick up a solid foundation, a number of complicated, but the most important reason is no significant international environment improved external demand instability good times and bad, November, December exports can not be a significant improvement, the year 2009, textile and garment exports are expected to total approximately 166.5 billion U.S. dollars in about 10% of negative growth.
China Textile Import and Export Chamber of Commerce data showed the U.S. unemployment rate rose in September to 26 year high of 9.8%, consumer confidence in economic prospects for further decline in October consumer confidence index fell to 47.7 from September to 53.4, a drop of eight months, most major U.S. clothing retailers showed sales of significant decline.
In addition, the elimination of quotas, Europe and the United States has issued more than ten new and updated regulations, laws and regulations such as REACH, on the banned azo dyes, eco-labeling standards on textiles, and the annual requirements will improve the standard of Oeko-Tex100 certification. At the same time, some Asian countries have frequently put forward the corresponding regulations and policies. The introduction of these technical barriers to trade, so that our textile and apparel face tremendous cost pressure and risk.
Multiple factors troubled textile and garment export growth of weak orders. In just the end of this month 4, the 106th Canton Fair, the mechanical and electrical goods turnover of the strong rebound in growth over the previous 20.7%, 16.6% growth in turnover of light industry products, but textiles and apparel traded 3.42 billion U.S. dollars, increased by only 5.9% .
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