The first three quarters China's textile and garment exports increased by 49% year on year

 The first three quarters China's textile and garment exports increased by 49% year on year

withstand the international financial crisis, China's textile and apparel industry withstand major shocks, which results in a sharp decline in exports in 2009. General Administration of Customs recently published data indicated that from January to September this year, China's textile and garment exports (including textile yarn, fabrics and products, apparel and clothing accessories) 181.4 billion U.S. dollars, up 49%. Among them, the export of apparel and clothing accessories 13.2 billion, up 19%; exports of textile yarn, fabrics and products 68.1 billion U.S. dollars, up 30.7%.

U.S. and European markets steady overall growth rate of the rapid growth of

2010  Jan-Sept China's textile and clothing (including textile yarn, fabrics and products, and apparel and clothing accessories) exports 
As shown, China's textile and garment exports in March to stabilize upward trend began, and the chain fell slightly in August. August exports of $ 15,690,000,000 month, a decline of 4.1%. However, a slight rebound occurred in September, the month the export of 200 billion U.S. dollars, up 25% of the chain,UGGs, an increase of nearly 20%.

of clothing mainly the European Union, the United States and Japan as the main export market, the United States and exports to Japan increased slightly. 1 to 6 months of this year, China's textile exports to the EU reached $ 5,346,000,000, an increase of 30.92%; exports of garments reached $ 14,043,000,000, an increase of 14.42%. June month total textile and apparel exports to the EU 4.573 billion U.S. dollars, growth of 31.82%, increased significantly. $ 956,000,Bailey UGG boots,000 of which textile exports, an increase of 10.05%, a decline of 4.88%, apparel exports $ 3,617,000,000, an increase of 24.64%, growth of 46.81%. Latest Eurostat data show that in July 2010, by the strong recovery in the German economy and consumer fears of unemployment significantly alleviate the impact of EU-27 countries and 16 countries in the euro area, points and 101.3 points respectively, compared with June 2010 increased by 1.9 points and 2.3 points. Expected in the coming months, the EU process of economic recovery in the industrial sector will continue. China's textile and garment exports to the region continued to show a recovery trend. June retail sales in the U.S. clothing rose 5.91%, reversed the March, April, May fell for three consecutive months the situation; May the amount of clothing commodity stocks fell 5.40%,bailey UGG boots, a decline narrowed for 4 months , replenishment will is growing.

In this situation, the first half of the textile and apparel exports to the U.S. market was recovering. 1 to 6 months of 2010 China's textile exports to the U.S. to $ 4,795,000,000, an increase of 34.77%; garment exports amounted to $ 10,197,000,000, an increase of 25.73%. June month, the U.S. textile and apparel exports totaled $ 3,446,000,000, an increase of 29.56%, growth of 16.57%. 997 million of which textile exports, an increase of 9.76%, growth of 2.25%; apparel exports $ 2,449,000,000, an increase of 19.81%, growth of 23.62%. Fill short-term stock behavior is behind the lack of consumer purchasing power to support recovery, it is expected that the second half of textile and apparel exports to the U.S. growth rate will slow down.

a beautiful figure and the market situation reflects the textile and garment exports are showing a strong rebound situation. Order more, business is good, and should be a good thing for businesses, enterprises will be unhappy Why?

There are three reasons: raw material prices, labor costs and the expectation of RMB appreciation pressure.

professional analysis of the first quarter, export growth is mainly due to According to Cotton Incorporated's research report, from the beginning of this year, with the recovery in European and American markets, consumer confidence stabilizes, European and American markets increased demand for China's textile and clothing, especially in the U.S. textile and apparel retail market recovery faster, from January to March, the U.S. textile and apparel retail sales rose by 6%, high-end designer clothes sales growth is 22%. China, U.S. textile and apparel as the main importing countries, enterprises generally felt that a market recovery brings warmth.

difficult to catch up with the speed of customer orders, feeling very tired. In addition, in order to hire workers, pay higher wages to the workers at least 20%, while cotton yarn, metal parts and other raw materials prices are constantly, which have led to a substantial increase in production costs.

Ningbo Dafeng Fashion, general manager of the company's brand Coolpool Yang Yi spoke in an interview, the company was founded more than ten years, has remained stable during development, but the exchange rate and other factors lead to increased expansion blocked. In the first half of Japan's foreign trade in the export business was to increase the offer, increased by 20% compared to as much as usual.

significant drop in exports of processing trade

general trade exports accounted for more than 7 percent, the processing trade exports dropped significantly. As this August, China's general trade exports this year to 75.57 billion U.S. dollars of textile apparel, down 8.6% over the same period China's textile and garment exports accounted for 72.1% of the total; the same period, exports of 22.36 billion U.S. dollars of processing trade, down 19.3%, accounting for 21.3%.

recovery of China's textile and clothing exports by the following aspects of factors:

First, the RMB against the U.S. dollar, the recent appreciation of the renminbi, to the textile and garment exports caused some impact. According to the China Textile Import and Export Chamber of Commerce, the test results show that at present China's textile and apparel companies, the average net profit margin of 3% to 5%, and some companies even lower than 3%. Because China's textile and garment enterprises in medium and small enterprises, 95% of business is the production of low-end OEM products, and weak bargaining power of foreign manufacturers, the exchange rate losses can not be in consultation with customers, improve supply chain management methods such as digestion, the possibility of price increases and almost zero. If the RMB appreciation is too large, China's textile and garment exports will be a serious blow.

Second, the increase in trade barriers between countries export more difficult. According to the China Textile Import and Export Chamber of Commerce reflects the EU industry is preparing an application to the European Commission on imports from China of combed wool, linen and outdoor clothing applications filed anti-dumping investigations. European Apparel and Textile Organization (EURATEX) brewing on China's textile industry is also the so-called According to professional media reports, in 2010, the United States will continue to develop consumer products around the child-related laws and regulations.

Third, fluctuations in the cost of garment production sales. From the beginning of the end of 2009 rising costs in this round of textile biggest one in recent years, China's cotton price index from September 2009 rose to 13,040 yuan per ton on March 1 this year, 15,200 yuan per ton. In addition, soaring labor costs directly affect the textile industry's price competitiveness, while domestic textile enterprises to cut costs on its own ability to have very limited space. As the market reduced the flow of cotton supply, higher procurement costs and weakness in lower yarn prices, so that pressure on both sides of the textile enterprises, and the price of textile products in foreign markets is difficult to a corresponding rise in textile industry was significantly squeezed margins.

Fourth, the cost advantage of the major competitors gradually. Because our land, the rising cost of labor and other comprehensive, Vietnam, India and other neighboring countries to be reflected cost advantage, part of the apparel orders began to shift around the emerging textile industrial zone. Data show that labor costs in Bangladesh the country is $ 0.22 / hour, Cambodia is $ 0.33 / hour, Vietnam is $ 0.38 / hour, India is a $ 0.51 / hour, while China is $ 1.08 / hour 1, China's textile and garment enterprises of the labor force reduced the cost advantage, part of the order into the neighboring countries in Europe and America.

9 Exports increased by 19.49%

is worth noting that, in a recent release by the General Administration of Customs data showed a single month in September, China's textile and garment exports 20.016 billion U.S. dollars in September, up growth of 19.49%, of which textile exports $ 6,815,000,000, an increase of 20.19%, apparel exports 13.201 billion U.S. dollars, an increase of 19.13%, respectively. Compared to the first few months growth has slowed for the following reasons:

the U.S. and Europe make up the efficiency of inventory should be gradually reduced in. The EU will be developed to reduce the budget deficit fiscal austerity schedule, the euro zone in August retail sales were down 0.4% in September manufacturing purchasing managers index hit a low of January; Although U.S. economic growth stabilizing, but the slow recovery of employment and credit markets on consumer demand in a way a certain inhibition.

export prices of exports. Although raw material prices continue to rise in September (September 328 domestic cotton price 22600 yuan / ton, an increase of 75.49%, growth of 25.99%; polyester staple fiber price 10600 yuan / ton, an increase of 21.33%, growth of 10.44% ), business recruitment difficulties due to wage increases, increased trade frictions and RMB appreciation of the impact of growing pressure, allows businesses forced to raise the prices of export products, but some of the weaker bargaining power of enterprises in selected under the pressure of rising costs of breach of contract give orders, thus weakening the export price increase due to the amount of increase in exports brought about effects.

2010 the textile and garment industry still faces a series of uncertain factors, export growth is still difficult to return to higher levels, but domestic demand will continue to play a driving role in the industry, industry structure adjustment and industrial upgrading will continue to effective, in the international market remained stable conditions, the textile industry will continue to achieve steady rise. 2010 is expected to total exports of textile and apparel industry-wide growth of about 4% year on year, industrial output value of enterprises above designated size increased by about 11%, gross profit increased by about 10%.

September this year, the central parity of RMB against the U.S. dollar to keep rising for eight movements, was below the 6.70 critical juncture, and in 2005 for 8 days to refresh a new high since the exchange rate reform, many agencies predicted that the future of RMB appreciation trend is expected to continue.

RMB appreciation China's textile and clothing direct result of the cost and price, also means that our products in the international market less low-cost competitive advantage,UGG boots, the export will be subject to a certain degree of inhibition. Part of the bargaining ability of the company through the transfer of part of the upward pressure on the price increases, without competitive enterprises will be the first to be affected.

Earlier, the authority estimated that the apparel industry and other deep-processed products of labor value because it contains more obvious advantages, its lower prices than similar products in more than 15%, so strong bargaining power. However, 60% of garment export dependence, the garment industry due to high export dependence, the maximum damage, for every 1% appreciation of Renminbi, the full extent of the damage the performance apparel industry margins to 6.18%. So the industry is generally expected the fourth quarter of this year, exports of textile and garment industry has slowed down the pace of recovery will be.