Textile And Clothing: Export Decline Does Not Change, Import Decline Narrowed

Despite the low demand of key markets, the high effective exchange rate of RMB, and the accelerated pfer of industries, even though the base last year was relatively low, in November 2015, China's textile and clothing exports still failed to resume growth, and continued to decline, with a year-on-year drop of 9.8%, close to 10%.

Among them, the decline rate of textile was faster than that of the early stage, and the clothing declined slightly.

In November 2015, the export of textile and clothing main trade was still declining rapidly. General trade, processing trade and border trade decreased by 9%, 20.2% and 19.6% respectively, while other trade modes increased by 48.6%.

In the month of 2015 1~11, exports of general trade decreased by 4.5%, less than the average decline, processing trade dropped by 15.6%, border trade decreased by 23.5%, and other trade modes, mainly in the form of market purchasing trade, increased by 32.4%.

In terms of imports, general trade imports increased by 3.1%, and processing trade dropped by 12.5%.

According to customs statistics, in November 2015, China

Trade volume was 23 billion 940 million US dollars, down 9.3% compared with the same period last year, of which exports were US $21 billion 970 million, down 9.8% compared to the same period last year, and imports 1 billion 970 million US dollars, down 3.8%.

20 billion dollars, down 10.3%.

In 2015 1~11, the total volume of textile and apparel trade was 280 billion 380 million US dollars, down 5.6%, of which exports were US $257 billion 10 million, down 5.8%, imports 23 billion 370 million US dollars, down 3.5%, and the cumulative trade surplus was 233 billion 640 million US dollars, down 6%.

November 2015, the national trade in goods

The total value of US $340 billion 380 million decreased by 7.6% compared with the same period last year.

Of which, exports of US $197 billion 240 million, a decrease of 6.8%, imports of US $143 billion 140 million, a decrease of 8.7%, and a monthly trade surplus of US $54 billion 100 million.

Last year 1~11 months, the total value of import and export of goods trade totaled 3 trillion and 565 billion 530 million US dollars, a decrease of 8.5%, of which exports were US $2 trillion and 52 billion 320 million, a decrease of 3%, and imports of US $1 trillion and 513 billion 210 million, a decrease of 15.1%, with a cumulative trade surplus of US $539 billion 110 million.

In November 2015, China's textile imports dropped by 11.1%, and clothing imports resumed growth, and the increase was 22.5%.

In textiles, imports of yarn, fabrics and finished products all declined, and cotton yarn imports dropped by 3%.

The import volume of knitted and woven garments rose by 20.2%, and the import average price increased by 1.4%, which promoted the rapid growth of garment import.