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The Characteristics And Prospects Of China'S Garment Export In The First April

2020/6/10 12:59:00 76



In 1-5 months, the total export volume of textile and clothing decreased by 1.2%.

According to customs statistics, in the 1-5 months of this year, the total export volume of textile and apparel was 96 billion 160 million US dollars, down 1.2% from the same period last year (the total export volume of China's goods trade decreased by 7.7%). The decline was narrowed by 8.8 percentage points compared with the previous four months. Among them, Driven by the strong export of masks, the total export volume of textiles was 57 billion 950 million US dollars, an increase of 21.3% over the same period last year. The total export volume of clothing was 38 billion 210 million US dollars, down 22.8% from the same period last year.


Main features and causes of garment export in 1-4

       Major reasons for the sharp decline in clothing exports everything In February, the serious epidemic situation in China, the closure of factories, resumption of production and supply chain recovery took some time, and the hand orders could not be produced or transported, resulting in forced transfer. Two is Countries have adopted the social isolation policy since 3 and April, and a large number of non essential retailers have closed down. Three is The number of unemployed countries has increased sharply, and income has declined sharply, and demand for non essentials such as fashion has declined. Four is Lifestyle changes occurred during the outbreak of home office and social isolation, and the demand for most fashion products declined.

The monthly exports fell to a low level in April.

       Monthly export of garments in China 1-2 months A drop of 20%. March and April They decreased by 24.8% and 30.3% respectively. May That's a 24.5% drop in the month, slowing down compared with the previous two months. April Become the low export point of my clothing.

The impact on US clothing exports is far greater than that of the European Union.

        U.S.A It is the country with the highest number of confirmed cases and the most deaths in the world, and the economy has been hit harder. In April 19th, U.S.A The Ministry of Finance jointly issued a provisional regulation with the customs and Border Protection Agency to allow importers of "serious financial difficulties" during the new crown. Deferred 90 days to pay some kinds of customs duties and taxes. However, the punitive tariffs imposed under the "301" clause can not enjoy this provision.

Affected by the epidemic and Sino US economic and trade frictions, 1-4 months, our clothing pairs U.S.A Exports fell by 35.2% over the same period last year, which has become one of the most serious markets for export decline. Yes European Union Exports fell 16.8%, better than the US. In addition, the more serious export market also includes Russia , Hongkong, China and Latin America They decreased by 36.8%, 40.2% and 29.6% respectively.

The Asian market is relatively less affected by the epidemic.

        Japan and The Republic of Korea It is a country with better global epidemic control. 1-4 months, our clothing pairs Japan , The Republic of Korea and ASEAN Exports fell by 9.1%, 6.4% and 10.9% respectively, and the impact was significantly better than other markets. Besides, I am right. Middle East and Africa Exports fell by 18.5% and 17.8% respectively. Yes Countries along the belt and road Exports dropped by 20.5%. Among them Central and Eastern Europe The decline in exports was relatively small, down 3.4%.

The impact of cotton clothing is higher than that of chemical fiber clothing.

       1-4 months, China Woven Garment and Knitted garment Exports fell by 22.5% and 23.6% respectively. Fur leather clothing Exports dropped by 30%. Costume Accessories Accessories and Caps They decreased by 22.8% and 21.1% respectively. Plastic and vulcanized rubber garments Export contrarian increased by 8.2%. The increase is due to the increase in demand for medical protective clothing by foreign epidemic prevention and control. From the perspective of clothing materials, Cotton garments A drop of 28.9%. Chemical fiber clothing A drop of 15.5%. Woolen garment A drop of 34.8%. Silk garments Down 26.7%.

The export of protective clothing is increasing rapidly.

       According to the Information Office of the State Council, from March to May, China Two hundred In some countries and regions, epidemic prevention materials were exported. Mask 70 billion 600 million Only protective clothing. 340 million Sets of Export scale showed a significant growth trend. The export of masks and protective clothing has become an important support for the export of textile and garment industry this year. According to customs statistics, export volume of protective clothing (including other non-woven clothing) in 1-4 months 540 million Export amount 1 billion 10 million The US dollar increased by 306.1% over the same period last year.

Exports of major provinces and municipalities have dropped sharply.

        In 1-4, exports of major clothing provinces and cities all declined sharply. The top five export cities and provinces Zhejiang, Guangdong, Jiangsu, Shandong, Fujian The decrease was 21%, 29.7%, 20.9%, 15.9% and 19.3% respectively. Guangdong The decline is most serious. Shandong and Fujian The decline is better than the national average. Main epidemic areas Hubei Export clothing decreased by 44.3%.


  Garment imports in 1-4

      In 1-4 months, China's clothing imports were US $2 billion 610 million, down 3.9% from the same period last year. among Knitted garment Imports dropped by 19.4%. Woven Garment Imports grew by 4%. Fur leather clothing Imports dropped by 24.9%. Accessories Imports dropped by 23.7%. Caps Imports grew by 23%. since Vietnam, Italy Imports of the two main importing countries decreased by 12.6% and 24.1% respectively. since Japan, Korea, Kampuchea, Malaysia Import clothing in Asian countries is growing against the trend.


Prospect of garment export

       Judging from the international market situation, The sharp drop in demand for the whole year is a foregone conclusion. In March and April, apparel retail sales in the United States plummeted 50.5% and 78.8% respectively, while apparel retail sales in the United Kingdom decreased by 34.9% and 50.2% respectively, while the retail sales in the euro area decreased by 38.9% in March. Sales of major global garment retailers also declined significantly. H&M sales fell 57% year-on-year from March 1st to May 6th, while sales of UNIQLO in April and May decreased by 57.7% and 19.7% respectively. Since May, epidemic control measures in major markets such as Europe, America and Japan have been gradually relaxed, and retailers in many countries are starting to restart. If the epidemic does not deteriorate further, the market demand may have bottomed out, but the momentum is slow. According to McKinsey, the global fashion market is expected to decline by 27-30% this year. Boston consulting also predicts that the global fashion and luxury goods market will decline by 25-35% this year.

From the perspective of competitive countries, China lost a lot of market share in the United States, and its share in Japan and the EU continued to decline. In 1-4 months, the market share of Chinese clothing imports in the United States was 20.3%, down 8.1 percentage points from the same period last year, while the share of Vietnam, Bangladesh, Indonesia and India increased by 3.1, 1.7, 0.7 and 0.4 percentage points respectively. The market share of Chinese clothing imports in Japan was 53.2%, down 3 percentage points from the same period last year, while the share of Vietnam, Bangladesh, Kampuchea and Burma increased by 2.2, 0.3, 0.4 and 0.9 percentage points respectively. In 1-3 months, the market share of Chinese clothing in the EU's import market was 26.3%, 1.7 percentage points lower than that of the same period last year, while the share of Bangladesh and Turkey increased by 0.8 and 0.4 percentage points respectively.

From the trend of international sourcing, On the one hand, China's epidemic exacerbated the transfer of orders to other low-cost countries in the first quarter, but on the other hand, the transfer of orders to other low-cost countries, but on the other hand, the transfer of orders to other low-cost countries, but on the other hand, China's strong industrial chain and toughness of supply chain highlighted the advantages and attracted the return of orders in the two quarter when the global epidemic spread. According to the McKinsey survey, no buyer plans to increase purchases from China in the next five years before the outbreak. After the outbreak, 13% of the purchasing managers are expected to increase China's share, that is, the new crown epidemic situation has slightly reduced the trend of moving out of China. The first reason is that China has successfully reduced the risk of purchasing from China in response to the success of the epidemic. Two, China's strong value chain integration capability plays a key role as raw material suppliers.

Looking forward to export prospects. First, The growth of the global economy and the increase of unemployment rate will be fundamentally affected. Curb global demand for consumer goods In particular, clothing, the "optional consumer goods", is the most affected. Secondly, Vietnam and other competing countries resumed their work in the two quarter. Re take part in competition for export orders ; Third, Countries such as the United States "De Sinicization" and "return of manufacturing industry" The strategy will inevitably have a profound impact on our exports in the medium and long term. Fourth, Although the export of anti epidemic materials is hot, the protective clothing is significantly smaller than the respirator because of the market demand. Pulling effect is not big. International demand is expected to drop to trough in 4-5. In the second half of this year, with the control of epidemic situation, the export slowdown will probably slow down, but the scope is limited, and the prospect is not optimistic.

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