According
to customs statistics, January - May2012, China’s textile and apparel
exports valued at USD 93.523 billion. Compared with the same period in
2011 increased 2. 63%. Among them, The exports to European Union( the
EU) valued at USD 16.756 billion, accounted for 17.92 % of total exports
to the global in textile and apparel, down 11. 17% y/y. The EU is one
of the main markets for China’s textile and apparel exports. The
negative growth highlights the grim situation of the European Union
market .
Market share declined in the EU
The
EU, the United States, and Japan had been the three main markets of
China’s textile and apparel exports. Due to the influence of the whole
economy in the EU, the market share declined significantly. According to
Chinese customs data, January - May2012, The EU shared 17.92%of China’s
textile and apparel exports, decreased 2.78% compared with the
corresponding period in 2011. This is the first time for less than 20%
over the past 5 years in the corresponding period. Depressed demand in
the EU market have emerged.
Negative growth in the majority countries of the EU
According
to the EU statistics, January - April 2012, Only 10 states maintained
positive growth in textile and apparel imports from China . They were
Bulgaria, Poland, Latvia, Lithuania, Estonia, Czechoslovakia, Austria,
Cyprus, Romania and Sweden. The growth were 25.68%, 7.82%, 6.82%, 6.38%,
4.31%, 2.48%, 1.53%, 1.5%, 0.79% and 0.12% respectively . This 10
states accounted for only 7.41% of China’s total exports to the EU in
textile and apparel. The remaining states showed different ranges of
negative growth. Among them, Italy, Greece, and Spain experienced a
significant negative growth ,for -16.69%,-11.86% and-10.23%
respectively.
Negative growth in main products
According
to the EU statistics, January - April 2012, China’s textile and apparel
exports to the EU valued at 10.942 billion Euros. Of which, clothing
valued at 8.583 billion Euros, occupied 78.44% of the total, declined
7.6%y/y.Look into the product structure, January - April 2012, Yarns,
cotton fabrics, men ‘s/women’s knitted clothing and men ‘s/women’s
non-knitted clothing all showed negative growth. Of which, cotton
fabrics valued at 132 million Euros, decreased up to 39.83%y/y. Men’s
non-knitted clothing valued at 1462 million Euros, down 11.11% y/y;
Ladies non-knitted clothing valued at 2098 million Euros, down 10.36%.
Source:http://english.ctei.gov.cn/innews/domestic/201208/t20120803_1366399.html
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