China'S Textile And Garment Export Trade In 2018

In 2018, the international trade situation was complicated, and the overseas market was changing. For China's textile and garment export enterprises, it was able to make a steady growth report card.

Faced with many uncertain factors, especially in the context of Sino US trade disputes, the overall situation of China's textile and apparel foreign trade has stabilized steadily.

According to customs statistics, from January 2018 to December, the total export volume of textiles and clothing totaled US $276 billion 731 million, an increase of 3.52% over the same period last year, and exports continued to maintain positive growth throughout the year.

Among them, the total export volume of textiles was 119 billion 98 million US dollars, an increase of 8.12% over the same period last year, and the total export volume of garments was 157 billion 633 million US dollars, up 0.29% over the same period last year.

Withstand downward pressure exports to achieve steady growth

China Textile Import and Export Chamber of Commerce Wang Weidong summarized the overall situation of China's textile and apparel foreign trade in 2018, concluding that in 2018, China's textile exports showed 4 characteristics.

"First, the structure of product export has changed, and the terminal products are declining, and the upstream products have advantages."

Wang Weidong said that in 2018, China's textile exports amounted to $119 billion 100 million, an increase of 8.1% over the previous year, and clothing exports of $157 billion 630 million, up 0.3% from the same period last year.

The export growth of upstream products and the slowdown in exports of terminal products are all the result of the shift of China's garment manufacturing industry, and the low cost garment producing countries around the world are the result of increasing demand for Chinese yarn and fabric due to incomplete industrial chains.

In 2018, China's exports of yarn and fabric to Vietnam and Bangladesh surged by 19.3% and 21.5% respectively.

In the future, Vietnam will maintain a $9 billion fabric consumption gap for a long time.

"Two is the growth of exports to the traditional market and the" one belt and one way "market.

In 2018, China's textile and clothing exports to the EU, the United States and Japan's three traditional markets have maintained an increase of 1.5%, 8% and 2.7% respectively.

In addition, exports to the countries along the belt have been growing for 3 consecutive years, an increase of 5.3% in 2018, an increase of 11.7% in ASEAN exports and the fastest growth in major markets.

"Three, private enterprises have become the main force of export."

Wang Weidong said, "in 2018, the performance of private enterprises was very active, and exports grew by l5.1%, accounting for 68.3% of the total export volume, effectively stimulating the overall export growth of the whole year."

Four, the import of clothing imports increased rapidly due to consumption promotion and tariff reduction.

With the arrival of the globalization of consumption, the consumption potential of China's domestic market is constantly emerging.

In 2016, China surpassed the United States for the first time and became the world's largest apparel retail market.

The state has repeatedly lowered tariffs on imports. Since July 1, 2018, China has reduced import tariffs on textile and clothing by about 430 tax numbers. Import tariffs have dropped from 14%-16% to 6%, and tax cuts have been more than half.

In 2018, China's textile imports increased by 3%, clothing imports increased by 14.8%, and the overall import and export of textile and clothing maintained a relatively fast growth.

"Last year, our country hosted the first Import Expo in a timely manner, and I believe there will be a bigger increase in imports this year."

He is full of confidence.

Industry competition intensifies export share decline

In 2018, the export of China's textile and garment industry did show a positive side. However, China's share of the major international market share declined slightly.

From the perspective of Global trade, according to statistics from the world trade organization, global textile and apparel exports in 2017 amounted to 749 billion 440 million US dollars, and China exported US $268 billion 300 million, ranking the top in the international textile and clothing trade pattern, with a market share of more than 1/3.

"China's export of textile and clothing increased from $52 billion 700 million in 2001 to $268 billion 300 million in 2017, a increase of more than 4 times.

Since joining the multilateral trading system, China's share of global textile and garment exports has been rising, even at 38.5% of its peak in 2015.

Industry related people said.

Since the peak of 38.5% in 2015, with the rise of labor-intensive industries in Southeast Asian countries and the accelerated pace of "going out" of Chinese enterprises, the export volume of textile and clothing in China has dropped slightly. In the past two years, China's share of the international market has fallen into a downward channel, accounting for 36.7% in 2016 and 35.8% in 2017.

Among them, the share of textile trade dropped from 37.4% in 2015 to 37.1%, and the share of clothing dropped from 39.3% in 2015 to 34.9% in 2017.

From a single market, in the first 11 months of 2018, China's textile and apparel exports to the United States accounted for 36% of the total market share of the United States, representing a decrease of 0.4 percentage points compared to the same period in 2017, while Vietnam's share was 10.6%, an increase of 0.2 percentage points over the same period last year. Last year, China's share of the EU's import market was 33%, a 1 percentage point decrease compared to the same period last year, while Bangladesh's share was 14.3%, an increase of 0.6 percentage points over the same period last year.

The market share of developed countries with relatively small scale, such as Canada and Australia, is 35.5% and 60.2% respectively, basically maintaining a stable state.

Li Keqiang, premier of the State Council of Hainan, stressed that China will continue to expand its opening this year. Boao's foreign trade development is expected to stabilize and improve quality this year.

At present, Sino US peace talks are increasingly clear. Under such circumstances, where will China's textile and apparel foreign trade situation go in 2019?

Some experts predict that in 2019, China's textile and clothing export environment is still facing greater uncertainty. Considering that the US government imposed tariffs on China's $200 billion product in 2019, it still maintained 10%. It is expected that the export situation of China's textile and clothing is still not optimistic in 2019.

In response, relevant personages suggested that in the face of the downward pressure on exports, China's textile and garment export enterprises should strive to pform and upgrade, and strive to enhance the overall competitiveness of the industry through measures such as intelligent manufacturing, industrial chain integration and brand building.

For example, by speeding up the establishment of "machine substitutions" and "intelligent factories", we will comprehensively improve production efficiency, product quality and intelligent manufacturing level, and consolidate the competitive advantages of China's textile and garment export enterprises in the international market.