Textile And Clothing Exports Continued To Maintain Positive Growth In 2018, And Exports Showed A Downward Trend At The End Of The Year.

1, textile and garment exports continued to grow positively throughout the year.

According to the statistics of the General Administration of customs, according to the statistics of the customs, the total total export of textiles and clothing was 276 billion 731 million US dollars from 1 to December 2018, with a year-on-year increase of 3.52% (an increase of 0.78% in Renminbi with the same year), and the annual export continued to maintain a positive growth.

Among them, the total export volume of textiles was 119 billion 98 million US dollars, an increase of 8.12% over the previous year (5.13% year-on-year in Renminbi), and the total export volume of clothing was 157 billion 633 million US dollars, up 0.29% over the previous year (2.26% in the year before RMB).

Exports showed a downward trend at the end of 2 and 2018.

In December 2018, the total export volume of textiles and clothing was 23 billion 117 million US dollars, down 3.65% from the same period last year (a slight increase of 0.98% over the year).

Among them, exports of textiles in the month amounted to 9 billion 882 million US dollars, down 2.63% from the same period last year (2.04% yuan in the same period last year), the first time since April 2018, and the export volume of clothing was 13 billion 235 million US dollars in the same month, a decrease of 4.39% over the same period last year (a slight increase of 0.2% in the year over the year), a further decline compared with the previous month.

Monthly growth of textile and clothing exports in 2018 (in US dollars)

Trends in 3 and 2019

In 2018, the global economic and trade environment is complex and changeable. The trade friction between China and the United States has not yet been determined. Although the textile and garment industry withstood pressure, it continued to maintain export growth in 2018. But throughout the whole year, the export growth of textile products in the first three quarters was relatively fast, and the growth rate decreased significantly since October. The growth rate of textile and clothing exports decreased in December, and the export pressure was still relatively large in early 2019.

In recent years, China's competition with Southeast Asian and South Asian countries for international clothing orders is becoming more and more intense. Under this influence, China's share in the three major import markets of the European Union, the United States and Japan has shown a downward trend.

In the 1-10 month of 2018, the change of China's textile and clothing products in the three largest market is compared with the previous years.

Influenced by Sino US trade friction, in the second half of 2018, I had a "rush to export" phenomenon to the United States, showing a small upsurge in exports to the United States. However, with the formal implementation of the United States Tariff, the export to the US is likely to fall markedly from the end of the year.

At present, the kinetic energy of world economic growth has been weakened, uncertainties and instability factors have increased, and downside risks have increased. In 2019, global GDP growth rate has dropped further.

The global trade situation faced by Chinese textile and garment enterprises in the new year will be more complex and severe. The Secretariat of the alliance will cooperate with all sectors of the industry to overcome difficulties and push ahead.