Textile And Garment Exports Continued To Decline In June

Cotton yarn imports increased significantly in June.

Imports of India, Pakistan and Vietnam yarn are the top.

In June, 193 thousand and 600 tons of imported cotton yarn, an increase of 37.64% over the same period, showed a continuous surge.

Imported from India, 48 thousand tons, increased by 46.98%, 47 thousand and 400 tons from Vietnam, an increase of 56.93%, and 40 thousand and 700 tons from Pakistan, up 20.98%.

According to statistics from Vietnam and Pakistan related departments, Vietnam exported 83 thousand tons of cotton yarn in June, an increase of 14.32%, and Pakistan exported 50 thousand and 300 tons, an increase of 11.7%.

However, according to port traders, the quality of imported yarn has generally slowed down recently, and the quality problem is more prominent, which requires importers and textile companies to pay attention.

According to customs statistics, China's textile and apparel exports in June amounted to 25 billion 350 million US dollars, down 1.16% compared to the same period last year, and the decline was narrowed.

Among them, clothing decreased by 3.1%, and textile increased by 2.25%.

In June, imports and exports of textiles and clothing increased by 2 billion 210 million, up 0.78% from the same period last year, except for the first time in February, with 5.87% growth in clothing and 0.71% in textiles.

From the export market, June is right.

Continued decline, exports of 5 billion 583 million U.S. dollars, down 8.3%; exports to Japan declined, exports 1 billion 396 million U. S. dollars, a 13.67% decline; exports to ASEAN declined, exports 2 billion 872 million US dollars, a slight increase of 4.11%; exports to Hongkong 1 billion 139 million U. S. dollars, a decrease of 27.51%; exports to the United States increased, exports 4 billion 709 million U. S. dollars, an increase of 16.58%.

From the perspective of export products, there are three main characteristics.

Exports and textile exports continued to decline.

Oil prices continued to fall; the State Cotton store was light; the economic surface did not improve significantly, textile and garment exports continued to decline, the amplitude narrowed; imports rebounded slightly, cotton yarn imports increased significantly; cotton imports continued to decline, cotton was favored; the three raw materials continued to be stable, sticky, and weak.

In June, the export volume of yarn decreased by 2.44% compared with the same period last year, while clothing decreased by 5.54%, and the fabric grew by 7.67% compared with the same period last year. It has been growing for 2 consecutive months.

Two, the export volume of textile products increased slightly, and prices continued to fall slightly.

It is estimated that in June

Exports grew by 2.25% over the same period, the number increased by 2.57%, and the price dropped by 0.32%.

Three, the export of cotton products decreased, and the exports of chemical fiber products continued to increase slightly.

For example, in June, the export of cotton yarn decreased by 15.16% compared with that of the previous year, and cotton cloth decreased by 0.13% and cotton clothing decreased by 11.99%.

And chemical fiber fabrics grew by 7.14% compared to the same period, chemical fiber clothing increased by 0.05%, and chemical fiber yarn decreased by 2.05%.