Recently, China's textile and clothing exports have declined, and textile and clothing export enterprises are under pressure. The insiders said that the severe export situation will accelerate the survival of the fittest textile and garment export enterprises in China.

According to the statistics of the General Administration of Customs of China, in April this year, China's textile and clothing exports reached 19.88 billion US dollars, down 16.3% year on year; In the first four months, China's textile and clothing exports totaled US $79.64 billion, down 2.7% year on year, including a 0.5% decline in textile exports and a 4.2% decline in clothing exports.

Industry analysts pointed out that in the past 10 years, China's textile exports have basically been growing at a double-digit rate, and China's unilateral share in the international market has also been rising. According to the statistics of the WTO, China's share in the total volume of international textile and clothing trade has increased from more than 10% 10 years ago to a high of 37%. With the rise of exports from Vietnam, Cambodia and other ASEAN countries, China's share will grow at a low speed, with limited space for further substantial growth.

Economic downturn in export market

A person from the China Chamber of Commerce for Textile Importers and Exporters said that the United States, Japan and the European Union are the three main markets for China's textile and clothing exports, and are also the main driving forces to drive exports. However, as the EU and Japan continue to be affected by the economic downturn, the market is sluggish, and consumers lack the willingness to consume, so importers no longer have a positive and strong desire to purchase. The US market has recovered to a certain extent. In addition, the exchange rate of the US dollar against the RMB is basically stable, which makes the export of the US market relatively stable.

According to media reports, although China has continuously increased its efforts to explore emerging markets in recent years and achieved some results, the increase in exports to emerging markets represented by ASEAN, Brazil and Russia is not enough to make up for the vacuum caused by the decline of traditional markets. Due to the economic sanctions imposed on Russia, the market is not satisfactory. The export of ASEAN countries represented by Vietnam and Cambodia has increased rapidly, absorbing a large number of orders for high-volume goods that are subject to cost and price constraints and are lost from China. Therefore, in general, China's export market is undergoing structural changes.

Textile and clothing enterprises accelerate the survival of the fittest

The reporter learned that in the first three months of this year, China's textile and clothing exports maintained a small growth after experiencing great ups and downs. In the first three months, China's textile and clothing exports totaled US $59.78 billion, a year-on-year growth of 2.8%, down 14.2 percentage points from the first two months of this year. Some analysts believe that the export fluctuation in the first quarter was affected by festival factors. Although it is impossible to accurately judge the general trend, it has revealed that the industry's exports are facing greater pressure. The continued decline in April further confirmed this judgment. "The situation of the whole textile and clothing export market is more serious than the figures show. 

From the perspective of the entire international environment, except for the prosperous U.S. market, the situation in other regions is also grim. In addition to the price of raw materials, the impact of exchange rate factors is the main reason, especially the appreciation of RMB against the euro, which makes China's exports to Europe more difficult." Zheng Shaosan, Vice President of Guangdong Textile Industry and Trade Group Co., Ltd. and Guangdong Textile Import and Export Group Co., Ltd. said.

The relevant person in charge of the China Chamber of Commerce for Textile Imports and Exports pointed out that there are currently about 80000 textile and garment export enterprises in China, and the total number of export enterprises is large. The continuous fierce international competition will enable those large enterprises with strong risk resistance and comprehensive strength to win. At the 117th Canton Fair, Sumeida, Cathay Pacific and other large competitive enterprises still maintained a relatively stable growth in orders. As the market reshuffle continues, orders will continue to focus on good large competitive enterprises, and the market will continue to polarize.

In addition, some analysts pointed out that the rise and fall of export amount was related to the fluctuation of textile raw material price. The fall of raw material price represented by cotton was one of the factors that led to the decline of total export amount.