Export Of Textile And Clothing In Zhejiang In The First Quarter Of 2014

< p > < strong > 1. The main characteristics of Zhejiang textile and clothing export in the 1 quarter of this year are < /strong > < /p >.

< p > (1) the export value of March increased considerably.

In March, Zhejiang exported 24 billion 830 million yuan of textile and clothing, an increase of 19.9% over the same period, an increase of 51.7% over February and a big rise.

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< p > (two) general trade exports are nearly 9, and processing trade exports have increased by a small margin.

In the 1 quarter of 2014, Zhejiang's general trade export textile and apparel 73 billion 910 million yuan, down 0.2%, accounting for 88.7% of the total textile and garment exports in Zhejiang in the same period; processing trade exports 6 billion 600 million yuan, an increase of 3.7%, accounting for 7.9%.

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< p > March, Zhejiang's general trade export textile and apparel 21 billion 670 million yuan, an increase of 20.9%, accounting for 87.3% of the total textile and garment exports in Zhejiang in the same period; processing trade exports 2 billion 280 million yuan, an increase of 5.8%, accounting for 9.2%.

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< p > (three) the export volume of private enterprises exceeded 7 and increased slightly.

In the 1 quarter of 2014, Zhejiang's private enterprises exported 59 billion 690 million yuan of textile and clothing, an increase of 2%, accounting for 71.7% of the total textile and clothing exports of Zhejiang in the same period. Foreign invested enterprises exported 17 billion 150 million yuan, fell 7.4%, accounting for 20.6%, and the state-owned enterprises exported 6 billion 450 million yuan, which was basically flat, accounting for 7.7%.

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< p > March, Zhejiang's private enterprises exported 17 billion 660 million yuan of textile and clothing, an increase of 27.3%, accounting for 71.1% of the total value of Zhejiang's textile and garment exports in the same period; foreign invested enterprises exported 5 billion 390 million yuan, an increase of 2.1%, accounting for 21.7%; and state-owned enterprises exported 1 billion 780 million yuan, an increase of 15.2%, accounting for 7.2%.

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< p > (four) Europe and the United States are still the main export markets, and export growth to EU, ASEAN and other markets is growing (Table 2).

In the 1 quarter of 2014, Zhejiang exported 19 billion 820 million yuan to the EU's textile and apparel, an increase of 6%. It was still the largest export market; exports to the United States 12 billion 240 million yuan, a decrease of 3.2%; exports to Europe and the United States accounted for 38.5% of the total value of Zhejiang's textile and garment exports in the same period.

In the same period, Zhejiang exported 6 billion 990 million yuan of textile and clothing to ASEAN, an increase of 5.8%; exports to Latin America 9 billion 110 million yuan, down 0.1%, accounting for 10.9%; exports to Africa 7 billion 460 million yuan, fell 2.9, accounting for 9%; exports to Japan 4 billion 260 million yuan, dropped 12.1%, accounting for 5.1%.

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< p > March, Zhejiang's exports to EU < a href= "//www.sjfzxm.com/news/index_c.asp" > exports > /a > 4 billion 970 million yuan, increased by 31.9%; exports to the United States 3 billion 500 million yuan, an increase of 8.5%; exports to Europe and the United States accounted for 34.1% of the total value of Zhejiang's textile and garment exports in the same period.

In the same period, Zhejiang exported 2 billion 620 million yuan to ASEAN, 16.1% yuan, accounting for 10.5%, exports 2 billion 510 million yuan to Latin America, grew 33%, accounted for 10.1%, exports 2 billion 390 million yuan to Africa, increased 37.8%, accounted for 9.6%, exported 1 billion 510 million yuan to Japan, dropped 10.2%, accounted for 10.2%.

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< p > > strong > two and 1 quarter < a href= "//www.sjfzxm.com/news/index_c.asp > > Zhejiang < /a > the main reason for the slight decrease of textile and clothing export is < /strong > /p >

< p > in the first 2 months, the decline in textile and clothing exports in Zhejiang, especially in February, was the main reason for the slight decline in exports in the 1 quarter.

Affected by the Spring Festival holiday, enterprises rushed to concentrate their shipments in January, resulting in a sharp decline in exports in February this year, thus dragging the average growth rate by 11 percentage points in the 1 quarter.

In March, the recovery of textile and clothing in Zhejiang province was on the rise due to the resumption of normal operation of enterprises and the improvement of major market economic conditions in Europe and the United States.

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< p > < strong > three, and the main difficulties and suggestions related to the current < a href= "//www.sjfzxm.com/news/index_c.asp > textile and garment industry < /a > < /strong > /p >

< p > (1) the rising price of raw materials has led to the low growth era of textile and garment industry.

In recent years, PX projects all over the country have fallen into the "one, the public boycott one, forced to shut down one", and the landing of the PX project has become more difficult.

Correspondingly, China's PX capacity has been far from meeting the demand, PX's external dependence has been increasing, and import and import prices have also surged, which has threatened the downstream related industries.

In addition, due to rising dye costs and labor costs, coupled with environmental pressures, dye prices have risen all the way to increase the cost of textile and garment enterprises.

Since March 1st, the printing and dyeing processing fees of Zhejiang knitting and dyeing enterprises have generally been raised by 10%~12%, causing the fabric price to rise, which directly affects the development of garment enterprises and further compresses the profits of textile and garment enterprises.

According to the calculation of the Cotton Spinning Association and the clothing association, the output of Chinese yarn increased by 1% in 2013, and the output of cloth decreased by 2%. Clothing grew by only 1.25%, which was close to zero growth, the lowest growth rate over the years.

The profit of domestic textile and garment industry is becoming thinner and smaller, and its international competitiveness is becoming lower and lower. The textile and garment industry has entered a low growth era.

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< p > (two) the sharp fluctuation of RMB exchange rate affects the short-term growth of textile and clothing exports.

In the 1 quarter of this year, the spot exchange rate against the US dollar slipped from 6.2180 at the end of last year to 6.2180, down 1641 basis points, and the depreciation rate reached 2.64%.

In March 17th, the central bank decided that the floating rate of RMB to us dollar exchange rate in interbank spot foreign exchange market would be expanded from 1% to 2%. The difference between the spot price difference and the middle price of the bank expanded from 2% to 3%, and the fluctuation range of exchange rate further expanded.

The sharp fluctuations in the short-term RMB exchange rate will have a negative impact on the signing of enterprises. For example, the European and American markets are unwilling to sign a long list with Chinese enterprises, and only sign short lists. This is especially unfavorable for enterprise stability, long-term planning and development.

At the same time, the floating rate of RMB to us dollar paction price expanded from 1% to 2%, which means that the proportion of the exchange rate's impact on the profit of the textile and garment industry will rise from about 1% to 2% or 3%.

Many small profit textile and garment enterprises are likely to lose a considerable part of their profits because of the drastic changes in exchange rate, and ultimately they will not make money or even lose money.

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< p > (three) the risk of emerging markets is aggravating, and Russia and Europe and the United States escalate the economic offensive and defensive war, affecting the export of textile and clothing.

According to the latest report of the International Monetary Fund (IMF), changes in the external environment have made emerging market economies more risky and cut the economic growth of emerging and developing economies by 0.2 and 0.1 percentage points respectively.

In the first quarter of this year, the economic risks faced by emerging markets gradually increased, resulting in a huge outflow of global capital, especially equity funds. In the first quarter, investors withdrew from global emerging market equity funds to a record $41 billion.

In the emerging market, the economic offensive and defensive war between Russia and Europe and America is becoming more and more intense. The White House has suspended Russia's position in the group of eight (G8) members.

Capital has fled Russia. The Russian government expects that the total capital flight will reach $70 billion in the first quarter of this year, which exceeds the $63 billion in 2013.

Russia's benchmark stock index MICEX has fallen 13.7% this year and the ruble dollar exchange rate has dropped by nearly 10%.

The turbulence of emerging market economy and finance will affect the sustained growth of Zhejiang's textile and clothing exports.

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