Guangdong textile and garment export growth last month to return to the track

Guangdong textile and garment export growth last month to return to the track

From the Huangpu Customs was informed that last month in Guangdong textile and garment exports to reverse the decline, export value reached 2.36 billion U.S. dollars, an increase of 6.3%.

It is understood that the first quarter of this year, the U.S. market demand for textile and garment warmer, resulting in the first quarter of the late decline in Guangdong textile and garment export growth began to narrow down the track and back. Customs statistics show that Hong Kong, the European Union and the United States is still the textile and garment export in Guangdong the main areas, the total export volume of more than 60%. First quarter of this year, Guangdong for Hong Kong textile and garment exports dropped 17.5%; exports to the EU fell 18.6 percent, but exports to the United States grew 8.9 percent, indicating a result of this adjustment, the first pick-up in the U.S. market.

At present, Guangdong garment exports are still dominated by general trade, but the first quarter from a bonded warehouse into the amount of exported goods increased 19.5 percent, an increase than those in other trade shows that the warehouse is still great potential for exports. Over the same period in the amount of processing trade exports decreased more distinctly. Foreign-invested enterprises in Guangdong is still the main clothing exports, but also the most obvious decline. First quarter of this year, foreign-invested enterprises in Guangdong Province textile and garment exports dropped 16.6 percent over the same period, exports of private enterprises grew by 2.4% against the market trend.

Customs analysts pointed out that while the China manufacturer of textile and garment exports trend warmer, but more attention should be given to overseas companies for a variety of China's textile and apparel trade barriers. Have suggested that the textile and garment enterprises in Guangdong to "walking on two legs", on the one hand to play at all levels of business sector and the role of trade associations, and actively respond to international trade friction; On the other hand to increase in Africa, Latin America and other emerging markets to open up and reasonable to avoid the risk of trade barriers.