Frbiz.com Reports China Textile Association Forecast Next Years Textile Export Status

October 27, China Textile Industry Association, Gao Yong, vice president of the monthly observations in the economic forum, presented in 2009 the textile industry since the export situation, even though the first 8 months of 2009 exports of the textile industry fell 1.78%, but in the main market share of trading partners are still on the rise, and for next year's exports of textile industry, high-Yong is expected to be flat with 2009.

Gao Yong said that, 09 years since the financial crisis and economic crisis, the textile exports fall. 1-8 months, the textile industry export value of 107.5 billion U.S. dollars, an increase of -1.78%. Nevertheless, Chinese textiles in the United States, the European Union and Japan, the three major trading partners, market share is rising.

Zhang introduction, although the United States imports of textiles fell by 14% of the total, but China's imports fell by only about 4%, never more than 4% of such negative drop, so the Chinese exports in the U.S. market was a negative growth, Instead, however, improved market share. In the beginning of this year, according to the magnitude of value calculation, the Chinese in the U.S. market share is 36%, is now 37.5%. If you press the number of viable, early this year, the market share is 40%, has now been increased to 42%. "The EU's market situation and the United States similar to the total apparel imports in Japan, the more than 87% of our Chinese clothing." He said.

Gao Yong said that at present the domestic textile industry has basically stabilized picked up, driven by domestic consumption driven. The domestic textile and apparel consumer price index is almost 1 to August, are maintained at about 15% growth rate. The total volume of exports to GDP ratio is also decreased gradually, 1 to August, exports of 107.5 billion U.S. dollars and the entire textile industry 3 compared with more than 1 trillion yuan, has less than 20%.

The outlook next step, or even the whole textile exports prospects for next year, Gao Yong pessimistic attitude. He expects next year, Chinese textile and apparel exports are likely to slightly better than in 2009, and perhaps even out. However, and the 2008 peak compared to still amounted to less than 189.6 billion U.S. dollars (in 2008 total textile exports) levels.

"We originally expected in the" Eleventh Five-Year "period, the textile and garment export to more than 200 billion U.S. dollars, did not expect the impact of economic crisis, this task could be completed ahead of schedule, and now may be the last one year may have been done." He said.