Multiple difficulties are superimposed, and the export scale of textile and clothing has reached a new high in the same period
According to the statistics of the General Administration of Customs, from January to April 2022, the national textile and apparel export was 95.84 billion US dollars, a year-on-year increase of 8.6% (a year-on-year increase of 6.4% in RMB), a decrease of 2.6 percentage points from the export growth rate in the first quarter. Among them, the export of textiles was 48.82 billion US dollars, an increase of 11.1% year-on-year (an 8.9% year-on-year increase in RMB); the clothing export was 47.02 billion US dollars, a year-on-year increase of 6.2% (a 4.0% year-on-year increase in RMB).
In April, my country's textile and apparel exports reached US$23.59 billion, a month-on-month increase of 7.0% and a year-on-year increase of 1.6% (down 0.2% year-on-year in RMB), showing strong resilience. Among them, the export of textiles was 12.26 billion US dollars, an increase of 0.9% year-on-year (a decrease of 0.9% year-on-year in RMB). Clothing exports were US$11.33 billion, up 2.4% year-on-year (in RMB terms, up 0.5% year-on-year), but the growth rate dropped 8.5 percentage points from the previous month.
China Textile International Capacity Cooperation Enterprise Alliance analysis believes that under the situation that my country's foreign trade development is facing an increasingly complex and severe external environment, my country's export trade volume of goods from January to April increased by 12.5% year-on-year (in US dollars), reflecting China's strong economic resilience, It has the characteristics of sufficient potential and wide room for maneuver. However, since the second quarter, the textile and garment industry has been affected by the epidemic in many places, and foreign trade has been under greater downward pressure. Only from the export performance in April, the growth rate of my country's textile and apparel exports (1.6% in US dollars) fell by 15.2 percentage points compared with March.
The Industry Department of the China National Textile and Apparel Council believes that the constraints on global industrial production, international trade and market liquidity are more prominent, which will continue to restrict the recovery of market consumption capacity and the improvement of residents' consumer confidence. With the gradual recovery of the overseas textile supply chain, the adjustment of the international procurement pattern will also be accelerated. my country's textile industry will face a situation of intensified competition, and the export pressure will increase significantly.