Guangdong's Exports Of Textiles And Clothing Increased By 21% Over The Same Period In 2009.
Guangzhou customs 19 released statistics show that in 2010 1 to August, Guangdong Exit Textile and apparel $more than 23 billion 700 million, an increase of 21% over the same period last year. Among them, the general Trade Export growth is much higher than that of processing trade.
Data show that from 1 to August, Guangdong exported by general trade mode. Textiles and garments 14 billion 550 million US dollars, an increase of 36%, accounting for 61% of the total value of Guangdong's textile and garment exports in the same period, and 7 billion 680 million US dollars in processing trade, an increase of 6.3%.
Customs officials said that the export growth of Guangdong's clothing and textiles benefits from the apparent recovery of the external demand market. In August 2010, the "economic confidence index" of the 27 European Union countries and the 16 euro zone countries rose to 102.7 points and 101.8 points respectively, up 0.7 percentage points and 0.6 percentage points higher than that in June. Meanwhile, the global economic recovery caused a large number of foreign suppliers to replenishment of stocks and export volume growth. Moreover, the rising price of raw materials was an important reason for the growth of export volume.
It is noteworthy that, at present, the growth of the export market has not been completely recovered from the financial crisis. The current recovery in exports to Europe and the United States is caused by the replenishment of stocks by European and American enterprises, which is a short-term behavior. There is still a lack of support for consumers' purchasing power. At the same time, the increase in the cost of raw materials and exchange will also have an impact on the export of textile and clothing.
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