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Trading Partners: Traditional Markets Are Recovering Steadily And ASEAN Is Growing Most Rapidly.

2014/3/27 17:22:00 42

Trading Partners Traditional Markets ASEAN Foreign Trade

with the gradual recovery of the European economy and the mild recovery of the US economy, China's exports to the two major markets have improved markedly, and the export volume has been rising steadily. ASEAN has surpassed Japan to become the third largest market in China, and the export performance of our ASEAN market is still strong and growing most rapidly. The Japanese market is still sluggish and has become the only traditional market that has fallen. Compared with the previous two years, in 2013, the pace of order spanfer in the US and EU markets slowed slightly, and the share of China's products in the European and American markets did not decline significantly, but the Japanese market situation was still not optimistic. 
 < a > href= > //m.pmae.cn/news/index_c.asp > EU market > /a > slow recovery > /strong > /p >
 with the continuous warming of foreign trade, the recovery of business confidence and the withdrawal of aid from debt relief countries, the European economy showed signs of improvement in 2013. GDP ended several quarters of contraction and continued to grow in the two or three quarter. In 2013, China exported $51 billion 660 million to EU textiles and clothing, achieving a relatively rapid growth of 9.3%, especially in the second half of the year, but the export volume has not yet returned to the level of 2011. Textiles and clothing were exported by US $11 billion 720 million and US $39 billion 940 million respectively, with an increase of 7.3% and 9.8% respectively. The yarn, fabric and finished goods in textiles have been increased. The total export of knitted and woven garments in clothing has increased by 7 billion 160 million (sets), up by 9.1%, and the average unit price of exports has increased by 1%. According to the EU customs statistics, as of November 2013, the EU's a href= "//m.pmae.cn/news/index_c.asp" > textile and apparel < /a > accounted for 38.6% of China's imports, down 1.4 percentage points from the same period last year, while ASEAN's market share in the EU has not increased significantly, only 0.2 percentage points. The position of Bangladesh and Turkey in the EU market is increasing, and their share in the EU market is 10.6% and 13.6% respectively, 1 percentage points and 0.4 percentage points higher than that of last year. 
 American market demand is warmer than /strong > /p >
 in the first three quarters of 2013, the US economy rose steadily, and the economic growth in the third quarter rose sharply to 4.1%, and the 10 quarter growth continued. < a href= "//m.pmae.cn/news/index_c.asp" > external demand < /a > showed a warming trend. In 2013, China's textile and clothing exports to the United States increased by 41 billion 620 million US dollars, an increase of 7%. In 2013, China's exports of textiles and clothing to the United States reached 10 billion 650 million US dollars and US $30 billion 970 million respectively, increasing by 7.7% and 6.7% respectively, and the growth rate of textiles exceeded that of garments, mainly driven by fabrics and finished products. The total exports of knitted and woven garments in clothing were 5 billion 970 million pieces (sets), an increase of 5.8%, and the export unit price increased by 1.6%. According to the US Customs statistics, in 2013, the share of textiles and clothing in the US market was 38.8%, which did not change much compared with the previous year, only a slight decrease of 0.2 percentage points. Over the same period, ASEAN's share in the US market was 18.9%, an increase of 0.4 percentage points over the same period last year. 
 exports to ASEAN are growing at a high speed .
Since the completion of the China ASEAN Free Trade Area (P), bilateral trade has achieved leaping development. According to statistics from the Chinese side, bilateral trade increased from less than US $300 billion to over 400 billion US dollars in the past 3 years in 2010~2012, with an average annual growth of 16.9%. The share of textiles and clothing in bilateral trade volume is less than 10%, but it develops rapidly. During the 4 years of 2010~2013, bilateral trade in textiles and clothing jumped from US $16 billion to nearly $37 billion 500 million, with an average annual growth of 33%. In recent years, a major feature of China ASEAN textile and garment trade is the active expression of clothing commodities, and the rapid growth of imports and exports. In 2012 and 2013, China's clothing exports increased by 91.1% and 30.5% respectively, and imports increased by 30.9% and 43% respectively, increasing by more than that of traditional trade yarn and fabrics. The total export volume of knitted and woven garments increased by 33%, and the export unit price was basically flat. ASEAN's total exports of yarn and fabric increased by 26.1%. 
 exports to Japan showed a decrease of .
 by 2013, Japan's textile and clothing exports were always in a doldrums due to Japan's economic slump, the spanfer of orders, the sharp appreciation of the RMB against Japanese yen and the further deterioration of Sino Japanese relations. At the same time, the order spanfer phenomenon is most obvious in the Japanese market. According to Japanese customs statistics, in 2013, the share of Chinese textiles and clothing in the Japanese market had dropped to 71.1%, down 2 percentage points from 2012, while ASEAN share rose to 15.6% in the same period, and China's losing market share was being grabbed by ASEAN. The yuan to yen continued to "break 7" and "break 6" in one year, and the central price increased to 24% over the whole year, which greatly affected the export of Chinese products to Japan. The total export volume in the whole year was 26 billion 970 million US dollars, down by 1%. Japan has become the only declining market in China's traditional export market, of which 2.1% of textiles and 0.7% of clothing. The export volume of knitted and woven garments of main export products maintained an increase of 2.2%, while the average export unit price dropped by 2.7%.