Enter into wto 20 years exportation hits new high again, how does our country textile clothing foreign trade face environment new change to break bureau?

The epidemic prevention and control and isolation have triggered a global "stay-at-home pattern" in which consumers spend more time at home and are forced to reduce service consumption, and spend more on "home-based" consumer goods such as furniture, clothing and toys, computers and electronic products. From the export market of textiles and apparel, developed countries such as Europe and the United States are still the most important consumers. Political relations between China and the United States does not appear obvious signs of easing, a trade war with China is still not over, swing, relations between China and Europe and the United States consumer still make a rational choice, from having high efficiency, stable industry chain of purchasing clothing products in China, the United States and the European Union also is still the largest terminal consumer market, the total about a third of the our country textile clothing exports. The US, in particular, accounted for 18% of China's export share in 2021, 1.4 percentage points higher than in 2019 before the epidemic, although lower than in 2020. Its position as the largest market is still stable. In 2021, China's textile and apparel exports to the US will reach 58.09 billion US dollars, up 5 percent, among which household textiles will grow by 32 percent, knitwear by 39.1 percent, and knitwear for home use will grow by nearly 60 percent. Exports of textiles and clothing to the EU reached us $48.5 billion, down 10%, mainly due to epidemic prevention products. Household textiles and knitwear rose by 27% and 20.4%, among which knitwear grew by nearly 40%. The export of textile and clothing to Japan reached us $20.39 billion, down 6.9%. Among them, the export of household textiles increased by 9.7%, the export of woven clothing increased by 7.5%, and the export of knitted clothing increased by 14.5%.

In 2021, China's textile and garment export to ASEAN will increase by 25% to 49.66 billion USD, among which the total growth of yarn and fabric of major commodities will be 28.3%. The export of yarn and fabric to Bangladesh and India in South Asia will increase by 61.5% and 88.5% respectively. Both far higher than last year and pre-epidemic levels.

The share of Belt and Road countries rose rapidly. In 2021, China's textile and garment exports to countries along the Belt and Road totaled us $115.53 billion, accounting for 35.8% of the total export, 4.5 percentage points higher than in 2020, and a year-on-year growth of 24.8%, 17.5% higher than before the epidemic.

Garment and other major categories of commodities as the main export

With the normalization of global epidemic prevention and control, China's export of epidemic prevention products has gradually declined, with the cumulative export of medical masks and protective clothing accounting for 5% of the total export, and the cumulative export volume down 75.5%. Garment, yarn and fabric, home textiles and other major categories of exports have returned to the dominant pattern. Yarn, fabric, home textiles and needle-woven garments together accounted for 76% of total exports, up 43.6%, 34.4%, 27.9% and 26.3% respectively. Excluding epidemic prevention products, exports of textiles and clothing increased by 33.4%, including 32.6% in textiles and 34.1% in clothing, both of which exceeded the national average of trade in goods.

The growth of major commodities is driven by both quantity and price. The expansion of external demand drives the total export volume of all commodities to increase by 14% to 21%. Over the years, the export prices of major commodities have remained stable. This year, due to the upstream supply shortage caused by the epidemic, and the impact of the loose liquidity of the US dollar and the overall price increase of international bulk commodities, the prices of domestic procurement and imported raw materials remain high, which is further transmitted to the downstream, and there is a rare price increase of the whole industry chain. In terms of domestic procurement, the textile raw materials purchasing price index changed from negative to positive at the beginning of the year and increased month by month, increasing by 5% in the whole year. In terms of imports, the price of cotton, the main raw material, remained high, with the cumulative import unit price rising 16.4 percent and the price of chemical fiber up 6.5 percent. The export prices of yarn, fabric and needle woven garments increased by 22.4%, 11.5% and 11.2%, respectively. The price increase of downstream terminal products was lower, indicating that garment manufacturers and exporters were bearing more cost burden and profits were squeezed, with the most prominent pressure on production and operation.