Imports And Exports Increased By 48.4%&Nbsp In May, And Clothing Prices Will Increase In The Second Half Of The Year.

Under the influence of the "two dip" of the world economy and other factors, the import and export data released have attracted much attention.

According to the data released by the General Administration of Customs 10, in May this year, the total value of China's imports and exports was US $243 billion 990 million, an increase of 48.4% over the same period last year, of which the export growth rate has obviously accelerated, approaching 50%.

According to statistics, in May of this year, China

In the first 5 months of this year, China's textile and apparel exports totaled 70 billion 210 million US dollars, up 19.3% from last year's year, up 3.75 percentage points compared with last month.

Among them, the total exports of textiles amounted to 28 billion 560 million US dollars, and clothing exports totaled 41 billion 650 million US dollars, with a growth rate of 29.7% and 13.1% respectively.

Furniture exports 12 billion 690 million US dollars, an increase of 26.6%.

Measurement data show that in May of that month, China's exports of textiles and clothing amounted to 16 billion 422 million US dollars, an increase of US $1 billion 878 million over last month, an increase of 12.89% over the previous month. Compared with the same period last year, exports increased by US $4 billion 116 million and the growth rate was 33.45%.

Textile yarn, fabrics and products exported $6 billion 964 million per month, an increase of 42.27% over the same period last year, and exports of clothing and accessories reached US $9 billion 458 million in the month, up 15.98% over the same period last year.

Based on the data of the first few months of this year, Wang Wein, editor in chief of the first textile network, told the daily economic news that with the further implementation of the national policy of benefiting the people, the huge domestic sales potential of our market is gradually being released, and domestic demand will be more vigorous.

Wang Liping, senior researcher of Shenyin Wanguo textile and garment industry, said that textile and garment export data exceeded expectations in May, and textile recovery was better than clothing.

"And

Clothing is expected to increase by 10%

Insiders pointed out that the textile export volume rose to more than 40% in May, which is related to the recent rise in raw material prices and the rise in prices of textiles such as yarns.

"This year, the upstream enterprises will increase their prices more than the downstream. After the pmission through the industrial chain, the price increase will be passed to the terminal garments in the second half of the year. The price of clothing will increase by at least 10% in the second half of this year," said Wang Rong, a joint securities analyst.

"The latest increase was around 2%, when the price of cotton yarn increased by about 4%.

As far as the whole industry is concerned, as long as the fabric is cotton blended, the price will be raised appropriately.

Jin Tao, deputy general manager of Fujian Baikai textile and chemical fiber industry Co., Ltd. wrote an account for the author: in May cotton per ton increased by nearly 1000 yuan per week. On average, the cost of raw materials per cotton cotton increased by 1 yuan, which is no doubt a heavy burden for the textile enterprises to calculate profit by cent and angle.

"For weaving mills, raw material costs account for 80% of the total cost, so enterprises must upgrade their prices according to the cost of raw materials."

Shishi, a cloth trader, introduced to the author that in the near future, he would negotiate with clients and jointly undertake the cost price of raw materials.