World Textile And Trade Emerging Export Countries Grow Prominently

According to the World Trade Organization (WTO)

Published information, in 2011 world textiles and clothing (according to the standard international trade classification SITC65, 84 statistics, hereinafter referred to as "spinning and clothing") total import and export trade amounted to US $1 trillion and 447 billion 743 million, followed by a rise in 2010, with an increase of 17.1%.

From the perspective of the country, the European Union calculated the total trade volume of clothing trade by US $451 billion 243 million as the single trade body in the 27 countries, ranking the first place; and 271 billion 98 million dollars in the mainland of China.

132 billion 952 million dollars still lives in second and third places.

Hongkong's $64 billion 85 million (including re export) insurance is fourth, but if the re export is eliminated, it is only 28 billion 860 million dollars, less than Japan (50 billion 759 million dollars), Turkey (35 billion 549 million US dollars) and India (33 billion 137 million US dollars), from sixth in 2010 to seventh.

The main characteristics of world textile trade in 2011 are:

Substantial growth is limited.

Last year, the world textile trade volume increased by double-digit compared with that of last year.

The price has surged rapidly, and has driven the downstream products to rise. It is estimated that the average trade price of the overall trade of clothing will be increased by more than 10% in the whole year. For example, the average unit price of clothing imports in the United States will increase by 12.8%.

Therefore, the growth of world textile trade in the past year should be very limited.

Europe and the United States account for a continuous decline in world imports.

The largest market for textile imports in the world -- the European Union and the United States last year totaled 372 billion 196 million US dollars, accounting for 50.2% of the world's total imports, which has declined for three consecutive years (57.8% in 2009 and 54.1% in 2010), compared with 62% in 2005 when the global quota system was abolished.

Among them, the EU dropped from 41.2% to 34.8%, and the United States dropped from 20.8% to 15.4%.

It reflects that the mainland and emerging exporting countries have taken over some of the share in Europe and the United States.

Growth of emerging export countries

The EU, the second largest exporters in the world, grew by 14.7% last year, and the share of world exports continued to decline from 27.6% last year to 27.3%, while the number of mainland China increased by 20.1%, from 34.3% to 35.2%.

New export countries such as Bangladesh, Vietnam, Sri Lanka and Kampuchea increased by more than 20%, accounting for the increase in world share and ranking.

Hongkong exports continue to shrink

With the decline of Hongkong's textile and garment manufacturing industry, the export of Hong Kong's textile products last year was only 563 million US dollars, a decrease of 15.7% compared with 2010, and the ranking of world exports dropped from 42 to 42 in 2010.

For example, the total export volume of Hongkong's textile garments increased by 1.2%, including the re export, which is much smaller than the world total increase of 17.1%.