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Export Growth In April Dropped To Its Lowest Level In Five Years.

2008/5/15 17:45:00 25

Export Growth In April Fell To Its Lowest Level In Five Years.

According to the data released by customs, in April this year, the total export volume of textiles and clothing was about US $14 billion 286 million, an increase of 12.66% over the same period last year.

Among them, exports of textiles (including textiles, yarns, fabrics and articles) amounted to about US $5 billion 982 million, an increase of 19.04% over the same period last year, and exports of clothing and accessories amounted to about 8 billion 304 million US dollars, up by only 8.46% over the same period last year.


In the 1-4 months of this year, China's textile and clothing exports totaled about US $51 billion 725 million, an increase of 17.08% over the same period last year.

Among them, textile exports amounted to about US $20 billion 223 million, an increase of 26.63% over the same period last year, and clothing exports were about US $31 billion 502 million, an increase of 11.67% over the same period last year.


China's first textile network pointed out that, compared to April or the first 4 months, the growth rate of clothing exports has dropped to the lowest level in nearly five years.

At the same time, the data reflect the situation is quite consistent with reality. Since 2005, China's textile and clothing export situation has been in the predicament of "internal and external troubles", especially this year, the various adverse factors have led to a sudden rise in the pressure of survival in the industry, and the closure of enterprises has also been common.


However, some people in the industry say that there is no need to be too pessimistic about the industry. The textile and apparel market is actually not as bad as the capital market expected.

Although the industry has indeed fallen, there are many business failures, but it is not a "one".

After all, many businesses are profitable and growing.

It is expected that the export growth rate in May should be similar to that in April, and the export growth rate of 15% is expected to remain unchanged for the whole year.

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