Fabric Products,Fabric Information,Fabric Factories,Fabric Suppliers Fabric News Has China’s share of European and American clothing imports declined? Other major apparel exporting countries have mixed feelings!

Has China’s share of European and American clothing imports declined? Other major apparel exporting countries have mixed feelings!



In the first three quarters of 2020, clothing imports from the 27 EU countries dropped sharply. Different product series and origins vary. China’s market share and various The overall proportion of varieties ha…

In the first three quarters of 2020, clothing imports from the 27 EU countries dropped sharply. Different product series and origins vary. China’s market share and various The overall proportion of varieties has dropped significantly.

Bangladesh’s share of EU knitted apparel imports reached 29.7%, while China’s share dropped to 27.2%. Among woven garments, China’s share is 33.5%, and Bangladesh’s is 20.8%. The country accounts for more than 50% of EU T-shirt imports, while China’s share is only 8.1%.

The unit price of knitted clothing exported from China to the EU was stable, with the woven clothing series rising by 15.2%. The price of pullovers in China increased by 1.9%, while in Bangladesh it fell by 7.9%.

Due to the depreciation of the lira, the prices of many Turkish export products have remained stable and its market share in the EU has expanded.

In November 2020, U.S. apparel imports recovered for the second consecutive month, with imports from China, Vietnam and Cambodia increasing and unit prices falling year-on-year. Compared with a year ago, U.S. apparel imports in November increased by 9.5% year-on-year, and fell by 4.7% year-on-year in terms of import value.

From January to November 2020, the U.S. clothing import volume fell by 17.5% year-on-year, and the import value fell by 24%. In November, U.S. clothing imports from China fell by 14.9%, but increased by 11.2% in October.

In November 2020, the unit price of U.S. clothing imports fell by more than 20% year-on-year, and the import volume and import value to Vietnam decreased by 24.4% and 13.5% year-on-year respectively. From January to November, Vietnam accounted for 19.8% of U.S. apparel imports, while China accounted for 23.7%. In that month, U.S. clothing imports from India continued to recover, imports from Bangladesh were difficult, and the import value fell by more than 10% year-on-year. The import volume and value of Cambodia increased by 24.5% and 17.8% year-on-year.

Vietnam’s textile, clothing, leather and footwear exports will decrease significantly in 2020

Vietnam’s “Vietnam Economic Times” website reported on January 8: Vietnam’s Ministry of Industry and Trade reported that due to the impact of the new coronavirus epidemic, Vietnam’s clothing and textile exports in 2020 were US$35.27 billion, a year-on-year decrease of 9.29%. Leather footwear exports were approximately US$20 billion, a US$2 billion decrease from 2019.

Reports say that in recent years, Vietnam’s garment and textile industry has made full use of the Vietnam-Korea Free Trade Agreement (VKFTA), the Vietnam-Eurasian Economic Union Free Trade Agreement (VN-EAEUFTA), the comprehensive and Free trade agreements such as the Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Vietnam-EU Free Trade Agreement (EVFTA) have achieved rapid development.

The export value of clothing and textiles in 2016 was US$28.1 billion, reaching US$38.9 billion in 2019, with an average annual growth rate of 9.55%. In 2016, Vietnam’s clothing and textile exports ranked fourth after China, Palestine, and India. By 2019, it surpassed India and ranked third in the world.

Affected by the COVID-19 epidemic, Vietnam’s clothing and textile industry has become one of the industries that suffered the most serious losses in 2020, along with the tourism, aviation, and leather and shoe industries. As the demand for epidemic prevention and control measures in the US and European markets (accounting for 48% and 18% of Vietnam’s clothing and textile exports respectively) has dropped sharply, Vietnam’s clothing and textile exports have been severely affected. Exports of the leather footwear industry have also encountered great difficulties due to the shrinkage of the major markets of the United States and Europe (accounting for 36% and 27% of the industry’s export share respectively) due to the epidemic.

Pakistan’s textile industry exports increased significantly from July to December 2020

According to a report by Pakistan’s “Business Record” on January 14, the Prime Minister of Pakistan Consultant Dawood revealed on Wednesday that in the first half of the 2020/21 fiscal year, home textile exports increased by 16% year-on-year to US$2.017 billion; ready-made garment exports increased by 25% to US$1.181 billion; canvas exports increased by 57% to US$62 million.

Under the influence of the new crown epidemic, despite the varying degrees of impact on the global economy, Pakistan’s exports still maintain an upward trend, especially the textile industry’s export volume has increased significantly. Dawood said that this fully demonstrates the resilience of Pakistan’s economy and also proves that the government’s stimulus policies during the COVID-19 epidemic are correct and effective. He congratulated export companies on this achievement and hoped to continue to expand their share in the global market.

Bangladesh exporters seek to extend loan repayment period

According to Bangladesh’s “Financial Express” report on January 18, in view of the second wave of the new crown Due to the uncertainty caused by the epidemic, the Bangladesh Garment Manufacturers and Exporters Association once again asked the Bangladesh government to extend the repayment period of the loan portfolio.

Bangladesh industry insiders said that amid the second wave of the new crown epidemic, garment buyers adopted new methods to manage their supply chains, which put Bangladeshi garment exporters in an awkward position.

Bangladesh exporters pointed out that buyers are now delaying orders and splitting them into smaller orders with shorter delivery times. In the latest correspondence between the Bangladesh Garment Manufacturers and Exporters Association and the Bangladesh Finance Ministry, concerns over the practices of international buyers were noted.

Cambodia’s garment industry has been deeply affected by the epidemic, with factories closing and labor cost problems intensifying

According to the Cambodian Daily News: Affected by the new coronavirus pneumonia epidemic, Cambodia’s garment industry was deeply affected in 2020, resulting in the closure of 129 garment factories, involving more than 70,000 people.�Workers’ livelihood.

On the 10th of this month, Han Su, State Secretary and Spokesperson of the Cambodian Ministry of Labor and Vocational Training, stated that the employment situation in Cambodia has gradually improved since the New Year of 2021.

He said that a total of 129 garment factories were closed in 2020, involving a total of 71,202 workers (57,794 women), and 112 factories were also opened. At the end of last year, the Council for the Development of Cambodia (CDC) also successively approved a number of investment projects.

As for the import of raw materials in the garment industry, Mr. Han Su said that unlike the early stages of the epidemic, the garment industry no longer has the problem of lack of raw materials. Although the epidemic is not over yet, textile product exports remain stable. After the epidemic is over, Cambodia’s entire garment industry will quickly return to its original state.

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