Mask protective clothing into an important support of China's textile clothing export performance inSince 2020, coVID-19 has been ravaging the world and the world economy has been in a state of shutdown. The global economy is facing a double shock of demand and supply. The world Trade Organization (WTO) released a barometer of commodity trade on May 20, showing that the volume of world merchandise trade will drop sharply in the first half of 2020. The index now stands at 87.6, well below the benchmark of 100 and the lowest since the index was released in July 2016. China's textile and apparel international trade performance is also relatively depressed. According to China's customs data, from January to April in 2020, China's total export of textiles and clothing to the world reached 70.139 billion US dollars, down by 10.49% compared with the same period of last year. Although the decline narrowed from January to March, it was still down by 7.17 percentage points compared with the same period of last year. Clothing demand in the international market has dropped sharply Under the impact of the global epidemic, China's textile and apparel export decline even exceeded the level of 2009 after the financial crisis. In April, although domestic outbreak, the effective control of economic activity to restore steadily, but spread overseas epidemic is still in the fermentation, the of all kinds of restrictive measures taken for the outbreak, not only caused the international economic and trade circulation, also significantly inhibits people's consumption enthusiasm and ability, especially represented by clothing optional consumer goods market demand slump. Retail sales plunged 8.7% in March, the biggest drop since 1992, according to the Commerce Department. Sales at clothing and apparel stores fell 50.5 per cent and department stores 19.7 per cent. According to Japanese customs data, from January to April this year, Japan's imports of clothing from the world fell by 9.48%, while imports from China fell by 14.49%. Our clothing market share in Japan has dropped to 53%, down 3 percentage points from a year ago. From the European |
Check mobile websites