According to statistics, in June 2014, China imported 140,500 tons of cotton yarn, a year-on-year decrease of 3.31%; while during the same period, China’s cotton cloth exports were 661.119 million meters, a month-on-month decrease of 12.08%, a year-on-year decrease of 17.01%, and both cotton yarn and cotton cloth exports fell year-on-year. , and there is a trend of accelerating the decline. In June, China’s clothing exports were US$16.39 billion, an increase of 10.3%. From January to June, China’s clothing exports were US$79.18 billion, an increase of 4.1%, indicating that the export competitiveness of cotton yarn and cotton cloth throughout the industry chain continues. The market for mid-to-low-grade cotton, mid-to-low-count yarn, and mid-to-low-grade gray fabrics is being replaced by imported raw materials. The year-on-year growth rate of clothing exports has also narrowed significantly, and the competitive advantage has also been in jeopardy.
In sharp contrast to China, in the entire fiscal year 2013/14 (2013.7-2014.6) Pakistan exported US$13.794 billion in textiles and clothing, a year-on-year increase of 5.04%; after the 59th session of the Indian Garment Manufacturing Federation, some industry insiders It said that India’s textile and clothing exports are expected to reach US$50 billion in 2014, a year-on-year increase of 20.8%; from January to June 2014, Vietnam’s textile and clothing export revenue reached US$2.74 billion, a year-on-year increase of 22.5%. A large number of European and American orders began to “bypass” Chinese cotton textile and clothing companies and flow directly to countries such as India, Pakistan, Indonesia, Vietnam, Bangladesh, and Turkey in Southeast Asia. In particular, countries such as Turkey, Indonesia, and Thailand have very strong demand for American cotton. Orders from some large and medium-sized yarn mills, weaving factories, printing and dyeing factories, and garment factories have been scheduled until mid-September.
