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Economic Recovery, Textile Prices Rising Steadily

2010/11/23 11:04:00 24

according to

WTO

The latest statistics from various countries' Customs show that with the steady economic recovery, the global textile and clothing trade has slowed down.

In terms of exports, the growth rate of exports in September was generally slower than that of the previous period.

This is mainly due to the gradual recovery of the world economy since the second half of last year, resulting in a larger base year.

The export of textiles and garments in different areas is different. Vietnam, Thailand, Hongkong and Singapore are growing faster. Exports from Korea, China, Taiwan, mainland China and Japan have slowed down to varying degrees.

China Hongkong and Singapore maintain double-digit growth.

The growth rate in other countries is around 20%.

Europe and America

In the two major import markets, the major commodities of the United States and the European Union, including textiles and clothing, imported better in August.

In the first 8 months, the total import and export volume of textiles and clothing increased by 14.5% in the United States. Although the total growth of the European Union was only 2.4%, the import situation has improved significantly in recent months, and gradually reduced to an increase.

In addition, in October, in addition to the decline in the US dollar (the euro rose to 6.5% against the US dollar), the currencies of all countries in the neighboring countries generally increased.

Compared with the previous month, the average monthly price of Korea and Japan increased by 3%. Thai, Taiwan, new and Philippine currencies rose by 2.0%~ 2.9% and RMB appreciation by 1.2%.

Compared with the same period last year, the average price of the first 10 months increased by the largest proportion of the rupiah and the won, respectively, 16.1% and 12%, while the Vietnamese shield fell 7.2%.

RMB

The Australian dollar was stable and the rest rose by 4.3%~9.5%.