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In July, the growth rate of spinning exports in our country has narrowed monthly.

Export accumulation increase

From January to July 2021, our national spinning product was exported to $ 18.44 billion, an increase of 44.8% year-on-year, and the accumulated growth rate was 10 percentage points from last month, but it was still 19.8% over 2019. At the same time, the export of home textile products accounts for 11% of the total export of textile and apparel products, and the overall export of the textile and garment is 37 percentage points, and the overall export of the industry is reducing growth.

From the overall situation, the company is relatively full, but the profit margin has declined. Affected by the global new crown epidemic, some India and ASEAN orders have been reflux this year. I export growth trend is expected to continue until the end of the third quarter or at the end of the year. At the same time, it is affected by the rise of the sea freight, with a shortage of cotton, the price of production factors, and the increase in corporate profit margins this year, the main enterprise has a big decline, and the main enterprise has been cautious and optimistic. Blind expansion capacity. After the global epidemic is stable, it will still face the pressure of industrial transfer and orders.

US European market demand is more demand, but in July, slowing the momentum

In the first 7 months, home textile products have grown to the top 20 major markets in the world. Among them, the demand for US Europe is more demand, and home textile products export $ 6.2 billion in the United States, an increase of 53.7% year-on-year, and the accumulated increase is 12 percentage points from last month, an increase of 27.7% from 2019.

For EU exports $ 2.47 billion, an increase of 35.4%, and the accumulated increase is 7 percentage points from last month, an increase of 10.9% from 2019.

The growth rate of Japanese exports is relatively slow, with an export amount of 1.17 billion US dollars, an increase of 11.7% year-on-year, and the scale is basically flat to the same period in 2019. From the regional market, exports to Latin America, ASEAN and North America are rapid, and the year-on-year increase is more than 50%.

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