Mexico'S Exports To Us Clothing Declined.

Mexico in 2015

Clothing exports totaled $3 billion 814 million, down 3.8% from the same period last year, and the share of the US import clothing market also dropped from 4.4% in 2014 to 4.07%.

Meanwhile, China's exports to the United States increased by only 0.3%, and Vietnam, Bangladesh, Indonesia, India and other Asian countries became the biggest winners, respectively.

Exports grew by 13.9%, 11.8%, 2.6% and 7%.

The report of the American Fashion Industry Association believes that China's garment manufacturing industry is very developed, and the United States is very well developed.

It's cheaper than it is, so it's hard to replace it.

But with China's cost growth, some American companies began to look for other options, especially Vietnam, India and Indonesia. The United States accounted for 97.5% of the total consumption of clothing in the United States, and Asian countries became a difficult supplier to replace.

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Just after the new year, the newly released foreign trade data show that the situation is still not optimistic.

Both imports and exports declined in February.

Among them, the export growth rate dropped more than 20%, much higher than the January, and also exceeded the market expectations.

From a global perspective, this result is not surprising.

Under the global situation of slow recovery, China's overall exports still face greater pressure.

But from the macro policy perspective, the two most important factors affecting foreign trade, the continued stability of the RMB exchange rate and the full and timely guarantee of the export tax rebate, have been or will soon show their strength in the next three months.

Zhou Shijian, a senior researcher at the Sino US relations research center of Tsinghua University, predicted that although the external environment is indeed not good, with the gradual implementation of the policy, foreign trade is likely to pick up gradually after the first quarter, and exports will be positive before June.

According to the data released by the General Administration of customs, there is still pressure on the external demand situation.

First of all, the export of traditional labor-intensive products such as electromechanical products, textile and clothing, which absorbs more employed population, has declined.

In the first 2 months, the export of China's electromechanical products dropped by 12.2%, accounting for 56.6% of the total export value.

Among them, electrical and electronic products dropped by 7.2%; machinery and equipment decreased by 12.6%.

Over the same period, clothing exports dropped by 11.8%, textiles decreased by 9.3%, footwear decreased by 17.3%, and furniture decreased by 17.8%.

From the overall export market situation, China's trade with the first largest trading partner is 516 billion 60 million yuan, down 9.7%.

The total trade between China and the second largest trading partner of the United States is 471 billion 140 million yuan, down 12.2%.

Among them, I exported 352 billion 600 million yuan to the United States, a decrease of 10.9%.

Although exports have not yet recovered, the result of a common industry judgment is that foreign trade will continue to go through a period of cold winter, and enterprises seem to have gradually adapted to it.