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What is the export situation of textile trade in China?
Exports have slowed down. According to the Analysis Report on the Demand Prospect and Product Investment Strategy of China's Import and Export Trade in 20 16-202 1 year, the total textile export of China last year was 283.89 billion yuan, down by 4.9% year-on-year, and the export volume decreased by 1.2%. As of February this year, textile exports continued to decline, and the situation was even more pessimistic. The export volume decreased 15.7%. Among the traditional textile exporting countries, China's exports to the United States only maintained growth, with an increase rate of 6.6%; The export volume of the European Union and Japan both showed a downward trend, with the decline rates of 13.7% and 1 1.7% respectively. In addition, in other markets except the Middle East and Africa, the downward trend of last year continued, among which the decline from Russia was relatively large, accounting for 32.6%.

20 15 China's textile exports are greatly affected by the economic situation. For example, the American economy has recovered, with obvious growth momentum and increased market demand. The decline in textile exports to the European Union is mainly related to the sharp depreciation of the euro against the RMB. The export to Japan is mainly due to the continuous depreciation of the yen against the RMB, the Japanese economy is sluggish, the demand in the textile and clothing market is weak, and the retail sector is booming. The decline in Russian textile exports is due to the economic sanctions imposed on Russia by Europe and the United States, the drastic fluctuation of the Russian economy, and the difficulty in customs clearance.