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[Under the epidemic, which countries are seizing the share of China's textile and apparel industry?]
Release date:[2020/6/17] Is reading[120]次

The global epidemic situation continues to escalate, and fashion has become an optional "optional product" and "chicken rib product", which is the first product that consumers in various countries reduce to buy. The apparel industry was severely hit by sales, sales fell precipitously, and imports in the mainstream market fell sharply. In the first four months of this year, US and Japanese apparel imports decreased by 18% and 8%, respectively, and EU apparel imports decreased by 15% in the first three months. China's market share in the United States, Japan, and the European Union decreased by 8, 3, and 2 percentage points, respectively. Who seized China's share?


Vietnam: Become the biggest winner of Zui, increasing its share in the mainstream market. In the first four months, Vietnam’s apparel exports to the United States were basically flat, and its apparel exports to Japan increased by 6.6%. In particular, Vietnam’s share of the US market is approaching China, which is only 2 percentage points away from China.

Bangladesh: The gains are not small. With the overall U.S. apparel imports falling by 18%, Bangladesh’s exports to the U.S. actually increased by 2%.

Cambodia: Although the scale is limited, exports of apparel to the United States grew by 19% in the first four months at an alarming rate. Exports to Japan also remained stable, up 0.7%.

Myanmar: Exports are relatively less affected by the epidemic, and are the exporters that have maintained growth in all three major markets. In the first three months of this year, exports of clothing to the EU increased by 15.4%, exports to Japan increased by 16.1% in the first four months, and exports to the United States increased by as much as 46%.


US-Japan-Europe clothing imports from January to April are as follows:


United States


From January to April 2020, the US imported 24 billion U.S. dollars in apparel, down 17.9% year-on-year; imports of clothing from China were 4.86 billion U.S. dollars, down 41.4% year-on-year. China accounted for 20.3% of the US imports of apparel, ranking diyi, a year-on-year decrease of 8.1%.

The second to fifth largest suppliers of US apparel imports are:

◆ Vietnam: 4.29 billion US dollars, a year-on-year decrease of 0.7%; the share is 17.9%, an increase of 3.1 percentage points year-on-year;


◆ Bangladesh: 2.08 billion US dollars, an increase of 2.1% year-on-year; the share is 8.7%, an increase of 1.7 percentage points year-on-year;

◆ Indonesia: 1.53 billion US dollars, down 8% year-on-year; the share is 6.4%, an increase of 0.7 percentage points year-on-year;

◆ India: 1.43 billion US dollars, a year-on-year decrease of 12.4%; the share is 5.9%, an increase of 0.4 percentage points year-on-year.

Japan


From January to April, Japan imported 8.92 billion US dollars of clothing, a year-on-year decrease of 7.6%; imported clothing from China was 4.75 billion US dollars, a year-on-year decrease of 12.5%. China accounted for 53.2% of Japan's apparel imports, ranking diyi, a year-on-year decrease of 3 percentage points.

The second to fifth largest suppliers of Japanese clothing imports are:

◆ Vietnam: 1.44 billion US dollars, an increase of 6.6% year-on-year; the share is 16.2%, an increase of 2.2 percentage points year-on-year;

◆ Bangladesh: US$440 million, down 1.3% year-on-year; the share is 4.9%, up 0.3% year-on-year;

◆ Cambodia: USD 410 million, an increase of 0.7% year-on-year; the share is 4.6%, an increase of 0.4% year-on-year;

◆ Myanmar: US$390 million, an increase of 16.1% year-on-year; the share is 4.4%, an increase of 0.9% year-on-year.

EU


From January to March, EU imported apparel was US$22.19 billion, down 9% year-on-year; imports of clothing from China were US$5.84 billion, down 14.6% year-on-year. China accounted for 26.3% of the EU's imports of apparel, ranking diyi, a year-on-year decrease of 1.7 percentage points.

The second to fifth largest suppliers of EU clothing imports are:

◆ Bangladesh: US$4.44 billion, down 5.2% year-on-year; the share is 20%, up 0.8 percentage points year-on-year;

◆ Turkey: 2.45 billion US dollars, a decrease of 5.2% year-on-year; the share is 11%, an increase of 0.4% year-on-year;

◆ India: US$1.31 billion, down 9.5% year-on-year; the share is 5.9%, down 0.04 percentage points year-on-year;

◆ United Kingdom: US$1.03 billion, down 26% year-on-year; share is 4.6%, down 1.1% year-on-year.


(Data as of March)


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