News Information
China international textile fabrics and accessories expo is the largest garment fabrics and accessories exhibition in the world. The exhibition provides a one-stop shopping platform for garment manufacturers, trading companies, importers and exporters, retailers, chain stores and other fabric buyers to display all kinds of clothing fabrics and accessories, widely used in formal wear, shirts, women's wear, functional/sportswear, casual wear, jeans and other clothing.
China international textile fabrics and accessories expo is not only a high-quality platform for purchasing the latest fabrics and accessories, but also provides design inspiration for the next season's fashion trends with its fashion trend areas and seminars.
The increasingly mature intertextile will continue to strengthen the trade between China and other countries in the textile field, expand the international
exchanges and cooperation between industries, and make efforts to promote the development of China's textile industry and the prosperity of the market.
Bangladesh is the world's second largest textile exporter and DIFS is the largest textile and apparel industry exhibition in Bangladesh. Dhaka international textile fabrics and accessories yarn exhibition DIFS will be held at the same time as TEXTECH, the oldest garment and textile machinery exhibition in Bangladesh. The two exhibitions will attract a large number of audiences in the garment industry in Bangladesh. DIFS not only provides an excellent opportunity for international suppliers and buyers to expand their business in the Bangladesh market, but also brings foreign capital and productivity to the economic and productivity development of Bangladesh. Dhaka international textile and apparel industry show is an annual must-attend event for the textile and apparel industry in South Asia.
Bangladesh's garment industry is the country's largest exporter, with exports of more than $7 billion. More than 5,000 garment factories import 75% of their fabrics from other countries. Despite fierce international competition, Bangladesh can compete with any other country in garment and textile exports. The great potential and market opportunities have led to the continuous growth of the country's garment and textile industry, and the continuous growth of the demand for yarn, fabric and accessories imports. Now is a good opportunity to enter the Bangladesh market.
In the first month of the second quarter, my exports to the United States fell sharply by 12.9%, a double-digit decline. This situation is rare in recent years. Even in the low tide of exports in 2015 and 2016, the decline in exports to the US during the same period was not even 5%, the market outlook is worrying. At the beginning of May, the United States announced that it will increase the tariff rate of 200 billion US dollars of Chinese products to 25% since May 10 (later extended to mid-June), and threatened to add more than 30 billion US dollars of products to the end of June and early July. % tariff. It is estimated that from May to June, under the spur of export by enterprises, I will have a certain degree of rebound in the export of American clothing and home textiles. However, once the customs duties are officially imposed, the export to the US will face a greater decline. Negative growth in exports is inevitable.
From January to April, my exports to the US were US$12.08 billion, a decrease of 6.5%, which was higher than that of the EU and ASEAN. Among them, textiles decreased by 6.2%, clothing decreased by 6.7%, and the total export volume of large-sized commodity needle woven garments decreased by 1.3%, and the average export price fell by 5.3%.
From January to April 2019, the United States imported 38.95 billion US dollars of textiles and clothing from the world, an increase of 4.2%, of which imports from China were 11.94 billion US dollars, down 1.5%. Imports from ASEAN, India and Bangladesh increased by 9.1%, 6.9% and 12.6 respectively. %. Chinese products accounted for 30.7% of the US market, down 1.8 percentage points from the same period in 2018. It is expected that after the tax increase, the rate of decline will further accelerate.
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