At present, China's textile and apparel industry is facing an overall decline in domestic and external demand caused by the global epidemic, lack of orders and poor logistics, the reduction of terminal consumption is transmitted to the entire industrial chain, production and domestic and export sales are blocked, and supply chain interruptions have also dragged down The development of foreign trade in intermediate products has continued to reduce the production capacity and exports of upstream, midstream and downstream products. However, China's textile industry has a complete industrial chain and complete infrastructure from raw materials to finished products. Once the epidemic is relieved, the supply capacity can be restored immediately.

  impact of the epidemic 

　　 The first quarter textile and apparel export situation is grim

In the first quarter, my country's textile and apparel trade was 52.48 billion US dollars, a year-on-year decrease of 15.5%. Among them, exports were US$46.35 billion, down 17.7%; imports were US$6.13 billion, up 5.4%. Its main characteristics are as follows: First, production gradually recovered in March, and exports have rebounded significantly compared with February. Second, general trade exports improved slightly, and foreign aid materials increased sharply. Third, for the first time, ASEAN has become the largest export market in China, and the proportion of Chinese products in the US market has fallen below 20%. Fourth, the textile export situation is better than clothing, and the export of anti-epidemic products has soared. The export of textile anti-epidemic materials has increased substantially

　　 In the face of severe epidemics, Chinese companies have responded quickly and produced high-efficiency, making a huge contribution to the global anti-epidemic. The export of anti-epidemic materials to countries and regions with severe epidemic conditions has increased substantially. In March, exports of textile-related epidemic prevention materials (including medical masks, medical protective clothing, surgical caps, medical shoe covers, cotton swabs, cotton balls, etc.) were exported at US$1.44 billion, accounting for 9.1% of total textile and apparel exports in the month, a year-on-year increase of 90.8 %. Among them, medical masks increased by 180%, and medical protective clothing increased by 78%; exports to the EU (including the United Kingdom) increased by 213%, and Japan and South Korea increased by 58.8% and 224%, respectively. Due to insufficient attention to the prevention and control of early epidemics in the United States and differences in product standards, exports to the United States increased by only 7.1%.

　　China's textile and apparel industry is still expected to attract investment and return orders

In the short term, the epidemic situation will indeed accelerate the transfer of industries to areas outside of China, but in the long term, this impact will not last. Strong and stable production and supply capabilities have once again become a plus item in China's textile and apparel industry, and will attract more investment and orders to return to China. In the U.S. market with the largest share decline, China’s loss of 10 percentage points in the first quarter was mainly transferred to more than a dozen countries (regions). Although ASEAN’s share has exceeded China’s, its industrial chain is incomplete, and raw materials and semi-finished products depend on China. The reality has not changed. Based on this, it is expected that the share of major markets’ imports from China will pick up in the coming months. ,

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