From January to September, reporters from Jiangsu Inspection and Quarantine Bureau learned that Wuxi's textile and garment exports totaled 4.727 billion U.S. dollars, up 4.6%. Textile exports reached 2.602 billion U.S. dollars, up 4.5%. Clothing exports reached 2.124 billion U.S. dollars, up 4.8%. In the first three quarters, Wuxi's textile and garment exports basically showed a steady turnaround. The export volume of each quarter was gradually enlarged, narrowing the range of increase and decrease from the same period of last year, and the increase rate tended to be national average.
According to the Jiangsu Inspection and Quarantine Bureau statistics, from the export market point of view: exports to the United States is relatively stable, to achieve a slight increase: the first three quarters of exports increased slightly year on year. The export growth of key manufactures of needle-knitted garments in total exports was sluggish. The export volume of textile finished products increased generally. Among them, the growth of home textile products and the increase of industrial textile products were large. Lack of good market for the EU, the United Kingdom declined rapidly: due to lack of growth momentum, the EU market has been flat in the near future, the first three quarters of the EU's exports have not yet recovered growth. Trend of Japanese clothing is getting better, sales of medium and high grade increase: the Japanese market signs of recovery.
Inspection and Quarantine Bureau of Jiangsu Wuxi reminded: With the gradual warming of the global economy, the traditional textile and apparel markets and emerging markets will be further improved by the end of the year. Coupled with the low export base in the same period of last year, the textile and apparel exports in the fourth quarter of our city are expected to maintain a good trend situation. However, the long-term unfavorable export conditions such as rising costs still exist. In addition, due to the superposition of the volatility of the exchange rate swings in recent years, the basic export growth is weak and the growth momentum is still insufficient.