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.