April 7Th Focus Of International Cotton Textile Industry Inventory

< p > < strong > Egypt's ban on cotton imports: meeting the demand for cotton use < /strong > < /p >

< p > after more than one year's import ban, the relevant departments of Egypt recently decided to liberalize the short and medium length cotton imports to meet the demand of textile enterprises.

Prior to the protection of cotton farmers' interests, Egypt banned the import of cotton in October 2011, but because of the textile industry's demand, the government decided to lift the ban.

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< p > the short and medium length cotton in Egypt is mainly composed of gzha 80 and gzha 90, accounting for 10% of the total output.

Ten years ago, the annual output of these two varieties was about 150 thousand tons, at present only 34 thousand tons.

The largest yield of long staple cotton is gzha 86, which accounts for about 70%. < /p of total output.

< p > < strong > South Africa New Year's industrial policy clearly shows that it will support the textile industry < /strong > /p >

< p > Mr. Rob Davis said: "the 2013-14 year industrial policy action plan (IPAP) launched by the South African government aims to support the textile and garment manufacturing industry in the country as well as other industries."

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At P's opening session, Davies, Minister of trade and industry, said that the main goal of the plan is to promote the industrialization of the country and stimulate economic growth in the IPAP2013-14.

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< p > Rob Davis said that South Africa's clothing and textile industry has seen a significant turnaround. Local enterprises have successfully won the domestic market share and formed cooperative relations with the government, retailers and other manufacturers.

He added that the decline in employment in the textile and clothing sector has slowed down and negative trends are reversing.

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< p > Rob Davis said that South Africa's a href= "//www.sjfzxm.com/news/index_f.asp" > dress < /a > and a href= "//www.sjfzxm.com/news/index_c.asp" > textile industry < /a > has seen a major turning point. Local enterprises have successfully won the domestic market share and formed cooperative relationship with the government, retailers and other manufacturers.

He added that the decline in employment in the textile and clothing sector has slowed down and negative trends are reversing.

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< p > the minister said that the South African economy needs to open up new export markets, especially in the African continent, and pursue regional integration.

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< p > besides developing new a href= "//www.sjfzxm.com/news/index_s.asp" > market < /a >, IPAP will focus on creating employment, encouraging innovation and making full use of new opportunities provided by BRICs.

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< p > < strong > Vietnam's cotton imports in the first quarter of 2013 grew by 281 million US dollars 34.6%, < /strong > /p >

< p > according to the statistics of the General Bureau of statistics of Vietnam, Vietnam's imports amounted to about $11 billion 300 million in March (2013), an increase of 56.1% over February, and an increase of 22% over the same month last year.

In the first quarter of this year, Vietnam's imports amounted to about 29 billion 200 million US dollars, up 17% from the same period last year. The amount of Vietnam's imports was about US $13 billion 100 million, growing by 7.9%, and the import volume of foreign-funded enterprises was about 16 billion 100 million US dollars, an increase of 25.5%.

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The main import products of the first quarter of this year, including electronics, computers and parts, were 4 billion dollars, 51.5% growth, telephone and parts import $1 billion 700 million, growth 86.7%, oil imports $1 billion 500 million, recession 27.8%, plastic imports 1 billion 300 million dollars, growth 17.7%, feed and raw ingredients imports 760 million dollars, growth 64.9%, general metal imports 699 million dollars, growth 699 million, imports of chemical raw materials dollar, recession, imports of plastic products dollars, growth, import of other means of pport and parts, US dollars, growth, cotton imports $US, growth, /p < p

< p > the main source of imports is still China, with a total import value of US $7 billion 600 million, up 31% over the same period last year, followed by the ASEAN 5 billion 100 million US dollars, growing 4.6%; South Korea's US $4 billion 900 million, grew by 47%; the EU 2 billion 200 million US dollar, grew by 20%; the US 1 billion 200 million US dollars, grew by 3.3%.

In March this year, the trade deficit was about US $300 million, but because of the trade surplus of US $781 million in the first 2 months of this year, the trade surplus in the first quarter of this year was US $481 million, accounting for 1.6% of the total export amount, of which the foreign trade surplus was 3 billion 100 million US dollars, and the deficit of the Vietnamese funded enterprise was 2 billion 600 million US dollars.

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