French Media Comment On Textile Import Decline In The First Quarter

According to the recent report of the French textile newspaper, the import of French textile and clothing in the first quarter of this year decreased by 2% overall, which surprised the French industry, which further reflected the depression of the French consumer market.

Reported that since a very long time, the number of imported textiles from France for the first time decreased, and imports fell by 2% compared with the same period in 2007.

The head of the situation research center of the French Fashion Institute said: if the French imports generally fall, the export volume of China's exports to France will increase by 3% instead of the decline in textile exports.

The overall decline came from the 27 countries of the European Union, where imports from France fell by 12%, reflecting the general slowdown in consumption in France and Europe.

GRAU, Chief Secretary of the French women's clothing association, said that if China's textile export growth was relatively slow in the first quarter of this year, it was due to the total cancellation of China's quota and the end of most of the orders by the end of 2007.

It is now expected that in the next few months, there will be new growth in the import of clothing from France, and the base of imports from Asia will be very high in 2007.

He stressed that, if compared with the actual consumption of fashion in France, the purchasing power may be out of touch, then the first quarter of 2008 is at this stage.

The decline of French imports directly reflects the general decline in consumer demand, which accounts for the limited purchasing power of most social strata. This group represents consumption and accelerators of economic growth.

This fact should not be ignored.