China’s textile and apparel exports resume growth



China News Service, Beijing, October 13 (Reporter Yan Xiaohong) The China Chamber of Commerce for Import and Export of Textiles disclosed on the 13th that despite facing unfavorabl…

China News Service, Beijing, October 13 (Reporter Yan Xiaohong) The China Chamber of Commerce for Import and Export of Textiles disclosed on the 13th that despite facing unfavorable factors such as soaring sea freight, production and electricity restrictions, and rising raw material prices, China’s textile and apparel exports have remained stable. Good growth momentum.

China’s textile and apparel exports in US dollars: In September, textile and apparel exports ended four consecutive months of decline and resumed growth; exports in that month increased by 2.66% year-on-year. An increase of 18.81% compared with the same period in 2019, of which textile exports increased by 27.08% compared with the same period in 2019, and clothing exports increased by 13.34% compared with the same period in 2019.

From January to September 2021, China’s textile and apparel exports totaled US$227.594 billion, a year-on-year increase of 5.61% and an increase of 12.7% over 2019. Among them, textile exports accounted for In 2019, the growth rate was 17.97%, and clothing exports increased by 8.53% compared with 2019.

In addition, China’s textile and clothing exports are calculated in RMB: from January to September 2021, the cumulative exports of textile and clothing were 1.47389 billion yuan, a decrease of 2.63% from the same period last year. , an increase of 6.65% compared with the same period in 2019, of which textile exports increased by 11.81% compared with the same period in 2019, and clothing exports increased by 2.58% compared with the same period in 2019.

Industry expert analysis pointed out that the current epidemic is still spreading globally, the world economic recovery is unstable and uneven, and the external environment faced by China’s textile exports is complex. China’s textile exports will face a complex external environment in 2021. Textile and apparel exports are still facing challenges. (End)

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