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In The First Half Of The Year, China'S Textile Exports Increased By 27.8%, Driving The Overall Export Growth Of The Industry By 3.2%

2020/7/15 20:49:00 2

National Textile Export

According to the statistics of the General Administration of customs today, in the first half of this year, China's textile and clothing exports totaled US $125.19 billion, a year-on-year increase of 3.16% (in terms of RMB, a year-on-year increase of 6.75%), and the overall export of the industry recovered to positive growth. Among them, textile exports from January to June totaled 74.103 billion U.S. dollars, a year-on-year increase of 27.81% (in terms of RMB, a year-on-year increase of 32.37%); clothing exports totaled $51.08 billion, a year-on-year decrease of 19.39% (in terms of RMB, a year-on-year decrease of 16.67%).

From April to June, the export of masks made a great contribution, which continued to promote the recovery of textile export trade

Since the second quarter, with the surge in demand for epidemic prevention materials in Europe and the United States and other countries, textiles including masks have become an important support for China's export. From April to June, the year-on-year growth rate of textile exports kept above 50%, especially the high value of 79.2% in May. In June, China's textile exports reached US $16.16 billion, a year-on-year increase of 56.7% (64.5% in RMB terms) and a decrease of 22.5% compared with the previous month.

In addition, from the perspective of clothing export, the proportion of clothing in China's total export decreased to 40.8% in the first half of the year. The weak end consumer demand in the international market led to the obvious pressure on the clothing industry. In June, the clothing export situation improved compared with the previous months. In the same month, China's clothing export volume was 12.87 billion US dollars, which was nearly 4 billion US dollars larger than that of the previous month. The export decreased by 7.07% (3.63% in terms of RMB) on a year-on-year basis, and the decline rate was 17.4 percentage points lower than that of the previous month.

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