China'S Textile And Clothing Exports Increased By 9.4% In The First Three Quarters Of This Year

2020/10/16 19:49:00 0

The First Three Quarters Textiles And Clothing Exports

From January to September, China's textile exports reached 117.95 billion US dollars, a year-on-year increase of 33.7% (in terms of RMB, a year-on-year increase of 37.5%), maintaining a rapid growth trend, and the export growth rate increased by 5.9 percentage points compared with the first half of the year. In addition, In the first three quarters, China's clothing export reached 97.83 billion US dollars, a year-on-year decrease of 10.3% (in RMB terms, a year-on-year decrease of 8.1%), and the growth rate increased by 9 percentage points compared with the first half of the year.

In September, China's textile exports reached US $13.15 billion, a year-on-year increase of 36.0% (in terms of RMB, a year-on-year increase of 34.7%). Although the growth rate of that month was somewhat lower than that of previous months, the growth rate of China's textile export remained high in the second and third quarters.

Since the second half of the year, the situation of clothing export has continued to improve. In September, the clothing export volume reached US $15.23 billion, an increase of 6.5% (in terms of RMB, a year-on-year increase of 5.3%), and a positive growth trend was maintained for two consecutive months. At present, the stable industrial chain supply chain of China's textile industry is also attracting some overseas orders to return.