In 1-7, China'S Textile And Clothing Exports Grew By 3.71% Over The Same Period Last Year.

According to statistics, 1-7 months in 2018

Clothing exports 154 billion 367 million US dollars, an increase of 3.71% over the same period last year.

Among them, the export of textiles was US $68 billion 461 million, an increase of 10.05% over the same period last year, and exports of clothing and accessories reached US $85 billion 906 million, down 0.84% from the same period last year, and two continued to show "

The strong differentiation of exports and weak clothing exports has seen a sharp rise in exports in recent months.

In Renminbi in 2018, China's textile and apparel exports totaled 990 billion 200 million yuan in 1-7 months, down 3.26% from the same period last year.

Since the beginning of June, the Sino US trade war has been continuously fermented and upgraded to textiles.

The export pressure has been enormous, while the US dollar has been stable and the RMB has accelerated depreciation in the same period. Especially since the middle of June, the central parity of RMB against the US dollar has depreciated from 6.4 to 6.85, and the depreciation rate has reached 7%.

How much the fundamentals affect the real nature of exports must be paid close attention to.

According to the monthly data, China's textiles in July

Exports of US $26 billion 950 million, an increase of 5.74% over the previous year, reached the highest level of export in the past 23 months, of which 10 billion 159 million US dollars in textile exports, an increase of 8.78% over the previous year, and 16 billion 792 million US dollars in clothing exports, an increase of 3.99% over the same period last year.

In addition, 1-7 months in 2018, our country

The total export volume of products was 27 billion 68 million US dollars, down 4.3% from the same period last year, and the number dropped by 1.9% over the same period last year.