Exports Rebounded In December, And Export Performance Was Better Than Expected In 2019.

In the last month of 2019, the good expectation of the first phase agreement between China and the US led to the rapid rise of textile and garment exports. According to the data released by the General Administration of Customs of China, rapid growth was achieved in Renminbi and dollar terms in the month, and the total export volume increased by RMB in the year.


According to the RMB, exports amounted to 175 billion 320 million yuan in that month, up 9.3% from the same period (the same below), of which 77 billion 340 million yuan for textile exports, 12.8% for growth, 97 billion 980 million yuan for clothing exports, and 6.7% for growth. In 1-12 months, textile and apparel exports totaled 1 trillion and 873 billion 10 million yuan, an increase of 2.6%, of which 828 billion 320 million yuan of textile exports, an increase of 5.5%, clothing exports 1 trillion and 44 billion 690 million yuan, a slight increase of 0.3%.


In dollar terms, exports of textiles and clothing increased by US $24 billion 950 million in December, an increase of 7.9%, of which 11 billion 10 million US dollars in textile exports, an increase of 11.4%, and clothing exports 13 billion 950 million US dollars, an increase of 5.4%. In the 1-12 months, textile and apparel exports totaled 271 billion 570 million US dollars, down 1.9%, of which 120 billion 200 million US dollars in textile exports, a slight increase of 0.9%, and clothing exports 151 billion 370 million US dollars, down 4%.