From January To October This Year, China'S Textile And Clothing Exports Increased By 9.5%
According to the statistics of the General Administration of customs, from January to October this year, China's textile and clothing exports reached 240.63 billion US dollars, a year-on-year increase of 9.5% (in terms of RMB, a year-on-year increase of 11.7%). In the first ten months, China's textile exports reached US $129.61 billion, up 31.9% year-on-year (34.8% year-on-year in terms of RMB), and US $111.02 billion in clothing exports, a year-on-year decrease of 8.6% (in terms of RMB, a year-on-year decrease of 6.9%).
In the fourth quarter, as the main epidemic prevention materials, the contribution of masks to the export of the industry showed a weakening trend, and the growth rate of national textile export slowed down compared with that before. In October, China's textile exports reached 11.66 billion US dollars, a year-on-year increase of 15.9% (in terms of RMB, a year-on-year increase of 12.1%), a further decrease of 20 percentage points compared with the growth rate of last month. The export of clothing in the current month was 13.18 billion US dollars, up 6.8% year on year (3.2% in RMB terms). The export growth rate continued to increase by 0.3% compared with the previous month, maintaining the positive growth trend for three consecutive months since August.
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