China'S Textile And Garment Export Volume In 2020

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According to the statistics of customs, in December 2020, China's export of textile yarn, fabric and products was US $12.290.9 billion; from January to December 2020, China's export of textile yarn, fabric and products was US $153.839.4 billion, with a year-on-year increase of 29.2%; and from January to December of 2019, China's export of textile yarn, fabric and products was US $119.036.3 billion.

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In December 2020, China's export of clothing and clothing accessories was US $13.910 billion; from January to December 2020, China's export of clothing and clothing accessories was US $13.782.3 billion, a year-on-year decrease of 6.4%; from January to December of 2019, China's export of clothing and clothing accessories was $146.7215 billion.

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In recent years, as a global clothing export country, with the gradual weakening of China's clothing industry cost advantage, coupled with the tense economic and trade relations between China and the United States, the export scale of China's clothing industry has declined. In 2020, the outbreak of the new crown epidemic in the global scope also makes the international market terminal clothing consumption demand weak, leading to obvious pressure on the clothing industry. From January to December 2020, China's clothing export is 137.4 billion yuan US dollar, a cumulative decrease of 6.4%, an increase of 3.8 percentage points compared with that in 2019.

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According to the data of the General Administration of customs, China's main export markets are the United States (17.2%), the European Union (15.7%), and ASEAN (14.4%). From January to February 2021, China's exports to major global markets have rebounded: exports to ASEAN increased by 43.2%; exports to EU increased by 51.9%; exports to the United States increased by 75.1%; exports to Japan also increased by 38.2%.

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To sum up, at present, the international macro situation is becoming increasingly severe, and various unstable and uncertain factors interweave, accelerating the domestic textile enterprises to face the survival of the fittest and industrial adjustment; the Xinjiang cotton ban was fermented again at the enterprise level, and the United States and the European Union, as the main export places of China's textile and clothing, will certainly affect everyone's concerns about the later demand; in the long run, if It is clear that the expansion of Xinjiang cotton ban from the United States to the main body of the European Union will further impact the market sentiment; some domestic brands in the future may increase the use of Xinjiang cotton, and help the textile and garment industry to accelerate the construction of "internal circulation" development pattern.