Data Of China'S Textile And Clothing Exports In The First 10 Months

Recently, the General Administration of Customs released the national textile and clothing export data from January to November 2024, which shows that China's export performance in this critical period shows a steady growth trend. According to the data, in the first 11 months of this year, the total export volume of textile and clothing reached 273.06 billion US dollars, up 2.0% year on year. Compared with the first 10 months, the growth rate increased by 0.5 percentage point. This data reflects the continuous competitiveness of China's textile and clothing industry in the international market, as well as the resilience and adaptability of China's export trade in the global economic fluctuations.

Specifically, the export performance of textile and clothing products has its own advantages. In terms of textile exports, the cumulative export volume from January to November was 128.84 billion US dollars, up 4.6% year on year, a significant increase, indicating the strong demand of China's textiles in the global market. This is mainly due to the advantages of China's textiles in quality, design and supply chain stability, which makes China's textiles maintain a high competitiveness in the global market. At the same time, with the gradual recovery of the global economy, especially the economic growth of emerging market countries, the demand for China's textiles is also increasing, further promoting the growth of textile exports.

In contrast, the performance of clothing exports is slightly stable. From January to November, China's clothing exports totaled US $144.22 billion, down 0.2% year on year. Despite certain market pressure, the overall performance of clothing exports is still stable, which is mainly due to the continuous efforts of Chinese clothing enterprises in product innovation, brand building and market expansion. At the same time, with the increase of global consumers' demand for high-quality and personalized clothing, China's clothing enterprises have also made remarkable achievements in meeting market demand and improving product added value, providing strong support for the steady growth of clothing exports.

In RMB terms, China's textile and clothing exports from January to November this year amounted to 1.94 trillion yuan, up 3.2% year on year. Among them, the textile export volume was 915.96 billion yuan, up 6.0% year on year; The clothing export volume was 1.03 trillion yuan, up 0.9% year on year. From the data of RMB pricing, the overall growth trend of China's textile and clothing exports is consistent with the data of US dollar pricing, which further verifies the stability and growth potential of China's textile and clothing export market.

Looking into the future, although the global economic situation is still complex and changeable, with the continuous innovation, transformation and upgrading of China's textile and clothing industry, and the continuous introduction of China's government's support policies for export trade, China's textile and clothing exports are expected to continue to maintain a stable growth.