According to the latest data released by the General Administration of Customs on 112, in US dollars, 12Monthly textile and apparel exports25.27 billion US dollars, year-on-year 7 months later It turned to positive growth again, with an increase of 2.6% and a month-on-month increase of 6.8%. Exports have gradually come out of the trough and stabilized for the better. Among them, textile exports increased by 3.5% and clothing exports increased by 1.9%. In 2023, the global economy will recover slowly due to the epidemic, and the economies of various countries will generally decline. Weak demand in major markets will lead to a reduction in orders, which will affect my country’s textile and apparel exports. Growth lacks momentum. In addition, factors such as changes in the geopolitical landscape, accelerated supply chain adjustments, and fluctuations in the RMB exchange rate have put heavy pressure on the development of textile and apparel foreign trade. In 2023 my country’s cumulative exports of textiles and clothing 293.64 billion, a year-on-year decrease of 8.1% , although it failed to exceed 300 billion billion, the decline was smaller than expected, and the export volume was still higher than 20192019 span>year.
From the perspective of export markets, my country still occupies a dominant position in the traditional markets of Europe, the United States, and Japan, and its export volume and proportion in emerging markets are also increasing year by year. The “One Belt, One Road” initiative has become a new growth point for exports. In 2023, my country’s textile and clothing export companies will pay more attention to brand building, global layout, intelligent transformation and green environmental awareness. The comprehensive strength and product competitiveness have been greatly improved. In 2024, with the further implementation of policies and measures to stabilize the economy and foreign trade, foreign demand gradually rebounds, trade becomes more convenient, and new foreign trade formats and new models accelerate the development, China’s textile and apparel industry Exports are still expected to maintain the current growth trend and reach new highs.
Textile and apparel exports in RMB：In 2023January-December, the cumulative exports of textiles and clothing were 2066.03 billion, higher than last year During the same period (the same below), it dropped by 2.9%, of which textile exports945.41 billion, down by3.1% , clothing exports 1120.62 billion, down 2.8%. In December, textile and clothing exports 181.19 billion, increased5.5%, a month-on-month growth of 6.7%, of which textile exports80.35 billion, growth6.4%, month-on-month growth 0.7%, clothing exports100.84 billion, growth4.7%, a month-on-month growth of 12.0%.
Textile and apparel exports in US dollars:2023YearJanuary to December, the cumulative exports of textiles and clothing293.64 billion, a decrease8. 1%, of which textile exports134.50 billion US dollars, a decrease of 8.3%, clothing exports159.14 billion US dollars, a decrease of 7.8%. In December , textile and clothing exports 25.27 billion, an increase 2.6%, month-on-month growth 6.8%, of which textile exports 112.1 billion US dollars, growth3.5%, month-on-month growth0.8%, clothing exports 14.07USD, an increase of 1.9%, a month-on-month increase of 12.1% .
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