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Back|In the first three quarters, China’s total textile and apparel exports reached US$232.95 billion.
In the first three quarters, China’s total textile and apparel exports reached US$232.95 billion.
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中国新闻网·1 hour ago·Business·2 min read·🇨🇳China·

In the first three quarters, China’s total textile and apparel exports reached US$232.95 billion.

China's textile and apparel exports reached nearly US$30 billion in September, a record high for the same period in history

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  • The China Chamber of Commerce for Import and Export of Textiles announced on the 14th that China's total textile and apparel exports in the first three quarters of this year reached US$232.95 billion, a year-on-year increase of 5.1%.
  • Among them, exports in September were nearly US$30 billion, a record high for the same period in history, with a year-on-year increase of 21.5%.

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Why It Matters

Factors such as the rebound in overseas demand and the low base in the same period last year promoted China's significant growth in textile and apparel exports in September.

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China News Service, Beijing, October 14 (Reporter Ruan Yulin) China's textile and apparel exports performed well in September. The reporter learned from the China Chamber of Commerce for Import and Export of Textiles on the 14th that in the first three quarters of this year, China’s cumulative exports of textiles and clothing reached US$232.95 billion, a year-on-year increase of 5.1%.

The chamber of commerce said that driven by factors such as the rebound in overseas demand and a low base in the same period last year, China's textile and apparel exports grew significantly in September, with a year-on-year increase of 21.5%. The export volume was nearly 30 billion US dollars, a record high for the same period in history, driving China's cumulative export growth of textile and apparel from January to September to expand to 5.1%.

The latest data shows that in September, China's textile and clothing exports were US$29.66 billion, a year-on-year increase of 21.5%. Textiles and clothing achieved simultaneous rapid growth, of which textile exports were US$14.24 billion, a year-on-year increase of 19%, and clothing exports were US$15.42 billion, a year-on-year increase of 24%. From January to September this year, China's cumulative textile and apparel exports reached US$232.95 billion, a year-on-year increase of 5.1%, of which textile exports were US$112.26 billion, a year-on-year increase of 5.4%, and clothing exports were US$120.69 billion, a year-on-year increase of 4.8%.

The chamber of commerce said that in the face of the current complex and ever-changing external environment, textile and apparel companies can optimize market layout, diversify single market fluctuation risks, accelerate transformation and upgrading, and enhance product added value and brand competitiveness.

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  • ?Can textile and apparel exports maintain their growth trend in the fourth quarter?

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This article was originally published by 中国新闻网.

Quick Look

  • The China Chamber of Commerce for Import and Export of Textiles announced on the 14th that China's total textile and apparel exports in the first three quarters of this year reached US$232.95 billion, a year-on-year increase of 5.1%.
  • Among them, exports in September were nearly US$30 billion, a record high for the same period in history, with a year-on-year increase of 21.5%.

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Textile Import and Export Chamber of Commerce
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China Chamber of Commerce for Import and Export of Textiles
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Beijing
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Textile Import and Export Chamber of Commerce
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