Apparel / Textiles & Accessories

According to customs data, in dollar terms, under the influence of factors such as overstock in major markets, falling demand, and decreasing orders, the year-on-year and month on month declines in textile and clothing exports in October expanded, with clothing exports falling significantly, down 17% year on year.

According to customs data, textile and clothing exports are calculated in RMB: from January to October 2022, textile and clothing exports totaled 1800.7 billion yuan, an increase of 8.4% over the same period last year (the same below). Customs data show that textile exports totaled 825.95 billion yuan, an increase of 8.4%, and clothing exports totaled 974.75 billion yuan, an increase of 8.4%. In October, the export of textiles and clothing was 173.42 billion yuan, down 7.3% and 8.9% month on month,

According to customs data, textile exports reached 78.75 billion yuan, down 2.6%, 3.8% month on month, clothing exports reached 94.67 billion yuan, down 11%, and 12.7% month on month. Exports of textiles and clothing in US dollars: from January to October 2022, the total exports of textiles and clothing were 273.25 billion US dollars, an increase of 6.5%, including 125.66 billion US dollars of textiles exports, an increase of 6.8%, and 147.59 billion US dollars of clothing exports, an increase of 6.2%. According to the customs data, in October, the export of textiles and clothing was US $25.02 billion, down 13.6% and 10.8% month on month. Among them, the export of textiles was US $11.37 billion, down 9.1%, down 5.8% month on month, the export of clothing was US $13.65 billion, down 17% and down 14.6% month on month.