The China Chamber of Commerce for Import and Export of Textiles revealed on the 4th that China’s textile and apparel trade volume increased by nearly 71% year-on-year in February 2018, during which China’s textile and apparel exports increased by approximately 85% year-on-year.
With the further stabilization of the international market, a low year-on-year base, and the Chinese textile companies rushing to concentrate shipments before the Spring Festival, China’s textile and apparel exports nearly doubled year-on-year in February, with a single-month increase of 36 A new high since last month, pushing China’s cumulative exports of textiles and apparel to resume rapid growth in the first two months of this year.
Among them, the main driver of the rapid growth of China’s textile and apparel exports in February was general trade. General trade exports increased by 102.3% year-on-year in February, contributing 90% to the overall export growth.
Among China’s textile and clothing exports in February, all major categories of commodity exports achieved rapid growth, but most of the growth was in volume, and export prices have not yet increased.
Exports from most provinces (cities, districts) in China achieved rapid growth in February. Among the top five provinces and cities, Zhejiang Province grew by 130% year-on-year, ranking first in both export volume and export growth.
It is worth mentioning that in February, China’s textile and clothing exports to the EU increased by 75.4% year-on-year, and the growth rate was second only to the United States among key markets. (Title: China’s textile and apparel trade volume increased by nearly 71% year-on-year in February)
AAA Functional Fabrics Network SVSGHRUTO
