Guangdong’s textile and apparel export growth slows down

The Guangdong Branch of Customs released statistics on May 15. From January to April, the total foreign trade import and export value of Guangdong Province was 1.81 trillion yuan, a decrease of 3.5% from the same period last year (the same below), and a further 0.7% decrease from the first quarter. percentage points, a decrease of 7.3% nationwide during the same period, accounting for 24.2% of the country’s total foreign trade value during the same period. Among them, exports were 1.11 trillion yuan, an increase of 1.8%, a national increase of 1.8% during the same period, accounting for 26.4% of the country’s total export value; imports were 0.7 trillion yuan, a decrease of 11%, a national decrease of 17% during the same period, accounting for 21.3% of the country’s total import value. %. In terms of export commodities, from January to April, Guangdong’s exports of eight major labor-intensive products, including textiles, clothing, bags, footwear, toys, furniture, plastic products and lamps, accounted for 218.61 billion yuan, accounting for 19.6%. The growth rate slowed down month by month. It grew by 21.3% in the first two months and 10.4% in the first quarter. The growth rate from January to April narrowed to 8.8%.