In 2024, my country’s policies to stabilize the economy and foreign trade will continue to be vigorous. Driven by the rebound in overseas demand, more convenient trade, the accelerated development of new foreign trade formats and models, and the low base effect in the same period last year, my country’s textile and apparel exports in January-February Continuing the rebound trend in December last year, growth continued and the overall situation stabilized and improved.
According to the latest data released by the General Administration of Customs on March 7, in US dollars, the cumulative exports of textiles and clothing from January to February were US$45.09 billion, a year-on-year increase of 14.3%, of which textile exports were US$21.71 billion, an increase of 15.5%, and clothing exports were US$23.38 billion. , an increase of 13.1%, both exceeding the growth rate of national goods trade exports.
Despite the rapid growth, the export volume from January to February has not yet reached the level of the same period in 2022, which is still a restorative growth. At present, China’s textile and apparel foreign trade is still facing many uncertain factors, the foreign trade situation is still severe and complex, and the export performance in the next stage remains to be seen.
Textile and clothing exports in RMB: From January to February 2024, the cumulative exports of textiles and clothing were 320.53 billion yuan, an increase of 17.5% over the same period last year (the same below), of which textile exports were 154.33 billion yuan, an increase of 18.9%, and clothing exports were 166.2 billion yuan. An increase of 16.3%.
Textile and clothing exports in US dollars: From January to February 2024, the cumulative exports of textiles and clothing were US$45.09 billion, an increase of 14.3%, of which textile exports were US$21.71 billion, an increase of 15.5%, and clothing exports were US$23.38 billion, an increase of 13.1%.
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