The Export Volume Of Domestic Textiles And Clothing Increased By 17.58% Year On Year In July

According to the statistics of the General Administration of customs, in July this year, China's textile and clothing exports to the world reached 33.22 billion US dollars, an increase of 17.6% year-on-year (23.6% in terms of RMB). Among them, the textile export was US $13.58 billion, with a year-on-year increase of 16.2% (in terms of RMB, a year-on-year increase of 22.2%), an increase of 8.2 percentage points over the previous month; Clothing exports reached 19.64 billion US dollars, up 18.5% year-on-year (24.7% year-on-year in terms of RMB), maintaining a good growth trend since May.

From January to July, China's textile and clothing exports reached US $189.35 billion, a year-on-year increase of 12.4% (in RMB terms, a year-on-year increase of 12.7%), an increase of 0.7 percentage points compared with the first half of the year. Among them, the textile export was 89.8 billion US dollars, with a year-on-year increase of 11.9% (in terms of RMB, the same year-on-year growth rate); Clothing exports reached US $99.56 billion, up 12.9% year-on-year (13.5% in RMB terms).

From September 2021 to July 2022, the cumulative export volume of China's textiles and clothing was 306.777 billion US dollars, with a year-on-year increase of 12.60%. Among them, the cumulative export volume of textiles was 142.381 billion US dollars, with a year-on-year increase of 10.03%; Clothing exports increased by 14.492 billion US dollars on a year-on-year basis.

At present, the domestic and foreign trade environment is still complex and severe, and the foreign trade development of China's textile and clothing industry is facing the pressure challenges brought by multiple unstable factors. Efficient and stable industrial chain supply chain and international competitive advantage are the important guarantee to promote the stability and quality improvement of China's textile and garment export. But at the same time, the change of epidemic situation, geopolitical risk, international order transfer and weak consumer demand will also comprehensively affect the foreign trade trend of China's textile industry in the next stage.