According to the latest data released by the General Administration of Customs on March 7th, in US dollars, the cumulative export of textile and clothing from January to February was $45.09 billion, a year-on-year increase of 14.3%, both exceeding the growth rate of national goods trade exports.
Textile and clothing exports are calculated in RMB:
From January to February 2024, the cumulative export of textile and clothing reached 320.53 billion yuan, an increase of 17.5% compared to the same period last year. Among them, textile exports reached 154.33 billion yuan, an increase of 18.9%, and clothing exports reached 166.2 billion yuan, an increase of 16.3%.
Textile and clothing exports are calculated in US dollars:
From January to February 2024, the cumulative export of textile and clothing reached $45.09 billion, an increase of 14.3%, including $21.71 billion in textile exports, an increase of 15.5%, and $23.38 billion in clothing exports, an increase of 13.1%.
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 recovery growth. Currently, China's textile and clothing foreign trade still faces many uncertain factors, and the foreign trade situation is still severe and complex. The next stage of export performance still needs to be observed.