[In the first half of the year, my country's textile and apparel exports increased by 8.11% year-on-year]
Release date:[16:18:51] Read a total of [44] time

The General Administration of Customs released data on the 7th. In the first eight months of this year, the total value of my country's imports and exports of goods trade was 20.05 trillion yuan, down 0.6% year-on-year, and the rate of decline continued to narrow, approaching "positive". Specifically, my country’s exports in the first eight months were 11.05 trillion yuan, an increase of 0.8%; imports were 9 trillion yuan, a decrease of 2.3%; and the trade surplus was 2.05 trillion yuan, an increase of 17.2%. In August alone, my country's foreign trade imports and exports amounted to 2.88 trillion yuan, an increase of 6%. Among them, exports were 1.65 trillion yuan, an increase of 11.6%; imports were 1.23 trillion yuan, a decrease of 0.5%. This is also after July, exports achieved double-digit growth again.


   From April to August, exports of textiles and garments achieved growth for five consecutive months. With the gradual easing of the global epidemic and the decline in demand for epidemic prevention materials, the growth rate of textile exports in August slowed down compared with the previous period. The purchase demand for clothing in major markets rebounded, and clothing exports tended to improve, and the decline was significantly narrower than the previous period.


   Textile and apparel exports are calculated in US dollars:


From January to August 2020, the cumulative export of textiles and garments was US$187.407 billion, an increase of 8.11% (national merchandise trade exports fell by 2.3%), of which textile exports were US$104.798 billion, an increase of 33.43%, and the export volume reached the highest level in the same period in history; clothing exports were 826.09 Billion US dollars, down 12.86%, and the export volume hit the lowest level in the same period in the past ten years. Textile and clothing exports were significantly differentiated. Textiles have become a key driving force for the growth of textile and clothing exports from negative to positive.


In August, textile and apparel exports were 30.925 billion US dollars, a year-on-year increase of 16.85% (national goods trade exports increased by 9.5%), of which textile exports were 14.718 billion US dollars, an increase of 31.95%, and clothing exports were 16.207 billion US dollars, an increase of 3.13%, for the past 6 months Turned positive for the first time since.


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