China's textile and apparel exports in January-February totaled 301.36 billion yuan, up 44.7% (Table)
Release time:
2021-03-09
According to data released by China's General Administration of Customs on March 7, in the first two months of this year, against the backdrop of a low base effect caused by the epidemic in the same period last year, China's total goods trade exports and textile and apparel exports both achieved high-speed growth of over 40%.
Total value of national goods trade imports and exports in RMB: In the first two months of 2021, the total value of goods trade imports and exports was 5.44 trillion RMB, an increase of 32.2% year-on-year (the same below), of which exports were 3.05 trillion RMB, an increase of 50.1%, and imports were 2.38 trillion RMB, an increase of 14.5%.
Total value of national goods trade imports and exports in USD: In the first two months of 2021, the total value of goods trade imports and exports was US$834.49 billion, an increase of 41.2% year-on-year, of which exports were US$468.87 billion, an increase of 60.6%, and imports were US$365.62 billion, an increase of 22.2%.
Textile and apparel exports in RMB: In the first two months of 2021, the cumulative export of textiles and apparel was 301.36 billion RMB, an increase of 44.7%, of which textile exports were 144.44 billion RMB, an increase of 50.2%, and apparel exports were 156.92 billion RMB, an increase of 40.0%.
Textile and apparel exports in USD: In the first two months of 2021, the cumulative export of textiles and apparel was US$46.18 billion, an increase of 55.0%, of which textile exports were US$22.13 billion, an increase of 60.8%, and apparel exports were US$24.05 billion, an increase of 50.0%.
Note 1: The General Administration of Customs' statistics on textiles and apparel include: textile yarns, fabrics and products, clothing and clothing accessories. Note 2: The General Administration of Customs may adjust historical data; the above figures are calculated based on the latest data.
Under the impact of the global COVID-19 pandemic, the garment industry in India and Southeast Asian countries has been severely affected, with some orders shifting to China. The phenomenon of textile orders returning to China against the current has become a hot topic in the industry.
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In the first two months of this year, against the backdrop of the low base effect caused by the epidemic in the same period last year, China's total goods trade exports and textile and garment exports both achieved high-speed growth of over 40%. Cumulative exports of textiles and garments reached 301.36 billion yuan, an increase of 44.7%, with textile exports reaching 144.44 billion yuan, an increase of 50.2%, and garment exports reaching 156.92 billion yuan, an increase of 40.0%.
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