The export situation of textile industry is grim

The export situation of textile industry is grim

Summary

The export situation of textile industry is grim.Due to the impact of COVID-19 and the global economic downturn, China's textile industry is facing a more severe internal and external situation .

According to the latest statistics of The General Administration of Customs of China, China's textile and garment exports amounted to 31.294 billion US dollars, with a sequential growth of 7.79%Among them, the export volume of textiles (including textile yarns, fabrics and products) was 15.9769 billion US dollars, down 1.11% from the previous month. The export volume of clothing (including clothing and accessories) was 15.317.5 billion US dollars, up 18.97 percent month-on-month