Fri. Apr 19th, 2024

According to provisional export statistics released from the General Administration of Customs, P.R.C., June 2020 exports of textiles and apparel grew by 17.8% over the same month of last year to US$29,031.5 million. As in May, face masks, which are included in the category of textiles, contributed to June exports, but the increase in June exports was 8.9 percentage points smaller than the growth in May exports.

June exports of textiles climbed 56.7% to US$16,156.8 million, but the growth was 22.4 points smaller than in May.

June exports of apparel (including apparel accessories) fell 10.3% to US$12,874.7 million, thus falling for the fifth consecutive month. The fall in June apparel exports was 14.2 points smaller than May exports.

Textile and apparel exports during January-June 2020 increased by 3.1% year-on-year to US$125,187.7 million: textiles, US$74,103.3 million (up 27.8%) and apparel, US$51,084.4 million (down 19.4%).

By daisen