Data Of General Administration Of Customs Of China: China'S Textile And Garment Export Has Achieved Growth For 5 Consecutive Months

On September 7, the General Administration of Customs of the people's Republic of China released the national cargo trade data from January to August 2020. From January to August, the total value of imports and exports of goods trade was 20 trillion yuan, down 0.6% over the same period last year (the same below). Among them, exports increased by 0.8% to 11 trillion yuan, and imports decreased by 2.3% to 9 trillion yuan. In August, the import and export of foreign trade reached 2.9 trillion yuan, an increase of 6%, including export of 1.7 trillion yuan, an increase of 11.6%, and import of 1.2 trillion yuan, a decrease of 0.5%.

From April to August, the export of textiles and clothing has achieved growth for five consecutive months 。 With the gradual alleviation of the global epidemic situation, the demand for epidemic prevention materials decreased, and the growth rate of textile export in August slowed down compared with the previous period. The purchase demand for clothing in the main markets rebounded, with a year-on-year growth of 5.2% and a month on month growth of 4.7%.

Textile and clothing exports are calculated in RMB: From January to August 2020, the cumulative export of textile and clothing was 1318.88 billion yuan, an increase of 11.6%, including 737.55 billion yuan of textile export, an increase of 37.8%, and the export of clothing was 581.33 billion yuan, a decrease of 10.2%.

In August, textile and clothing exports totaled 216.96 billion yuan, an increase of 22.6%, including 103.23 billion yuan of textile exports, an increase of 49.7%, and 113.73 billion yuan of clothing exports, an increase of 5.2%.

Textile and clothing exports are calculated in US dollars: From January to August 2020, the cumulative export of textile and clothing was 187.41 billion US dollars, an increase of 8.1% (the national trade of goods decreased by 2.3%), of which the textile export was 104.8 billion US dollars, an increase of 33.4%, and the clothing export was 82.61 billion US dollars, a decrease of 12.9%.

In August, the export of textile and clothing reached US $30.93 billion, an increase of 23.2% (China's exports of goods increased by 9.5%), of which textile exports reached 14.72 billion US dollars, an increase of 48.5%, and clothing exports of 16.21 billion US dollars, an increase of 6.6%.

Note: there is no single month data in January and February.