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The export situation of China's textile and garment industry in the first half of the year!
Recent data shows that in the first half of this year, the operation of China's textile industry remained basically stable. Despite heavy pressure, exports maintained growth, and the resilience of development was consolidated and released.
In terms of exports, China's textile foreign trade enterprises, leveraging their competitive advantages throughout the entire industrial chain and their international layout, have promptly adjusted their business layouts, responded to changes in the external environment, and focused on defusing foreign trade risks. In the first half of the year, the total export value of China's textile and apparel products reached 143.98 billion US dollars, up by 0.8% year-on-year. Among the exported products, the export of intermediate goods such as chemical fiber staple fibers, textile yarns and fabrics showed a good growth trend, driving the export value of textiles to reach 70.52 billion US dollars in the first half of the year, an increase of 1.8% year-on-year. However, due to relatively weak overseas demand and the impact of the US tariff policy, the pressure on China's clothing exports has increased. The export value in the first half of the year was 73.46 billion US dollars, a year-on-year decrease of 0.2%. Among the major export markets, the growth rate of China's textile and apparel exports to the United States has slowed down relatively quickly. The export value in the first half of the year decreased by 5.3% year-on-year. Foreign trade enterprises have been actively expanding their diversified market layout, and their exports to trading partners such as the European Union, the United Kingdom, South Korea, Canada, Pakistan, Chile, and Nigeria have achieved good growth.
