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Saturday, 27 March 2021 14:09

China’s apparel exports grow by 50% during Jan-Feb’21

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The apparel and accessory exports of China grew by 50 per cent Y-o-Y during January-February 2021, reports the General Administration of Customs, China (GACC).

As per the statistics, China exported $ 24.05 billion worth of garments and accessories in January-February ’21 period as compared to $16.03 billion in the corresponding period of 2020.

The surge has been witnessed despite a lot of factories remaining shut due to Chinese New Year holidays that fell in February.

As far as textile export of China is concerned, it valued $22.13 billion in the first two months of 2021 as compared to $13.76 billion in the first two months of 2020, noting 60.80 per cent yearly increase.

Of total textile exports, fabrics contributed $9.64 billion; yarns valued $ 1.96 billion and other textile products clocked $10.53 billion.

China concluded 2020 with its textile exports reaching $153.84 billion – growing 29.20 per cent on yearly basis – and garment and accessories exports contracting by 6.40 per cent to $ 137.38 billion.