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Monday, 02 November 2020 12:23

China’s apparel imports surge by 27 per cent

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As per General Administration of Customs of China (GACC) stats, the country’s apparel imports surged 27 per cent from January to September ’20 period to reach $6.45 billion compared to the same period of 2019. China’s apparel imports increased 13.26 per cent in September ’20 to $1.01 billion. Due to piled up inventories till August, the country reduced its textile imports which resulted in shipments declining by 3.20 per cent in January-September’20 period to $10.31 billion.

In overall textile imports, the country imported textile yarns worth $4.34 billion, while its imports of fabrics and other textile products amounted to $5.66 billion – in the first 9-month period of 2020. In September ’20, China’s import of textile yarns surged by 9.55 per cent to $535.34 million. This indicates that Chinese textile importers have started stocking up its inventories from September onwards.