Compared to the previous year, China's textile and apparel (T&A) exports declined by 3.12 per cent Y-o-Y to $23.934 billion in April 2024. Data from Chinese Customs shows, China’s textile exports declined by 2.36 per cent Y-o-Y to $12.190 billion, while garment exports decreased by 3.90 per cent Y-o-Y to $11.744 billion.
In the first four months of 2024, the value of China’s cumulative exports of textiles and clothing registered a modest increase of 0.58 per cent Y-o-Y to $89.836 billion over the same period in the previous year. Textile exports from January to April increased by 1.19 per cent Y-o-Y to to $44.28 billion compared to the corresponding months in 2023. Meanwhile, apparel exports remained steady at $45.55 billion during the same timeframe.
The fluctuations in export figures reflect the dynamic nature of the global textile and apparel market and underscore the need for continuous adaptation and innovation within China's textile industry to maintain its competitiveness on the international stage.