Clothing exports in April 2023 decreased month-on-month

According to the latest data released by the General Administration of Customs, driven by China's continued efforts in stabilizing foreign trade policies, supply chain recovery, faster order delivery, and a lower base, China's textile and apparel exports in April continued to grow year-on-year in US dollar terms, although there was a slight month-on-month decline. Among them, clothing exports increased by 14.3% year-on-year, turning the cumulative clothing exports from negative to positive, and the overall decline in textile and apparel exports further narrowed.
 
Textile and apparel exports in RMB terms: From January to April 2023, the cumulative export of textile and apparel reached 638.3 billion yuan, an increase of 4.8% year-on-year (the same below). Among them, textile exports were 307.84 billion yuan, down 0.8%, and clothing exports were 330.46 billion yuan, up 10.6%.
 
In April, textile and apparel exports reached 176.03 billion yuan, up 17.4% year-on-year and down 2.2% month-on-month. Among them, textile exports were 87.41 billion yuan, up 12.1% and down 0.7% month-on-month, while clothing exports were 88.62 billion yuan, up 23.2% and down 3.7% month-on-month.
 
Textile and apparel exports in US dollar terms: From January to April 2023, the cumulative export of textile and apparel reached US$92.88 billion, down 2.9%. Among them, textile exports were US$44.81 billion, down 8%, and clothing exports were US$48.08 billion, up 2.5%.
 
In April, textile and apparel exports reached US$25.66 billion, up 9% and down 2.8% month-on-month. Among them, textile exports were US$12.74 billion, up 4.1% and down 1.3% month-on-month, while clothing exports were US$12.92 billion, up 14.3% and down 4.2% month-on-month.

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Output of dyed and printed fabrics from large-scale enterprises in the first quarter of 2023 decreased.

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US apparel retail sales continued to cool down in April.

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

On March 3, Wang Yongqing, Vice President of Xiamen CNOOC Group, visited Tongzhou Group for investigation and guidance. Wei Gangmin, Chairman of our company; Huang Hongyu, President; Li Tao, Vice President; and Zhang Zhiyan, Director of the General Office, met with and participated in a symposium.

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Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance
Tongzhou Cotton Market Brief, Week 1 of March 2025

Tongzhou Cotton Market Brief, Week 1 of March 2025

1) This week's National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC) in China boosted market expectations for steady growth. In February, the Purchasing Managers' Index (PMI) for manufacturing stood at 50.2%, up 1.1 percentage points from the previous month, indicating a significant improvement in the manufacturing sector.

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Tongzhou Cotton Market Brief, Week 1 of March 2025
In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's dyeing industry saw rapid export growth to ASEAN and RCEP member countries, exceeding the overall export growth rate. However, this growth was accompanied by a decline in prices. From January to December, China's exports of eight major dyeing products to ASEAN totaled 7.908 billion meters, a year-on-year increase of 12.14%, 4.61 percentage points higher than the overall export growth rate, accounting for 23.58% of total exports. The average export price was US\$1.19 per meter, a year-on-year decrease of 2.75%, 0.64 percentage points lower than the overall decline. Exports to RCEP member countries totaled 8.431 billion meters, a year-on-year increase of 11.35%, 3.82 percentage points higher than the overall export growth rate. The average export price was US\$1.17 per meter, a year-on-year decrease of 2.79%, 0.60 percentage points lower than the overall decline.

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In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.
President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

On February 28, Mr. Huang Hongyu, President of our company, was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference and, as a guest speaker at the "Xiangshan Roundtable," shared his views on the cotton market and trading opportunities.

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President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

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