China's textile and apparel exports increased year-on-year and month-on-month from January to May 2024

According to the latest data released by the General Administration of Customs on June 7, in May, positive factors such as robust external demand, increased orders from overseas importers, and continuous growth in trade volume of intermediate goods with ASEAN jointly contributed to the year-on-year turnaround and growth of textile and apparel exports. In US dollar terms, textile and apparel exports in May reached US\$26.13 billion, a year-on-year increase of 4.5%, an improvement of 7 percentage points over the previous month, and a month-on-month increase of 9.2%. Among them, textile exports increased by 8% year-on-year, a significant improvement of 10 percentage points over the previous month, and the growth rate exceeded that of national goods trade; clothing exports increased by 1.3% year-on-year, recovering by about 6 percentage points from the previous month, and increasing by 12.8% month-on-month.
Textile and apparel exports in RMB terms:
From January to May 2024, the cumulative export of textiles and apparel reached 822.91 billion yuan, an increase of 4.8% year-on-year (the same below), including 405.82 billion yuan in textile exports, an increase of 6.1%, and 417.09 billion yuan in clothing exports, an increase of 3.5%.
In May, textile and apparel exports reached 185.59 billion yuan, a year-on-year increase of 6.2% and a month-on-month increase of 9.2%, of which textile exports reached 91.52 billion yuan, a year-on-year increase of 9.8% and a month-on-month increase of 5.8%, and clothing exports reached 94.07 billion yuan, a year-on-year increase of 2.9% and a month-on-month increase of 12.8%.
Textile and apparel exports in US dollar terms:
From January to May 2024, the cumulative export of textiles and apparel reached US\$115.84 billion, an increase of 1.4%, including US\$57.13 billion in textile exports, an increase of 2.6%, and US\$58.72 billion in clothing exports, a year-on-year increase of 0.2%.
In May, textile and apparel exports reached US\$26.13 billion, a year-on-year increase of 4.5%, and a month-on-month increase of 9.2%, of which textile exports reached US\$12.89 billion, a year-on-year increase of 8.0% and a month-on-month increase of 5.7%, and clothing exports reached US\$13.25 billion, a year-on-year increase of 1.3% and a month-on-month increase of 12.8%.

previous：

Outlook for China's Textile Machinery Industry in Q2 2024

next：

Exports of household textiles and knitted and woven garments increased in both volume and value from January to April 2024.

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.

Details

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.

Details

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.

Details

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.

Details

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

Sorry，当前栏目暂无内容!

您可以查看其他栏目或返回 首页

Sorry，The current column has no content!

You can view other columns or return Home