China's clothing exports in July 2024 saw a year-on-year decrease.

The latest data released by the General Administration of Customs on August 7 shows that textile and garment exports in July fell unexpectedly sharply despite a low base. In US dollar terms, textile and garment exports in July amounted to US\$26.8 billion, turning from positive to negative growth year-on-year, decreasing by 0.5%. The negative growth in exports was mainly dragged down by the decline in garment exports, with garment exports declining by 3.6% year-on-year in July, while textile exports increased by 4% year-on-year. Preliminary analysis shows that the main reason for the decline in garment exports is the rapid decline in export prices. In the second quarter, the overall export price of garments fell by 9.3%, and the downward trend continued into the third quarter.
From January to July, cumulative textile and garment exports increased by 1.1% year-on-year, with textile exports increasing by 3.3% and garment exports declining by 0.8%.

Textile and garment exports in RMB terms:

From January to July 2024, cumulative textile and garment exports totaled 1206.82 billion yuan, an increase of 3.7% year-on-year (same below), of which textile exports were 574.53 billion yuan, an increase of 6%, and garment exports were 632.29 billion yuan, an increase of 1.6%.
In July, textile and garment exports totaled 190.69 billion yuan, down 1.5% year-on-year and 2% month-on-month. Of this, textile exports were 82.14 billion yuan, up 3% year-on-year and down 5.6% month-on-month, while garment exports were 108.55 billion yuan, down 4.6% year-on-year and up 0.9% month-on-month.

Textile and garment exports in US dollar terms:

From January to July 2024, cumulative textile and garment exports totaled US\$169.84 billion, up 1.1%, of which textile exports were US\$80.86 billion, up 3.3%, and garment exports were US\$88.98 billion, down 0.8%.

In July, textile and garment exports totaled US\$26.8 billion, down 0.5% year-on-year and 2.2% month-on-month. Of this, textile exports were US\$11.54 billion, up 4% year-on-year and down 5.8% month-on-month, while garment exports were US\$15.25 billion, down 3.6% year-on-year and up 0.7% month-on-month.
 

previous：

Bangladesh and Turkey's garment exports decreased year-on-year in 2024

next：

The home textile industry's domestic market saw steady growth in the first half of 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