China's clothing exports fell in September 2024

According to the latest data released by the General Administration of Customs on October 14, in US dollar terms, affected by weak overseas market demand, a downturn in global manufacturing prosperity, RMB appreciation, and other unfavorable factors, textile and apparel exports in September decreased by 3.8% year-on-year and 11.3% month-on-month. Among them, textile exports decreased by 2.1%, and apparel exports decreased by 5.1%.
In the first three quarters of this year, China's cumulative textile and apparel exports totaled US$222.41 billion, up 0.5% year-on-year. Among them, textile exports amounted to US$104.3 billion, up 2.9%, and apparel exports amounted to US$118.11 billion, down 1.6%. Looking ahead to the fourth quarter, the sustainability of overseas demand recovery, trade protectionism and geopolitics these unfavorable factors will continue to exist. With the further weakening of the 'base effect', the growth of China's textile and apparel exports still faces significant challenges.

Textile and Apparel Exports in RMB terms:

From January to September 2024, the cumulative export of textiles and apparel reached 1581.65 billion yuan, a 2.2% increase year-on-year (same below). Among them, textile exports reached 741.71 billion yuan, up 4.8%, and apparel exports reached 839.94 billion yuan, remaining flat compared to last year.
In September, textile and apparel exports totaled 176.66 billion yuan, down 6% year-on-year and 11.4% month-on-month. Among them, textile exports totaled 80.18 billion yuan, down 4.4% year-on-year and 8% month-on-month, and apparel exports totaled 96.48 billion yuan, down 7.3% year-on-year and 14% month-on-month.

Textile and Apparel Exports in US dollar terms:

From January to September 2024, the cumulative export of textiles and apparel reached US$222.41 billion, up 0.5%. Among them, textile exports reached US$104.3 billion, up 2.9%, and apparel exports reached US$118.11 billion, down 1.6%.

In September, textile and apparel exports totaled US$24.78 billion, down 3.8% year-on-year and 11.3% month-on-month. Among them, textile exports totaled US$11.25 billion, down 2.1% year-on-year and 8% month-on-month, and apparel exports totaled US$13.53 billion, down 5.1% year-on-year and 14% month-on-month.

previous：

China's clothing exports from January to August 2024 showed year-on-year growth in volume.

next：

China's clothing exports fell in the first eight months of 2028, while home textile exports grew.

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