This year, in the face of the changes in the global clothing trade pattern and the intensification of supply chain risks caused by the US's additional tariffs, China's clothing export industry has demonstrated strong resilience. According to statistics from China's customs, from January to June, China's cumulative exports of clothing (including clothing accessories, the same below) reached 73.46 billion US dollars, a slight decrease of 0.2% year-on-year. The decline rate continued to narrow compared with the previous month. From the perspective of monthly exports in the first half of the year, there were significant fluctuations in January and February due to the Spring Festival. However, since March, the overall export operation has been stable.

Export situation

The export volume has increased while the price has dropped

From January to June, the export of woven garments reached 31.11 billion US dollars, increasing slightly by 0.5% year-on-year. The export volume was 7.12 billion pieces, increasing by 7.5%. The unit price of exports decreased by 6.5%. The export of knitted garments was 33 billion US dollars, a decrease of 0.9%. The export volume was 11.68 billion pieces, increasing by 8.1%. The unit price of exports decreased by 8.3%. The export of clothing accessories reached 6.98 billion US dollars, increasing by 0.7% year-on-year.

The trends of various product categories are differentiated

From January to June, the exports of overcoats/cold-proof clothing, trousers, shirts, sweaters and gloves grew rapidly, increasing by 5.8%, 6.2%, 0.7%, 10% and 1.8% respectively. Exports of dresses/skirts, underwear/pajamas, knitted T-shirts and corsets decreased by 6.2%, 5.8%, 11.4% and 11.1% respectively.

The EU's leading gains offset the decline in the US

From January to June, China's exports to Western developed economies (the United States, Canada, Europe, the United Kingdom, Japan, Australia and New Zealand) reached 41.08 billion US dollars, up 3.3% year-on-year. Among them, the export of clothing to the United States was 15.34 billion US dollars, a decrease of 3.6%, accounting for 20.9%. Exports to the European Union reached 13.76 billion US dollars, increasing by 11.3% and accounting for 18.7%. Exports to Japan reached 5.49 billion US dollars, increasing by 1.6%, accounting for 7.5%. Exports to the UK reached 2.49 billion US dollars, an increase of 15.9%. Exports to Canada reached 1.39 billion US dollars, an increase of 11.8%. Exports to Australia were 2.31 billion US dollars, a decrease of 4.3%.

From January to June, China's exports to the countries along the Belt and Road Initiative reached 31.34 billion US dollars, a year-on-year decrease of 3.9%, accounting for 42.7%. Exports to ASEAN were 6.63 billion US dollars, a decrease of 15.9%, accounting for 9%. Exports to the five Central Asian countries reached 4.65 billion US dollars, a significant decrease of 26.3%. Exports to South Korea reached 3.2 billion US dollars, increasing by 6.6%. Exports to Russia were 1.68 billion US dollars, a decrease of 1.6%. Exports to Latin America reached 4.87 billion US dollars, increasing by 13.8%. Exports to Africa reached 4.26 billion US dollars, increasing by 12.3%. Exports to the six Gulf Cooperation Council (GCC) countries reached 2.12 billion US dollars, a decrease of 5.6%.

In June, China's global clothing exports increased by 1.1% year-on-year, among which exports to the United States dropped by 8.6%, with the decline narrowing compared to the previous month. China's combined exports to non-US markets increased by 4.1%, among which exports to the European Union rose by 11.3%. Exports to Japan increased by 6.9%. Exports to ASEAN dropped by 14.7%.

The export prices of provinces and cities vary greatly

From January to June, Zhejiang, Guangdong, Jiangsu, Shandong and Xinjiang ranked the top five regions for clothing exports. Exports from Zhejiang, Jiangsu and Shandong were 18.19 billion, 9.4192 billion and 10.7% respectively, increasing by 7.4%, 3.4% and 10.7% year-on-year. Exports from Guangdong and Xinjiang were 9.94 billion and 6 billion US dollars respectively, decreasing by 9.9% and 10.6% respectively. Among other major regions, Fujian, Hebei, Sichuan and Hunan saw significant declines in exports, dropping by 16.2%, 10.8%, 38% and 22.4% respectively. Exports from Hubei and Guangxi saw a significant increase, growing by 19.2% and 16.7% respectively.

Vietnam's market share in the United States exceeds that of China

From January to May, China's share of US clothing imports was 17.2%, a year-on-year decrease of 3.4 percentage points. Vietnam's share of the US market was 17.9%, surpassing China for the first time and becoming the largest source of US clothing imports. From January to May, China's share of the EU's clothing imports was 26%, an increase of 1.6 percentage points. China's share of Japan's clothing imports was 47.2%, a decrease of 2 percentage points.

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