According to the latest statistics released by the General Administration of Customs today, in the first eight months of this year, the cumulative export value of textiles and garments across the country reached 197.27 billion US dollars, a slight decrease of 0.2% year-on-year. Among them, textile exports reached 94.51 billion US dollars, increasing by 1.6% year-on-year. Clothing exports reached 102.76 billion US dollars, a year-on-year decrease of 1.7%.

In terms of RMB, the cumulative export of textiles and garments in the first eight months reached 1,416.75 billion yuan, increasing by 0.8% year-on-year. Among them, the export of textiles was 678.75 billion yuan, growing by 2.6% year-on-year. Clothing exports reached 738 billion yuan, a year-on-year decrease of 0.7%.

This year, the pace of global economic recovery has been uneven. Major markets such as the United States and the European Union have maintained high interest rates. The recovery of consumption and import demand has been relatively slow. The trade policies and tariff adjustments in some countries have also affected the order acceptance of China's textile foreign trade enterprises. In addition, key factors such as international sea freight rates and the RMB exchange rate fluctuate frequently, exerting certain pressure on export costs and profit margins. Entering the third quarter, the performance of China's textile and apparel exports continued to differentiate: textile exports remained resilient, recording 12.39 billion US dollars in August alone, up 1.5% year-on-year. In contrast, clothing exports declined significantly. In August, exports reached 14.15 billion US dollars, a year-on-year decrease of 10%, with the decline rate expanding by 9.5 percentage points compared to July. Overall, the uncertainty in the international trade environment remains high, and the global export situation of textiles and garments may continue to fluctuate.

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