Exports Of Textiles And Clothing Fell 18% In The First Quarter, And Textile Exports Improved In March.
According to the statistics of the General Administration of customs, the total export volume of textiles and clothing in the first quarter of this year was 45 billion 264 million US dollars, down 17.7% compared with the same period last year (15.9% yuan in the same period last year). Among them, the total exports of textiles amounted to 22 billion 694 million US dollars, down 14.6% from the same period last year (12.7% in the year before RMB), and the total export volume of clothing was 22 billion 570 million US dollars, down 20.6% compared with the same period last year (18.9% in the year before RMB).
Looking ahead to the two quarter, China's textile industry is facing severe challenges in terms of "stable foreign trade" and "steady employment". The sudden cancellation or delay of overseas orders has brought high uncertainty to the operation of domestic textile enterprises, which have been resumed and reproduced, which are mainly embodied in various practical problems such as market demand, inventory and cash flow. It is necessary for the government, enterprises and industry organizations to make joint efforts and take various effective measures in time to win the "survival war" in the two quarter and enhance the resilience of the industry's future development.
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