In August, China'S Clothing Exports Ushered In The First Month Of Positive Growth This Year!

A few days ago, China Customs released the express data: In August, the clothing export in August was 16.21 billion US dollars, with a year-on-year increase of 3.23%. It was the first time that the monthly positive growth resumed after 7 months of negative growth in the year!

According to the data of China Customs express, from January to August 2020, China's textile and clothing exports reached US $187.41 billion, an increase of 8.11% year-on-year, 2.55 percentage points higher than that from January to July. Among them, textile export was US $104.8 billion, with a year-on-year growth of 33.4%. The cumulative export of clothing was US $82.61 billion, a year-on-year decrease of 12.9%, a decrease of 3.7 percentage points compared with January July.

Data display, August month With the continuous promotion of anti epidemic textiles such as masks, China's textile export volume reached 14.72 billion US dollars, an increase of 46.96% year-on-year; Clothing exports reached 16.21 billion U.S. dollars, up 3.23% year-on-year. It was the first time for the year to return to positive monthly growth after seven months of negative growth.

According to the data released by the customs, with the effective prevention and control of the new pneumonia epidemic in China and the gradual recovery of the domestic demand market, the decline rate of the main economic indicators of China's clothing industry, such as production, sales and efficiency, has further narrowed. From January to July 2020, the clothing output of garment enterprises above designated size was 11.439 billion, a year-on-year decrease of 13.42%, and the decrease rate was 0.27 percentage points lower than that of the first half of the year; the operating revenue was 700.592 billion yuan, with a year-on-year decrease of 15.01%, and the decrease rate was 1.38 percentage points lower than that of the first half of the year; the total profit was 29.497 billion yuan, with a year-on-year decrease of 26.28%, and a decrease of 1.06 percentage points compared with the first half year.