According to the latest data released by the General Administration of Customs, China’s textiles and apparel exports saw rapid growth in October.

In CNY-denominated terms, China’s textiles and apparel exports totaled 1.76 trillion from January to October, up by 3% over the same period last year. Among them, textile exports reached 829.52 billion yuan, increasing by 5.8% year-on-year; apparel exports were 932.75 billion yuan, up by 0.7% year-on-year. In October, the textile and apparel exports amounted to 180.65 billion yuan, seeing a year-on-year increase of 8.5% and a month-on-month growth of 2.3%. Thereinto, textile exports reached 87.83 billion yuan, up 12.6% year-on-year; apparel exports were 92.82 billion yuan, up 4.9% year-on-year.

In US$-denominated terms, from January to October 2024, the cumulative textile and apparel exports totaled US$ 247.89 billion, seeing a year-on-year increase of 1.5%. Among them, textiles exports reached US$ 116.69 billion, up by 4.1% year-on-year; apparel exports were US$ 131.2 billion, declining by 0.7% year-on-year. In October alone, the textile and apparel exports amounted to US$ 25.48 billion, seeing a year-on-year increase of 11.9%. Thereinto, textile exports reached US$12.39 billion, up by 16.1% year-on-year; apparel exports amounted to US$ 13.09 billion, seeing a year-on-year growth of 8.1%.

Source: CHINA TEXTILE LEADER Express