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[The growth rate of national textile exports remained high in May, and the pressure on clothing exports was greater]
Release date:[2020/6/9] Read a total of[549]time

According to the statistics of the General Administration of Customs yesterday, from January to May this year, the total exports of textiles and clothing nationwide totaled 96.16 billion U.S. dollars, down 1.17% year-on-year (an increase of 2.16% year-on-year in RMB), and the decline was narrower than the previous four months. Percentage points (in RMB, the growth rate picked up 9.58 percentage points). Among them, the cumulative export of textiles was US$57.95 billion, an increase of 21.3% year-on-year (an increase of 25.5% year-on-year in RMB); the cumulative export of apparel was US$38.21 billion, a year-on-year decrease of 22.8% (a year-on-year decrease of 20.3% in RMB).


Contributions of mask exports increased in May, continuing to drive textile exports to maintain high growth


In May, China’s textile exports were US$20.65 billion, driven by the strong export of masks. This month’s textile exports increased significantly by 79.2% year-on-year (up 88.0% in RMB), and continued to maintain the high year-on-year growth rate of 51% last month Higher growth.


According to official statistics, from March 1 to May 31 this year, my country exported 70.6 billion masks and 340 million protective suits to 200 countries and regions around the world. Customs data shows that from January to April, my country's mask exports totaled 8.855 billion US dollars, and protective clothing exports totaled 801 million US dollars. Masks have become an important support for our industry's exports since this year.


Apparel export situation remains grim in the second quarter


In May this year, my country's clothing exports were US$ 8.91 billion, a year-on-year decrease of 24.4% (20.7% year-on-year in RMB terms), a drop of 3.3 percentage points from the previous month, but the overall situation is still at a historically low stage of greater downward pressure.


At present, the demand in major international consumer markets continues to be sluggish. For example, the retail sales of apparel and apparel in the United States in April fell sharply by 78.8% month-on-month, and fell sharply by 89.3% year-on-year. It is expected that my country's garment export situation will be more severe in the second quarter of this year.


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