Home breadcru News breadcru Import/Exports breadcru China's apparel exports surge 51.7% in January-April 2021

China's apparel exports surge 51.7% in January-April 2021

29 May '21
1 min read
Pic: Azamat Imanaliev / Shutterstock.com
Pic: Azamat Imanaliev / Shutterstock.com

In a clear indication of growing global demand for China-made apparel, exports of clothing and accessories from the country surged 51.7 per cent year-on-year to $44.41 billion in the first four months of 2021, according to data from the General Administration of Customs. Yarn and fabric exports too grew 18 per cent to $43.96 billion during the same period.

However, imports of yarn and fabrics dipped slightly by 0.5 per cent during the same period to $5.04 billion.

In the month of April 2021 alone, apparel and accessories exports fetched $11.12 billion for China, while textile yarns, fabrics and related products earned $12.15 billion. During the month, imports of textile yarns, fabrics and related products stood at $1.47 billion.

Last year, despite the COVID-19 pandemic and global economic slowdown, textile and garment exports from China increased by 9.6 per cent year-on-year to $291.22 billion in 2020, according to data from the ministry of industry and information technology. Category-wise, textile exports jumped 29.2 per cent year-on-year to $153.84 billion, while garment exports declined by 6.4 per cent to $137.38 billion.

ALCHEMPro News Desk (RKS)

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