China's textile & apparel exports up 3.5% in 2018

In 2018, textile exports from China fetched $119.10 billion, up 8.1 per cent year-on-year. The amount is the highest ever recorded, surpassing the 2014 record of $112.13 billion, the data showed.

For the first time since 2014, China’s apparel exports showed a slight increase of 0.3 per cent year-on-year, and earned $157.63 billion.

However, total textile and apparel exports were down 3.6 per cent year-on-year in December 2018 to $23.11 billion. Both textiles and apparel exports declined by 2.6 per cent and 4.4 per cent respectively to $9.88 billion and $13.23 billion. (RKS)

ALCHEMPro News Desk – India