Home breadcru News breadcru Trade breadcru  | China's textile & garment exports down 5.26% to $118 bn in Jan-May

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China's textile & garment exports down 5.26% to $118 bn in Jan-May

23 Jun '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • From January to May 2023, China's exports of textiles, clothing, and accessories declined by *.*% to $****.*** billion year-on-year, including a *.*% drop in garment exports.
  • Textile exports fell *.*% while textile imports decreased by *.*%.
  • In 2022, China's total exports in these categories grew by *.*%.

Despite a brief recovery in April ****, garment shipments slipped back into decline in May. From January to May ****, the export of garments and clothing accessories reached $**.*** billion, a *.* per cent decrease from the same period in ****. These exports were valued at $**.*** billion in the prior year. 

China&#**;s exports of textiles, such as yarn and fabric, fell *.* per cent year-on-year (YoY) in the first five months of ****, down to $**.*** billion from $**.*** billion in January-May ****

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