China's textile exports continue to fall in AprilRelease time: 2015-05-15 11:49
Standard Group (Hong Kong) Co., Ltd. Textile Trade Information: China's textile foreign trade exports continued to decline in April. According to previous data from the Chinese Customs, China ’s total exports of textiles and apparel in the first three months of this year were US $ 61.4 billion, an increase of 3.1% year-on-year, a growth rate of 2.6 percentage points higher than the same period of the previous year, but a decrease of 16.8 percentage points from the previous February .
The China Chamber of Commerce for Import and Export of Textiles revealed on the 8th that in April this year, China's textile and apparel exports had not improved and continued to fall sharply. According to the data released by the General Administration of Customs of China, in terms of US dollars, exports were US $ 19.88 billion in the month, a decrease of 16.3% year-on-year. Among them, China's textile exports fell 10.8% year-on-year, and China's clothing exports fell 20.8% year-on-year. In terms of RMB, China ’s textile and apparel exports in April were 122.24 billion yuan, down 16%.
According to analysis, China ’s textile and apparel exports declined in three of the first four months of this year, which led to a negative increase in China ’s cumulative exports of textiles and apparel in the first four months. In terms of US dollars, China ’s cumulative export volume of textiles and apparel in the first four months was US $ 79.64 billion, a year-on-year decrease of 2.7%, of which China ’s textile exports fell by 0.5% and apparel exports fell by 4.2%. In terms of RMB, China's cumulative export value of textiles and apparel was 488.34 billion yuan, a year-on-year decrease of 2.5%.
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