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According to the statistical update of the General Administration of Customs, from January to May this year, the export value of textiles and garments in China reached 116.67 billion US dollars, increasing by 1.0% year-on-year. Among them, the export of textiles was 58.48 billion US dollars, increasing by 2.5% year-on-year. Clothing exports reached 58.2 billion US dollars, a year-on-year decrease of 0.5%.
In terms of RMB, the export value of textiles and garments in China from January to May was 838.33 billion yuan, increasing by 2.1% year-on-year. Among them, the export of textiles was 420.14 billion yuan, increasing by 3.7% year-on-year. Clothing exports reached 418.19 billion yuan, increasing slightly by 0.6% year-on-year.
At present, textile exports continue to grow, while garment exports remain under pressure. The international market still shows a differentiated trend, and external uncertainties are constantly rising. Facing multiple challenges such as the adjustment of the global trade pattern, the intensification of economic and trade frictions between China and the United States, and the rise of green trade barriers, textile foreign trade enterprises should enhance their adaptability to the complex external environment and high-standard economic and trade rules, improve the stability and flexibility of the industrial chain and supply chain, accelerate the pace of optimizing the product structure, and promote the leap to the medium and high end of the value chain. On the basis of consolidating key markets such as Europe and the United States, further focus on key regions such as RCEP and the "Belt and Road Initiative". In combination with its own resource endowments and market characteristics, gradually improve the channel network and local service support, and enhance the market response efficiency and comprehensive guarantee capacity. At the same time, seize the opportunities of the global digital economy transformation, actively explore the integration paths of new business forms such as cross-border e-commerce and overseas warehouses, cultivate new drivers of foreign trade, and consolidate the internal foundation for export growth.
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