China’s garment exports increased by 23% in the first nine months of the

The latest authoritative statistics show that in the first nine months of this year, China’s garment exports stood at US$115.24 billion, an increase of 23% year-on-year and an increase of 4.3% over the same period of last year.

During the period, the increase in Chinese apparel exports to the United States decreased by 14% over the same period of last year.

In the first nine months of this year, China's garment exports to the EU grew by about 28%, 7.6 percentage points higher than the same period of last year, and its share was approximately 29%; exports to the United States increased by about 14%, which was a 14% decrease from the same period of last year. 19%; exports to Japan increased by 24%, an increase of 23.5% over the same period of last year, with a share of 14%.

According to reports, Guangdong, Zhejiang, Jiangsu, and Shanghai are the top four provinces and cities for Chinese garment exports. The growth rate of exports is between 17% and 25%, and the overall situation is relatively good. In addition, Fujian ranks fifth, since the beginning of the year export growth has been steadily rising, an increase of up to 41%.

Industry analysts pointed out that in view of the future international market demand will slow down, which is not conducive to China's textile and apparel exports, the annual growth rate of the Chinese textile industry this year is expected to be basically the same as last year.