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China Recorded $176.19 bn Worth of Textile & Clothing Exports and Imports During January-July 2023

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  • In the first 7 months of this year, the total value of China’s textile and apparel imports and exports was 1,221.52 billion yuan ($176.19 billion).
  • According to the data released by China’s General Administration of Customs on August 8, China recorded $173.81 billion export-import trade in textile and apparel in the first seven months of this year (January-July 2023).
  • In the first seven months of this year, China’s total import and export value was 23.55 trillion yuan, a year-on-year increase of 0.4%. Among them, exports were 13.47 trillion yuan, a year-on-year increase of 1.5%; imports were 10.08 trillion yuan, a year-on-year decrease of 1.1%.

In the first seven months of this year, the total value of the country’s textile and apparel imports and exports was 1,221.52 billion yuan, of which the cumulative import of textile yarns, fabrics and their products was 44.33 billion yuan, a decrease of 9.3% over the same period last year; textile yarns, fabrics and their products The cumulative export of products was 546.05 billion yuan, a decrease of 5.7% over the same period last year; the cumulative export of clothing and clothing accessories was 631.14 billion yuan, a decrease of 2.1% over the same period of last year.

In terms of U.S. dollars, in the first seven months of this year, the country’s textile and apparel imports and exports totaled 176.19 billion U.S. dollars, of which textile yarns, fabrics and their products imported a total of 6.399 billion U.S. dollars, a decrease of 15.3% over the same period last year; textile yarns, fabrics and their products The accumulative export of products was 78.849 billion US dollars, a decrease of 11.9% over the same period last year; the accumulative export of clothing and clothing accessories was 90.942 billion US dollars, a decrease of 8.3% over the same period of last year.

From a month-on-month perspective, since July this year, China’s textile imports and clothing exports have both achieved single-digit growth. Among them, the total value of my country’s textile and clothing imports and exports in July was 201.56 billion yuan, of which the import of textile yarns, fabrics and their products was 7.57 billion yuan, an increase of 7.52% from the 7.04 billion yuan in June; the export of textile yarns, fabrics and their products was 79.78 billion yuan. 100 million yuan, a decrease of 1% from 80.59 billion yuan in June; the export of clothing and clothing accessories was 114.21 billion yuan, an increase of 5.9% from 107.5 billion yuan in June.

In terms of US dollars, the total import and export value of China’s textile and clothing in July was 28.172 billion US dollars, of which textile yarn, fabric and its products imported 1.057 billion US dollars, an increase of 4.73% from 1.007 billion US dollars in June; textile yarn, fabric and its products Exports were US$11.154 billion, a decrease of 3.7% from US$11.567 billion in June; exports of clothing and clothing accessories were US$15.961 billion, an increase of 3.3% from US$15.425 billion in June.

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