CHINA: Textile and garment exports fall 9.5% in March
The value of China’s textile and garment exports fell 9.5% year-on-year in March, dragged down by lower apparel shipments, the latest figures show.
Data from the General Administration of Customs puts total textile and clothing exports at $11bn, a drop of 12.9% on February’s figures.
Textile exports rose 6.7% to $5.05bn compared with March last year. But the value of garment exports tumbled 19.8% year-on-year to US$5.96bn.
That said, China’s exports of textiles and garments in the first three months of the year are up 15.3% to $39.25bn.
During the first quarter, textile exports rose 26.6% to $15.2bn compared with the same period last year, while garment exports rose 9.1% to $24.04bn.
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