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China reports 6.9% YoY growth in textile exports in Jan-Oct 2022

09 Dec '22
1 min read
Pic: humphery / Shutterstock.com
Pic: humphery / Shutterstock.com

China’s textile exports from January to October 2022 grew 6.9 percent year on year (YoY) to $125.7 billion, as per the country’s ministry of industry and information technology. The combined operating revenue of the country’s major textile enterprises increased 1.6 per cent YoY to top 4.28 trillion yuan (about $611.65 billion) during the January-October 2022 period.

China’s online retail sales of garment products increased by 5.3 per cent in the January-October 2022 period, compared to the corresponding period of previous year, according to the Chinese media reports.

The country’s apparel exports increased by 10.3 per cent YoY and were worth $130.4 billion.

Fibre2Fashion News Desk (DP)

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