China's textile & apparel exports fall in June 2015

15 Jul '15

1 min read

The exports of textiles and apparel from China continued to show a downtrend and fell by 8.79 per cent year-on-year in June 2015, according to the latest data released by the General Administration of Customs.

Category-wise, textiles (including yarn, fabric and related products) exports were valued at $9.468 billion, registering an increase of 2.25 per cent year-on-year, while exports of apparel and clothing accessories declined by 3.09 per cent to $15.881 billion during the month, the data showed.

During the first half of this year, the value of China’s total textile and garment exports has crossed $125 billion, with textile and apparel exports accounting for around $50 billion and $75 billion respectively.

China’s textile and garment exports have been declining for the past few months. Due to the impact of weak global economy, the performance of China’s main textile and garment export markets is not ideal, according to experts. Although there is economic recovery in the US, difficulties still exist in Japan and the European market, resulting in continued slump in China’s textile and apparel exports. (RKS)

Fibre2Fashion News Desk - India

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