Garment and clothing accessories exports stood at $21.677 billion in January-February 2023, which was 14.7 per cent lower than the same period of last year. The shipment was valued at $25.419 billion in the period under review. China's textile exports, including yarn, fabrics, and others, registered a fall of 22.4 per cent year-on-year to reach $19.164 billion in the first two months of 2023 against the exports of $24.690 billion in January-February 2022.
The imports of textile yarn and fabric products by China also declined by 33.2 per cent to $1.395 billion in January-February 2023 against the shipment of $2.087 billion during the corresponding period of last year.
China had exported textiles, apparel, and clothing accessories worth $323.344 billion in 2022, registering a mild growth of 2.53 per cent compared to the previous year. Last year, the country exported garment and clothing accessories worth $175.396 billion and textile including yarn, fabrics, and others worth $145.079 billion.
Fibre2Fashion News Desk (KUL)