From January to July, my country's textile and clothing exports fell by 9.97% year-on-year

    According to the latest data released by the General Administration of Customs on August 8, my country's textile and garment exports declined again in July under the influence of falling external demand, reduced orders and the high base last year. In terms of US dollars, textile and clothing exports in July fell by 18.3% year-on-year, a drop greater than the national trade in goods. From January to July, the cumulative year-on-year decrease was 10%, and the rate of decline expanded by 1.7 percentage points from the previous month. From the perspective of export commodity categories, due to the decrease in orders for end consumer goods, textile exports continued to shrink. Exports fell by 17.8% year-on-year and 3.6% month-on-month. Clothing exports did not continue the recovery trend in June. Exports in that month fell by 18.7% year-on-year and increased by 3.5% month-on-month. The accumulative declines of textiles and clothing in the first seven months were further expanded compared with the previous month.