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China’s garment export decline 8.8% from Jan-Oct’23


Weak international orders caused China’s garment exports to decline by 8.8 per cent between January and October this year, as per the China Chamber of Commerce for Import and Export of Textiles. 

As per the report, in the first 10 months of the year, China exported clothes worth $133.5 billion. It the first six months of the year, its exports sank by 6.1 per cent Y-o-Y. In October, apparel exports dipped 0.7 per cent from the same period in 2019, compared with a surge of 17.6 percent in the first six months from 2019

China’s apparel exports to the Western Countries declined by 15.3 per cent during the first ten months of the year ended October 31, 2023 from $77.3 billion during the same period last year. This accounted for 57.9 per cent of the country’s total clothing exports, a contraction of 4.5 percentage points from the previous year.

China’s garment exports to countries along the Belt and Road route surged by 3.1 per cent Y-o-Y from January to Octobe $38.3 billion. Its exports to Kazakhstan and Tajikistan increased by 70.8 per cent and 45.2 per cent, respectively, while those to Africa soared 15.7 per cent to $7.3 billion.



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