Textile and apparel exports continued to rebound in October. According to data released by the General Administration of Customs, exports in October were 143.16 billion yuan in RMB, a year-on-year increase of 0.2%. Among them, the main driving force for growth came from textiles, with textile exports reaching 60.66 billion yuan, a year-on-year and month-on-month increase of 6% and 1.2% respectively. Clothing exports are still in a downward trend, and the decline has expanded. The export volume for the month was 82.5 billion yuan, a decrease of 3.7%, and the decline was 2.9 percentage points larger than that in September.
From January to October, the cumulative exports of textiles and clothing were 1.50044 billion yuan, an increase of 4.9%, of which textile exports were 612.41 billion yuan, an increase of 7.5%, and clothing exports were 888.03 billion yuan, an increase of 3.2%.
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