Slowdown In Global Textile And Clothing Trade

In terms of exports, the growth rate of exports in September was generally slower than that of the previous period.

This is mainly due to the gradual recovery of the world economy since the second half of last year, resulting in a larger base year.

The export of textiles and garments in different areas is different. Vietnam, Thailand, Hongkong and Singapore are growing faster. Exports from Korea, China, Taiwan, mainland China and Japan have slowed down to varying degrees.

China Hongkong and Singapore maintain double-digit growth.

The growth rate in other countries is around 20%.

In the two major European and American import markets, the major commodities of the United States and the European Union, including textiles and clothing, imported better in August.

In the first 8 months, the total import and export volume of textiles and clothing increased by 14.5% in the United States. Although the total growth of the European Union was only 2.4%, the import situation has improved significantly in recent months, and gradually reduced to an increase.