From January to November, China's textile and apparel exports amounted to $267.8 billion

According to the latest statistics released by the General Administration of Customs, China's cumulative exports of textiles and apparel from January to November this year reached $267.8 billion, marking a year-on-year decline of 1.9%. Among these, textile exports amounted to $130.01 billion, reflecting a year-on-year increase of 0.9% and maintaining a steady growth trend. In contrast, apparel exports totaled $137.79 billion, showing a year-on-year decrease of 4.4%, with the decline widening further.

In terms of RMB, from January to November, China's textile and apparel exports reached 1.9 trillion yuan, down 1.2% year-on-year. Among these, textile exports amounted to 931.33 billion yuan, up 1.7% year-on-year, while apparel exports totaled 987.26 billion yuan, down 3.7% year-on-year. In November alone, China's textile and apparel exports showed a rebound in growth compared to the previous month, with total exports reaching $23.87 billion, down 5.1% year-on-year. Among these, textile exports reached $12.28 billion, achieving a 1% year-on-year growth despite the high base, demonstrating strong resilience. Meanwhile, apparel exports amounted to $11.59 billion, down 10.9% year-on-year, although the decline narrowed by 5 percentage points compared to the previous month.

Recently, phased progress in China-U.S. economic and trade consultations, combined with overseas seasonal restocking demand, has provided some support for China's textile industry in terms of foreign trade exports. For the full year, textile and apparel exports are expected to remain resilient. However, in the medium to long term, structural risks of global inflation persist, and uncertainties such as geopolitical tensions, trade frictions, and non-tariff barriers will continue to disrupt global supply chains. Relevant enterprises must remain vigilant about potential downside risks.

It is recommended that textile foreign trade enterprises continue to monitor international developments and changes in key markets, while enhancing the resilience of their supply chains against risks. While steadily advancing the diversification of their international market presence, they should actively seize opportunities arising from domestic consumption upgrading, accelerate product innovation and channel optimization, improve the synergy between domestic and international markets, and build a sustainable development path.