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According to the statistics of the General Administration of Customs, in the first quarter of this year, the national export of textiles and clothing 67.23 billion US dollars, a year-on-year decrease of 6.7%(in terms of yuan year-on-year slightly increase of 0.7%), the decline was narrower than the fourth quarter of last year, showing a month-on-month trend of good. Among them, textile exports were 32.07 billion US dollars, down 12.1% year on year (down 5.1% year on year in RMB); Garment exports were $35.16 billion, down 1.3% year-on-year (up 6.7% in RMB terms).
In March, China's exports of textiles and clothing to the world reached USD 26.39 billion, with a year-on-year growth rate exceeding expectations by 20%(a year-on-year growth rate of 28.9% in RMB terms), and the month-on-month growth rate turned from negative to positive. Among them, the export of textiles was US $12.91 billion, up 9.5% year on year (17.6% year on year in RMB); The export of clothing reached US $13.49 billion, up 32.3% year on year (42.1% year on year in RMB terms), which was 17.5 percentage points higher than that of the national export of goods.
According to the relevant departments, the steady improvement of China's foreign trade market in March reflects that the majority of foreign trade enterprises give full play to their vitality, initiative, and actively seize orders and expand the market. In particular, the large number and strong flexibility of private enterprises have played a positive role in stabilizing the scale and improving the structure of foreign trade. According to the customs information, since the middle and second half of February this year, the import and export of ten days have maintained positive growth, driving the overall growth rate from a slight decline in the first two months to growth, and in March, China's export of heavy containers increased by 10.5% year-on-year.
In March, the growth rate of China's textile and garment exports changed from negative to positive, which fully demonstrates the resilience of the textile industry dominated by private enterprises and the international competitive advantage of the whole industrial chain. At present, the global economic environment is still not optimistic, many countries fall into the risk of economic recession, weak external demand, insufficient orders, geopolitical risks and other factors are still a period of time for the industry and foreign trade faced with realistic challenges. At the same time, this year's difficulties are partly global. For example, Vietnam, as one of the countries with rapid export growth of textile industry in recent years, the export volume of textile and clothing in the first quarter of this year decreased by 18.6%, and the same month in March decreased by 12.9%, and the situation of subsequent foreign trade orders is not optimistic. To sum up, our industry should give full play to its comparative advantages and maintain the stability of international market share.
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