The Export Earning Capacity Of The Textile And Garment Industry Has Exceeded 60% Of The Total Trade Surplus.

According to customs statistics, China's textile trade surplus was US $44 billion 276 million in the first 5 months of this year, the clothing surplus was US $48 billion 350 million, and the contribution rate to the national trade surplus was 33.9% and 37.1%, respectively, with a total contribution rate exceeding 70%. Combined with the overall performance in the first half of this year, the textile and garment industry's export earning capacity is outstanding, and the contribution rate to the national goods trade surplus is expected to exceed 60%.

According to the Customs General Statistics Bulletin, with the customs statistics, the total export volume of textiles and clothing in the first half of this year amounted to 124 billion 230 million US dollars, down 2.37% from the same period last year (3.51% yuan over the same period last year), and the growth rate slowed down 0.6 percentage points compared with the first quarter. Among them, the total export volume of textiles was US $58 billion 620 million, an increase of 0.66% over the same period (6.71% yuan over the same period last year), and the total export volume of clothing was 65 billion 610 million US dollars, down 4.93% from the same period last year (0.82% in the year over year).

In June this year, the total export volume of textiles in the same month was 10 billion 310 million US dollars, down 3.24% from the same period last year (3.85% yuan over the same period last year); clothing exported 14 billion 340 million US dollars in the same month, down 2.73% compared with the same period last year (4.51% in the year over year). Industry experts said that from the current impact, the textile industry is generally controllable, export toughness is still there.