China’s textile & garment exports rise 5.62% in Jan-Aug.

Exports of textiles and garments from China earned $187.41 billion during January-August 2020, registering year-on-year increase of 5.62 per cent, according to the data from the ministry of industry and information technology (MIIT).

Category-wise, textile exports shot up 31.99 per cent year-on-year to $104.8 billion, whereas apparel exports decreased by 15.74 per cent to $82.61 billion, the MIIT data showed.

In the month of August, textile exports soared 46.96 per cent year-on-year to $14.72 billion, while clothing exports rose marginally by 3.23 per cent to $16.21 billion.

The month of August showed the first increase in China’s apparel exports since the beginning of the year.