From January to November this year, the country’s textile and apparel exports totaled US$268.56 billion, a year-on-year decrease of 8.9% (a year-on-year decrease of 3.5% in RMB). The decline has narrowed for four consecutive months. The industry’s exports as a whole have maintained a stabilizing and recovering trend, demonstrating strong development resilience. . Among them, textile exports were US$123.36 billion, a year-on-year decrease of 9.2% (a year-on-year decrease of 3.7% in RMB); clothing exports were US$145.2 billion, a year-on-year decrease of 8.6% (a year-on-year decrease of 3.3% in RMB). In November, my country’s textile and apparel exports to the world were US$23.67 billion, a year-on-year decrease of 1.7% (a year-on-year decrease of 0.5% in RMB). Among them, textile exports were US$11.12 billion, a year-on-year decrease of 0.5% (a year-on-year increase of 0.8% in RMB), and the decline narrowed 2.8 percentage points from the previous month; clothing exports were US$12.55 billion, a year-on-year decrease of 2.8% (a year-on-year decrease of 1.6% in RMB) ), the decline narrowed by 3.2 percentage points from the previous month.

At present, although the external environment is still relatively complex and severe, the positive factors for the development of my country’s foreign trade continue to increase, and the development trend of stability and improvement continues to be consolidated. Since entering the fourth quarter, stubborn inflation in Europe and the United States has cooled down, forming a relatively stable downward trend. At the same time, as the destocking of international brands comes to an end, overseas markets have entered the traditional sales season, and consumer demand has been released. In the first 10 months of this year, the decline in our industry’s textile and apparel exports to the US and European markets narrowed significantly compared with the first half of this year. Among them, the single-month export volume to the US has maintained a year-on-year positive growth of more than 6% for two consecutive months. During the same period, my country’s exports of textiles and clothing to countries jointly building the “Belt and Road” further expanded by 53.8%. Among them, exports of textiles and clothing to the five Central Asian countries increased significantly by 21.6% year-on-year, exports to Russia increased by 17.4% year-on-year, and exports to Saudi Arabia increased year-on-year. 11.3%, and exports to Turkey increased by 5.8% year-on-year. The diversified international market layout of our industry is gradually taking shape.