China's textile, garment exports up 28.3% in Aug
The export value of textiles and garments in China grew 28.3% year on year but fell 3.1% month on month to US$20.14 billion in August, according to the latest statistics from China's General Administration of Customs.
The export value of textile products was US$6.68 billion last month, up 29.5% year on year but down 7.1% month on month.
The value of garment exports was US$13.46 billion, up 27.8% year on year but down 26.2% from July.
In the first eight months of this year, the country's exports of textiles and garments increased 23.7% year on year to US$129.8 billion in total. The exports of textile products grew 32.3% year on year to US$49.51 billion during the period, while export of garments rose 19% to US$80.29 billion.
Industry analysts said that the country's textile and garment exports will continue to slow down in the fourth quarter due to the appreciation of the Chinese currency.
The export value of textile products was US$6.68 billion last month, up 29.5% year on year but down 7.1% month on month.
The value of garment exports was US$13.46 billion, up 27.8% year on year but down 26.2% from July.
In the first eight months of this year, the country's exports of textiles and garments increased 23.7% year on year to US$129.8 billion in total. The exports of textile products grew 32.3% year on year to US$49.51 billion during the period, while export of garments rose 19% to US$80.29 billion.
Industry analysts said that the country's textile and garment exports will continue to slow down in the fourth quarter due to the appreciation of the Chinese currency.
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