According to customs statistics, in the first half of the year, China’s apparel exports totaled USD 51.08 billion, a year-on-year decrease of 19.4%. In the month of June,China’s apparel exports were USD 12.87 billion, a year-on-year decrease of 10.3% and a month-on-month increase of 40.5%. From February to June, China’s monthly apparel exports fell by 63.6%, 22%, 27.9%, 24.9% and 10.3% year-on-year, respectively, and the decline has shown a narrowing trend since May.
From the perspective of the international market, in May, major market economies restarted. In May, apparel retail sales in the United States and the European Union surged by 188% and 130.7% month-on-month respectively. The United Kingdom increased by 17.6% month-on-month, and Japan’s apparel retail sales increased by 41.9% month-on-month. New orders for summer apparel drove a recovery in China’s apparel exports in June and a month-on-month growth.