China and India Garment Export Rise 9.6% 2020

Despite the COVID-19 pandemic and global economic slowdown, textile and garment exports from China increased by 9.6 per cent year-on-year to $291.22 billion in 2020, data released by the ministry of industry and information technology showed.

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Category-wise, textile exports jumped 29.2 per cent year-on-year to $153.84 billion during the year. On the other hand, garment exports declined by 6.4 per cent to $137.38 billion, according to the data.

In December 2020 alone, textile exports from China increased by 12.6 per cent year-on-year to $12.29 billion. Apparel exports too rose by 2.8 per cent during the month to $13.91 billion.


Post time: Jan-27-2021