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Cumulative Exports Remained Relatively Stable In The First Three Quarters, And The Impact Of Us And Canada Taxes Began To Show.

2019/10/15 10:54:00 0

The First Three QuartersSino US TradeImport And Export

In the first three quarters, under the circumstances of frequent economic and trade frictions and uncertainties in China and the United States, the overall export of textile and clothing was stable and there was no ups and downs. According to statistics from China Customs, the total export volume of RMB was 1 trillion and 381 billion 980 million yuan, a small increase of 2.4%, of which 609 billion 370 million yuan for textile exports, 5.3% for growth, 772 billion 610 million yuan for clothing exports, and 0.3% for growth. In the US dollar, the total export of US $201 billion 950 million was 2.7% lower than the previous year, due to the exchange rate difference. Among them, textile exports amounted to 89 billion 160 million US dollars, down 0.1%, clothing exports 112 billion 790 million US dollars, down 4.7%.


From the monthly export perspective, the impact of the United States on the total tariff increase has begun to show. In the first 8 months, the monthly export growth and decline have been broken. Both in Renminbi and in US dollars, September has continued to decline in August. In Renminbi, exports amounted to 171 billion 760 million yuan in the month, down 5.6%, of which 68 billion 380 million yuan for textile exports and 103 billion 380 million yuan for clothing exports, all down 5.6%. In dollar terms, exports amounted to $24 billion 520 million in the month, down by 7.6%, of which textile exports were 9 billion 760 million US dollars, down 7.8%, and clothing exports were US $14 billion 760 million, down 7.5%.
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