The World Trade Organization (WTO) released the “2020 World Trade Statistics Review” report that in 2019, the world textile trade volume fell 2.4% year-on-year to USD 305 billion, and the apparel trade volume fell 0.4% to USD 492 billion. The Sino-US trade war is one of the reasons for the
In the second quarter, with the relative improvement of the domestic COVID-19 pandemic, the resumption of work and production of enterprises accelerated, the textile terminal market demand has rebounded, and the decline in major operating indicators such as production, investment and quali
From January to June, the industrial added value of enterprises above designated size in China’s textile industry fell by 6.7% year-on-year, which was 9.8 percentage points narrower than the first quarter. The industrial textile manufacturing industry was driven by the surge in demand for
Through research, it is found that the global textile and apparel trade trend has undergone significant changes in the past 10 years. As a traditional textile and apparel exporting country, China’s export proportion has begun to decline, while the proportion of textile and apparel exports
In recent years, the global textile and apparel trade trend has changed. As the largest textile and apparel exporter, China occupies an important position in the industrial chain. Due to changes in international relations and the rise of textile and apparel industry chains in Vietnam, Bang
In June 2020, a month marked by some relaxation of COVID-19 containment measures in many member states, the seasonally adjusted volume of retail trade increased by 5.2 percent, compared with May 2020, in the EU. This means that retail trade volume has returned to the levels recorded in Feb