In 2024, facing the complex and ever-changing development environment at home and abroad, my country's textile industry fully demonstrated its development resilience and actively exerted the effectiveness of the country's series of stock and incremental policies. The overall economic operation situation was stable, and the main operating indicators rebounded compared with the previous year.
Exports, investment and some quality and efficiency indicators showed positive changes, and market confidence and development expectations improved. Looking forward to 2025, the development environment facing the textile industry is still complex and there are many risks and challenges. It is still necessary to continue to consolidate the foundation for stable and positive development and continue to make positive contributions to the steady growth of the national economy.
In 2024, the overall demand in the international market was weak, the trade environment risk was high, and the foreign trade situation of the textile industry was relatively severe. However, my country's textile industry continued to deepen the transformation and upgrading of foreign trade, and its international competitiveness was steadily released, and exports achieved positive growth throughout the year. Among them, due to concerns about the risks of the Sino-US trade environment, some companies "rushed to export" in the fourth quarter, causing the growth of exports in that quarter to accelerate.
According to the China Customs Express data, the total export volume of my country's textiles and clothing in 2024 was US$301.1 billion, a year-on-year increase of 2.8%. Among them, the export value of textiles was US$141.96 billion, a year-on-year increase of 5.7%, and the export value of clothing was US$159.14 billion, a year-on-year increase of 0.3%. my country's textile and clothing exports to major markets were generally good, but the performance was differentiated. Exports to major trading partners such as the United States, the European Union, and ASEAN showed good growth, while exports to markets such as Japan, Turkey, and Russia showed negative growth.
