中国纺织品进出口商会：上半年我国纺织服装出口同比微增0.8%

Core Viewpoint - China's textile and apparel exports in the first half of the year reached nearly $144 billion, showing a year-on-year growth of 0.8%, despite challenges from global consumption downturn and U.S. tariff policies [1][3][6]. Export Performance - The textile and apparel export value for the first half of the year was $1,439.8 billion, with textile exports at $705.2 billion (up 1.8%) and apparel exports at $734.6 billion (down 0.2%) [6][20]. - In June, textile and apparel exports amounted to $273.1 billion, a slight decrease of 0.1% year-on-year [6][20]. - The U.S. market saw a 5.1% decline in textile and apparel exports, while exports to the EU and Japan grew by 8.1% and 1.2%, respectively [6][14][17]. Impact of U.S. Tariff Policies - The U.S. imposed new "reciprocal tariffs" affecting nearly 70 countries, with rates varying by country, which has created significant uncertainty for Chinese exporters [1][7]. - The U.S. tariffs have led to a cautious approach from American buyers, resulting in a decrease in orders compared to the previous year [2][12]. Market Diversification - Despite challenges, there is a shift towards market diversification, with emerging markets in Africa and Latin America, as well as stable demand from the EU and Japan, providing positive momentum for exports [2][19]. - Exports to "Belt and Road" countries reached $830.8 billion, reflecting a year-on-year growth of 0.8% [19]. Regional Performance - Key regions such as Zhejiang, Jiangsu, Shandong, and Shanghai saw export growth, while Guangdong, Fujian, and Xinjiang experienced declines [22]. - In June, the export performance varied significantly across regions, with some regions showing resilience while others faced challenges [22]. Import Trends - Textile and apparel imports totaled $92.5 billion in the first half of the year, down 10.5% year-on-year, with significant declines in yarn and fabric imports [24][25]. - The import of cotton saw a dramatic decrease, with June imports at a 20-year low, reflecting broader trends in the textile supply chain [26].