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China clothing exports dip vs 2022

China’s clothing exports in 2023 amounted to $159.14 billion, down 7.8 percent YoY compared to 2022, but up 8.5 percent increase compared to 2019. The year saw fluctuations in monthly exports, with significant declines in January and February due to the Spring Festival and a high base year. March and April showed double-digit growth as businesses resumed operations and backlogged goods were shipped. Exports continued to decline from May to October due to weak international demand. However, November and December saw a narrowing of the export decline, driven by cross-border e-commerce during the holiday season.

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