According to the latest data from the General Administration of Customs, in June, the export value of textiles and garments was 27.31 billion US dollars, a slight decrease of 0.1% year-on-year. Among them, the export value of textiles was 12.05 billion US dollars, a decrease of 1.6%, and a decrease of 4.6% month-on-month. The export value of garments was 15.27 billion US dollars, an increase of 1%, and a decrease of 12.4% month-on-month. From January to June, the cumulative export of textiles and garments reached 143.98 billion US dollars, increasing by 0.8%. Among them, the export of textiles was 70.52 billion US dollars, growing by 1.8%, while the export of garments was 73.46 billion US dollars, decreasing by 0.2%.

On a monthly basis, the export of textiles and garments has gradually slowed down after experiencing rapid growth in March. The year-on-year growth rate of exports from April to June was lower than that of the national goods trade. The main reason for the slowdown in export growth is that the "reciprocal tariff" policy of the United States on a global scale has had a significant impact on the textile and garment industry chain. Although our company accelerated the processing of orders and arranged for shipment as requested by importers during the "window period" when the US tariffs were suspended, which boosted the growth of clothing export data in May and June, the slowdown in exports to the US from ASEAN and South Asia led to a decline in the import demand for yarn and fabric, which held back the overall export.

Looking ahead to the second half of the year, the trade relationship between China and the United States remains complex and fragile. The uncertainty of bilateral trade still exerts considerable pressure on exports. However, the diversification strategy of our textile and garment export markets has achieved results. Exports to Europe, Japan and other markets have remained relatively stable, and exports to emerging markets along the Belt and Road Initiative such as Brazil, Chile, Saudi Arabia and Nigeria have also grown to varying degrees.