Shandong textile and apparel yarn exports increased

Summary:

With the reduction of raw material costs, orders for foreign customers that can be accessed by textile companies are increasing. At the same time, due to the seasonal influence of textiles, foreign customers mostly concentrated on orders in the third quarter and slightly increased in October. However, due to the fact that the overall environment of the international market has not fundamentally improved, the amount of orders in the coming months is not optimistic. Driven by the recovery of the textile and clothing industry in the third quarter, in September and October of this year, Shandong textile yarn exports hit a record high, exporting 880 million U.S. dollars and 820 million U.S. dollars respectively. However, from the statistical analysis of the previous ten months, Shandong textile yarn, fabrics and products have a total export value of 8.19 billion US dollars, which is 8.3% lower than the same period of last year.

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