Hebei apparel export value growth rate is considerable

April 04, 2020

Hebei apparel export value growth rate is considerable In January, Hebei Province exported 350 million U.S. dollars worth of clothing and clothing accessories, which accounted for 14% of the province’s total export value, and its export value increased by 63.2% year-on-year. Hebei's garment export growth rate is higher than the province's total export value growth rate of 46.7 percentage points.

According to statistics from Shijiazhuang Customs, in January, garments exported by Hebei Province in general trade accounted for 80% of total garment exports. Hebei's export value of garments in general trade reached US$280 million, an increase of 82.3% year-on-year; export value of garments by processing trade achieved US$0.6 billion, a year-on-year increase of 11.8%. At the same time, private enterprises have become the main force of exports and have grown substantially. In January, private enterprises in Hebei Province (including collectives, private companies, and individual industrial and commercial households) exported garments worth 290 million U.S. dollars, an increase of 91.5% year-on-year.

The exports of Shijiazhuang and Hengshui accounted for more than 70% of the total garment exports of the province. In January, Shijiazhuang City exported 130 million U.S. dollars of garments, an increase of 38.1% year-on-year; Hengshui City exported 120 million U.S. dollars, an increase of 1.3 times year-on-year. The combined export value accounts for 72% of the total export value.

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