According to Chinese customs data, growth within the Chinese textile and garment export sector is still in decline. The main reason for the slowdown is weaker demand caused by economic turmoil in the global markets.

Textile and apparel exports for the first eight months of 2008 totalled $119 billion, up 9.15% year-on-year. Textile exports grew 22% to $44 billion, while clothing exports rose 3% to $75 billion. However, growth rates were down 9% and 20%, respectively, year-on-year.

Traditionally a boom month for the garment sector, August saw apparel and accessories sales fall 1% to $13 billion on an annual basis.

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