In the first 10 months of 2025, my country's total merchandise exports reached a record high of 22.12 trillion yuan, a year-on-year increase of 6.2%. However, behind this impressive performance, textile export enterprises are facing a crucial change: exports to the US have declined by double digits for seven consecutive months, falling back to levels seen seven years ago. With traditional major markets experiencing a downturn while overall foreign trade shows resilience, the textile export industry is standing at a crossroads of transformation, where new market development and product upgrading are key to breaking through the current predicament.

From Single Reliance to Diversified Development

For a long time, the US market has been a crucial battleground for my country's textile export trade. However, after the US's "reciprocal tariffs" policy took effect in April 2025, the export threshold to the US significantly increased. In the first 10 months, my country's exports to the US decreased by 17.1% year-on-year, and its share of total exports has dropped from nearly 20% to 11.4%. However, the lost market share is being filled by a broader global market, creating a "when one market is weak, another thrives" scenario.

In the European market, textile trade is showing steady growth. In the first 10 months, my country's exports to the EU increased by 8.4% year-on-year, with exports to major economies such as Germany, France, and Italy all maintaining growth rates above 7%. The high standards of product quality and environmental protection in the European market align perfectly with the transformation and upgrading direction of Chinese textile enterprises. Many companies focusing on high-end fabrics and functional textiles have seen increased orders, with some textile companies in Jiangsu province doubling their European order value compared to last year.

The ASEAN market has become an even more prominent "growth engine" for textile trade. In the first 10 months, my country's exports to ASEAN surged by 15.3% year-on-year, with total exports to Vietnam, Malaysia, Thailand, and the Philippines exceeding exports to the US. Behind this growth is the deep integration of regional industrial chains—intermediate products such as fabrics and yarns exported by Chinese textile companies to ASEAN countries are processed locally and then sold globally, forming a complementary and win-win trade ecosystem. Furthermore, the performance in the African market was equally impressive, with exports to Africa increasing by 27.2% year-on-year in the first 10 months, maintaining double-digit growth for eight consecutive months. Textiles and apparel, as essential consumer goods, experienced explosive growth in the African market.

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