China's share of global apparel export value 2000-2022
In 2022, China accounted for 31.7 percent of the global clothing export value, representing a decrease from 32.8 percent in 2021. China remained the world's largest apparel exporting country that year.
The world’s factory
China was considered the world’s factory for decades, especially for the production of machinery and industrial products. Each year, over three trillion U.S. dollars worth of goods were shipped from China to the rest of the world. As the world’s largest merchandise exporter, China accounted for 14.42 percent of global goods exports in 2022. Furthermore, China was the origin of more than 30 percent of the world’s apparel exports, more than all 28 EU counties combined. China’s apparel export industry benefited from its cheap labor costs and the lowering of the trade barrier. However, China’s apparel exports faced many uncertainties in recent years, resulting from increasing production costs and fierce global competition.
Amid the pandemic
The outbreak of coronavirus brought negative effects to China’s apparel exports in 2020. The international demand of clothing plunged due to the ongoing lockdown. In 2020, China’s export value of garments and accessories was worth 137.4 billion U.S. dollars, representing an 8.6 percent loss compared to the previous year.