In December 2024, the retail trade revenue of clothing, shoes, hats, and knitwear in China amounted to around 162.9 billion yuan. This represented a slight decrease compared to the revenue generated in the same period of the previous year.
Textile and apparel industry in China
The textile industry in China has seen a rapid growth over the past two decades and has become one of the main pillars of China’s economy. Throughout 2023, the monthly textile production in China ranged around 2.8 billion meters. China was also the world's largest textile exporter. In 2023, clothing and clothing accessories with a total value of over 1.12 trillion yuan were exported from China, not considering the export of textile articles and textile yarns with a value of over 828 billion yuan. ANTA Sports Products, the leading textile and clothing manufacturer in China, reported total revenues of about 53.65 billion yuan in 2023.
Nonetheless, the textile industry in China is facing a major transition period. The loss of competitive advantages such as low labor costs and a favorable exchange rate leads to a shift in the market focus. While basic textile production is outsourced to regions with lower costs, China focuses more on specialized textile and fiber products. In terms of target markets, the domestic textile market in China has been gaining importance compared to international markets as well. In 2023, China’s apparel market recorded a sales value of over one trillion yuan.
Retail trade revenue of clothing, shoes, hats, and knitwear in China from December 2023 to December 2024
(in billion yuan)
*According to the source, figures for January and February have been grouped together to curb the influence of the Chinese New Year on the statistics. Chinese New Year falls between January and February.
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of January 2025).
According to the source, retail sales refer to the trade revenue of tangible goods not intended for business use traded from wholesale and retail companies to individuals or non producing social organizations. Figures include total revenues of the food and beverage service industry. During the survey, only wholesale companies with an annual revenue of 20 million yuan and above as well as retail companies with an annual revenue of five million yuan were questioned.
The source does not provide a release date. Therefore, the release date here is the date of data access.
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National Bureau of Statistics of China. (January 30, 2025). Retail trade revenue of clothing, shoes, hats, and knitwear in China from December 2023 to December 2024 (in billion yuan) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/226670/trade-revenue-of-clothing-in-china-by-month/?__sso_cookie_checker=failed
National Bureau of Statistics of China. "Retail trade revenue of clothing, shoes, hats, and knitwear in China from December 2023 to December 2024 (in billion yuan)." Chart. January 30, 2025. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/226670/trade-revenue-of-clothing-in-china-by-month/?__sso_cookie_checker=failed
National Bureau of Statistics of China. (2025). Retail trade revenue of clothing, shoes, hats, and knitwear in China from December 2023 to December 2024 (in billion yuan). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/226670/trade-revenue-of-clothing-in-china-by-month/?__sso_cookie_checker=failed
National Bureau of Statistics of China. "Retail Trade Revenue of Clothing, Shoes, Hats, and Knitwear in China from December 2023 to December 2024 (in Billion Yuan)." Statista, Statista Inc., 30 Jan 2025, https://www.statista.com/statistics/226670/trade-revenue-of-clothing-in-china-by-month/?__sso_cookie_checker=failed
National Bureau of Statistics of China, Retail trade revenue of clothing, shoes, hats, and knitwear in China from December 2023 to December 2024 (in billion yuan) Statista, https://www.statista.com/statistics/226670/trade-revenue-of-clothing-in-china-by-month/?__sso_cookie_checker=failed (last visited February 19, 2025)
Retail trade revenue of clothing, shoes, hats, and knitwear in China from December 2023 to December 2024 (in billion yuan) [Graph], National Bureau of Statistics of China, January 30, 2025. [Online]. Available: https://www.statista.com/statistics/226670/trade-revenue-of-clothing-in-china-by-month/?__sso_cookie_checker=failed