SUMMARY
 
The production and export situation of Textile & Garment & Footwear in March 2023 has improved compared to the previous month. However, cumulatively in Q1/2023, exports of the whole industry recorded the deepest decline since 2009. Business results of enterprises in the industry are affected when customers cut orders, factories operate below capacity, workers have reduced working hours, or are even laid off.
 
Although there were some positive signals in March compared to the previous 2 months, according to representatives of some enterprises, the recovery of the industry in Q2 & 3 may be slower than many forecasts at the beginning of the year. In addition, the reopening of China's economy can promote the early recovery of the yarn group but also pose many challenges for garment enterprises in 2023.
 
TABLE OF CONTENTS
 
A. GENERAL PERCEPTION
 
B. OVERVIEW
Production situation
Industry trade balance
Structure of export commodity groups & monthly movements
Export market structure & monthly movements
Proportion & export growth of the FDI sector
Commodity structure & import market 
 
C. DETAILS OF EXPORTS OF EACH ITEM
Textile and Garment
Footwear
Yarn & Textile
Handbag, Wallet, Hat
Raw material & Fabric blind, Technical fabric