China’s First-Quarter Light-Industry Exports Fall 2.63%

What’s new: China's light-industry exports declined in the first quarter as Europe and the U.S. battled the threat of recession and consumption slowed. Shipments of everyday consumer goods are an important barometer of China’s total exports.

In the 2023 first quarter, exports by China’s light industry fell 2.63% year-on-year to $207.48 billion, according to the China Chamber of Commerce for Import & Export of Light Industrial Products & Arts-Crafts.