-Overview of national fabric exports

According to China Customs statistics, the national fabric import and export volume from January to September 2014 was 30.55 billion meters, a year-on-year increase of 1.7%, and the import and export volume was US$45.56 billion, a year-on-year increase of 2.3%. Among them, the export quantity was 28.04 billion meters, an increase of 3.2%; the export value was US$40.15 billion, an increase of 4%; the average export unit price was US$1.43/kg, an increase of 0.8% year-on-year. The import quantity was 2.52 billion meters, a decrease of 12.6%; the import value was US$5.41 billion, a decrease of 9.3%. The average unit price of imports was US$2.15/meter, a year-on-year increase of 3.8%.
1. Fabric exports grew slightly in September
In September 2014, national fabric exports totaled US$4.65 billion, a year-on-year increase of 5.6%. Exports to Asia were US$2.96 billion, a year-on-year increase of 4.6%, accounting for 60.8% of the total fabric exports to the world. Among them, exports to Bangladesh and South Korea increased by 9.4% and 15.1% respectively. Exports to Africa increased by 17.2% year-on-year, of which exports to Egypt, Benin, Togo and South Africa increased by 71.8%, 7%, 50.9% and 0.6% respectively. Exports to Latin America increased by 12.1% year-on-year, of which Brazil and Mexico increased by 21.3% and 24.9% respectively.
2. Fabric exports show signs of weakness along the southeastern coast, while the central and western regions show strength
A total of 31 provinces and cities across the country export fabrics, and exports of 8 provinces and cities declined. The export value of Zhejiang and Jiangsu on the southeast coast increased by 8.4% and 5.3% respectively year-on-year; Guangdong decreased by 4%. The export value of Guangxi, Chongqing, Guizhou and Gansu in the central and western regions increased by 395.3%, 66.3%, 114% and 35.8% respectively year-on-year.
3. The export prices of fabrics have increased
From January to September 2014, the export price of fabrics was US$1.43/meter, a year-on-year increase of 0.8%. The yarn export prices to the EU and Latin American markets were US$1.49/meter and US$1.12/meter respectively, down 3.6% and 0.9% year-on-year. The export unit prices of cotton cloth, silk woven fabrics, wool animal hair woven fabrics and chemical fiber woven fabrics all increased, reaching US$1.7/meter, US$5.8/meter, US$7.68/meter and US$1.13/meter respectively; an increase of 4% and 1.13 US dollars respectively. 1.4%, 3.2% and 2.4%.
4. Related links
1. Exports of products subject to Turkish safeguard measures from January to September 2014
From January to September 2014, China’s textile and apparel exports to Turkey were US$1.89 billion, a year-on-year increase of 6.3%, accounting for 0.85% of China’s total global textile and apparel exports, ranking 31st in China’s single export market. Among them, the export value of products under safeguard measures was US$870 million, a year-on-year increase of 10.9%, accounting for 46% of China’s total textile and apparel exports to Turkey.
Among the products under safeguard measures, fabric exports amounted to US$430 million, a year-on-year increase of 7.9%, accounting for 48.8% of China’s total exports of products under safeguard measures to Turkey. Clothing exports amounted to US$280 million, a year-on-year increase of 13.8%, accounting for 32.6% of China’s total exports of products subject to safeguard measures against Turkey.
2. Export of products under Indonesian safeguard measures
From January to September 2014, China’s textile and apparel exports to Indonesia were US$3.53 billion, a year-on-year increase of 9.8%, accounting for 1.6% of China’s total global textile and apparel exports. Ranked 15th in China’s single export market, among which, the export value of products (fabrics) subject to safeguard measures was US$30.985 million, a year-on-year decrease of 25.8%, accounting for 0.9% of China’s total textile and apparel exports to Indonesia.