-Overview of national fabric exports

According to China Customs statistics, the national fabric import and export volume from January to March 2014 was 8.77 billion meters, a year-on-year increase of 6.2%, and the import and export volume was US$12.75 billion, a year-on-year increase of 2.7%. Among them, the export quantity was 8.11 billion meters, an increase of 8%; the export value was US$11.39 billion, an increase of 5.2%; the average export unit price was US$1.4/kg, a year-on-year decrease of 2.6%. The import quantity was 660 million meters, a decrease of 12.4%; the import value was US$1.36 billion, a decrease of 14.4%. The average unit price of imports was US$2.07/meter, a year-on-year decrease of 2.3%.
1. Fabric exports decreased in March.
In March, the national fabric export volume was 1.79 billion meters, a year-on-year decrease of 34.2%; the export value was US$2.75 billion, a year-on-year decrease of 30.1%. Among them, the export value of cotton cloth, silk woven fabrics, wool animal hair woven fabrics and chemical fiber woven fabrics were 760 million US dollars, 40 million US dollars, 30 million US dollars and 980 million US dollars respectively, with decreases of 33.4%, 40.1%, 29.8% and 27.3% respectively.
2. From January to March 2015, exports to ASEAN, Latin America and North America increased, while exports to Hong Kong, Japan and the EU declined.
From January to March, Asia was the main market for China’s fabric exports, accounting for 64.5% of China’s fabric exports. The export volume was US$7.35 billion, a year-on-year increase of 8.1%. In the first three months of this year, exports to ASEAN grew relatively steadily, with the export volume reaching 1.97 billion meters, a year-on-year increase of 13.1%; the export value was US$3.32 billion, an increase of 15.7%. Among them, exports to Vietnam increased most significantly, with exports of US$1.6 billion, an increase of 31.1%; exports to Indonesia, Cambodia, Malaysia and Myanmar also increased to varying degrees, with export values ​​of US$490 million, US$350 million, US$220 million and US$150 million respectively. , an increase of 2.6%, 9.3%, 23.1% and 8% respectively.
From January to March, China’s fabric exports to Hong Kong were US$870 million, a decrease of 4.7%. Exports to Bangladesh, India and Pakistan all increased to varying degrees, with export values ​​reaching US$770 million, US$410 million and US$250 million respectively, representing increases of 6.8%, 6.3% and 36%.
From January to March, China’s fabric exports to Japan were US$110 million, a decrease of 11.4%; exports to Latin America and North America increased, with export amounts of US$1.03 billion and US$480 million respectively, an increase of 5% and 14.3% respectively. Exports to the EU declined, with exports reaching US$880 million, a decrease of 8.7%.
3. The export price of fabrics has dropped significantly
From January to March 2015, the export price of fabrics was US$1.4/meter, a year-on-year decrease of 2.6%. The export price of fabrics to Asia was US$1.57/meter, down 1.1% year-on-year; the export price of yarn to the EU and Latin American markets was US$1.44/meter and 1.1 yuan/meter respectively, down 4.2% and 3.9% respectively. The export unit price of chemical fiber woven fabrics increased, reaching 1.14 US dollars/meter, an increase of 1.2%; the export prices of cotton cloth, silk woven fabrics and wool animal hair woven fabrics were 1.68 US dollars/meter, 5.62 US dollars/meter and 7.33 US dollars/meter respectively. Decreased 1%, 1.6% and 9.3%.
4. Related links
1. Exports of products subject to Turkish safeguard measures from January to March 2015
From January to March 2015, China’s textile and apparel exports to Turkey were US$450 million, down 11.8% year-on-year, accounting for 0.8% 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$200 million, a year-on-year decrease of 9.6%, accounting for 44.4% of China’s total textile and apparel exports to Turkey.
Among the products subject to safeguard measures, fabric exports were US$90 million, a year-on-year decrease of 15.1%, accounting for 45% of China’s total exports of products subject to safeguard measures to Turkey. The value of clothing exports was US$60 million, a year-on-year decrease of 9.3%, accounting for 30% of China’s total exports of products subject to safeguard measures against Turkey.
2. Export of products under Indonesian safeguard measures
From January to March 2015, China’s textile and apparel exports to Indonesia were US$980 million, a year-on-year increase of 1.1%, accounting for 1.6% of China’s total global textile and apparel exports. Ranked 17th in China’s single export market, among which, the export value of products (fabrics) subject to safeguard measures was US$6.945 million, a year-on-year decrease of 23.3%, accounting for 0.7% of China’s total textile and apparel exports to Indonesia.