-Overview of national fabric exports

According to China Customs statistics, the national fabric import and export volume from January to October 2014 was 34.14 billion meters, a year-on-year increase of 2.7%, and the import and export volume was US$50.89 billion, a year-on-year increase of 3.3%. Among them, the export quantity was 31.34 billion meters, an increase of 4.5%; the export value was US$44.89 billion, an increase of 5.3%; the average export unit price was US$1.43/kg, an increase of 0.7% year-on-year. The import quantity was 2.8 billion meters, a decrease of 14.1%; the import value was US$6 billion, a decrease of 9.7%. The average unit price of imports was US$2.14/meter, a year-on-year increase of 5.2%.
1. Fabric exports increased in October
In October, the national fabric export volume was 3.31 billion meters, a year-on-year increase of 17.2%; the export value was US$4.76 billion, a year-on-year increase of 17.2%. Among them, the export value of silk woven fabrics was US$68.856 million, a year-on-year decrease of 2.2%; the exports of cotton, wool, animal hair woven fabrics and chemical fiber woven fabrics were US$1.31 billion, 60 million and 1.69 billion US dollars respectively, with increases of 13%, 48.6% and 18.3% respectively.
2. From January to October 2014, exports to ASEAN, the EU, North America and Latin America all increased, while exports to Hong Kong and Japan declined.
From January to October, Asia was the main market for China’s fabric exports, accounting for 63.1% of China’s fabric exports. The export volume was US$28.33 billion, a year-on-year increase of 3.5%. In the first 10 months of this year, export growth to ASEAN was relatively stable, with export volume of 6.97 billion meters, a year-on-year decrease of 1.2%; export value was US$11.82 billion, an increase of 8.5%. Among them, exports to Vietnam increased most significantly, with exports of US$5.57 billion, an increase of 19.5%; exports to Indonesia, Cambodia and Myanmar all increased to varying degrees, with exports of US$1.82 billion, US$1.31 billion and US$560 million respectively, an increase of 10.4%, 11.8% and 4.7%. Exports to Malaysia declined, with exports reaching US$720 million, a decrease of 6%.
From January to October, China’s fabric exports to Hong Kong were US$3.72 billion, down 8.5%. Exports to Bangladesh, India and Pakistan all increased to varying degrees, with export values ​​reaching US$2.7 billion, US$1.02 billion and US$1.5 billion respectively, with increases of 4.6%, 14.2% and 17.8%.
From January to October, China’s fabric exports to Japan were US$460 million, a decrease of 4.3%; exports to North America, the European Union and Latin America increased, with export amounts of US$1.65 billion, US$3.44 billion and US$4.42 billion respectively, an increase of 2.5% and 7.4% respectively. % and 9.8%.
3. The export prices of fabrics have increased
From January to October 2014, the export price of fabrics was US$1.43/meter, a year-on-year increase of 0.7%. The export price of fabrics to Asia was US$1.6/meter, a year-on-year increase of 2.7%; the export price of yarn to the EU and Latin American markets was US$1.49/meter and 1.12 yuan/meter, respectively, a decrease of 3.4% and 1%. 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$7.7/meter and US$1.1/meter respectively; an increase of 3.6%, respectively. 1.2%, 3.5% and 2.3%.
4. Related links
1. Exports of products subject to Turkish safeguard measures from January to October 2014
From January to October 2014, China’s textile and apparel exports to Turkey were US$2.07 billion, a year-on-year increase of 6.4%, 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$960 million, a year-on-year increase of 11.5%, accounting for 46.4% of China’s total textile and apparel exports to Turkey.
Among the products under safeguard measures, fabric exports amounted to US$470 million, a year-on-year increase of 8.2%, accounting for 49% of China’s total exports of products under safeguard measures to Turkey. Clothing exports amounted to US$310 million, a year-on-year increase of 15.4%, accounting for 32.3% of China’s total exports of products subject to safeguard measures against Turkey.
2. Export of products under Indonesian safeguard measures
From January to October 2014, China’s textile and apparel exports to Indonesia were US$3.88 billion, a year-on-year increase of 8.4%, accounting for 1.6% of China’s total global textile and apparel exports. Ranked 16th in China’s single export market, among which, the export value of products (fabrics) subject to safeguard measures was US$33.338 million, a year-on-year decrease of 26.9%, accounting for 0.9% of China’s total textile and apparel exports to Indonesia.