-Overview of national yarn exports

According to China Customs statistics, the national yarn import and export volume from January to July 2014 was 3.914 million tons, a year-on-year increase of 5.8%, and the import and export volume was US$12.57 billion, a year-on-year decrease of 1.5%. Among them, the export quantity was 2.36 million tons, an increase of 11.3%; the export value was US$7.3 billion, an increase of 0.5%; the average export unit price was US$3.09/kg, a year-on-year decrease of 9.7%. The import quantity was 1.554 million tons, a decrease of 1.6%; the import value was US$5.27 billion, a decrease of 4.1%. The average unit price of imports was US$3.39/kg, a year-on-year decrease of 2.6%.
1. The amount of yarn exports increased slightly in July.
The trend of monthly export volume from January to July 2014 is as follows: it decreased in the first three months and began to increase in April. Except for a slight decrease of 0.9% in June, it continued to maintain a growth rate of 6.8% in July.
Among them, the export value of chemical fiber yarn in July was US$700 million, a year-on-year increase of 13.1%; the export value of cotton yarn was US$170 million, a decrease of 20.3%; the export value of wool and animal hair yarn was US$90 million, an increase of 13.5%.
2. From January to July 2014, exports to ASEAN, the EU, North America and Latin America all increased, while exports to Japan and South Asia declined.
From January to July 2014, the Asian market accounted for 69.1% of China’s yarn exports, with an export volume of US$5 billion, a year-on-year decrease of 3.1%. In the first seven months of this year, exports to ASEAN grew steadily, with the export volume reaching 355,000 tons, an increase of 32.3%, and the export value being US$1.15 billion, an increase of 17%. Among them, exports to Vietnam increased the most, with exports of US$560 million, an increase of 49.1%; exports to Malaysia, Indonesia and Cambodia all increased to varying degrees, with exports of US$90 million, US$170 million and US$100 million respectively, an increase of 5.5%. , 7.8% and 27.4%. Exports to Myanmar declined, with exports amounting to US$40 million, a decrease of 21.5%.
From January to July, China’s yarn exports to Hong Kong were US$1.21 billion, a decrease of 22%. Exports to South Asian countries India and Bangladesh both declined, with export amounts reaching US$360 million and US$500 million respectively, representing year-on-year decreases of 3.2% and 2.6% respectively. Exports to Pakistan increased, with export value reaching US$320 million, an increase of 3%.
From January to May, China’s yarn exports to Japan were US$240 million, a decrease of 1.3%; exports to North America increased, with an export value of US$340 million, an increase of 18.5%. Exports to the EU and Latin America were US$840 million and US$390 million, an increase of 10.7% and 5.2% respectively.
3. The export price of yarn has declined.
From January to July 2014, the export price of yarn was US$3.09/kg, a year-on-year decrease of 9.7%. Yarn export prices to Asia, the EU and Latin American markets were US$3.55/kg, US$2.82/kg and US$2.27/kg respectively, down 9.2%, 5.7% and 12% year-on-year. The export unit price of silk yarn increased, reaching 43.63 US dollars/kg, an increase of 21.3%; the export unit price of cotton yarn, wool animal hair yarn and chemical fiber yarn were 4.8 US dollars/kg, 31.45 US dollars/kg and 2.84 US dollars/kg, which decreased respectively. 2.9%, 4.8% and 9.3%.
​4. Related links:
1. Textile industry production data from January to July 2014
According to statistics from the National Bureau of Statistics, from January to July 2014, the national yarn output was 21.728 million tons, a year-on-year increase of 9.3%; the chemical fiber output was 25.191 million tons, a year-on-year increase of 7.4%; the cloth output was 3.955 million tons, an increase of 2.9%.
2. Domestic price index of textiles
According to the Keqiao Textile Index, the domestic textile price index closed at 104.56 points on August 25, 2014, an increase of 0.17% compared with the previous period. The price index for this period decreased by 1.28% compared with the beginning of the year.