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-A brief overview of cotton yarn imports across the country



According to Chinese customs statistics, from January to August this year, my country’s yarn imports were US$6.22 billion, a year-on-year increase of 4.5%, of which cotton yarn imports were the main import, wit…

According to Chinese customs statistics, from January to August this year, my country’s yarn imports were US$6.22 billion, a year-on-year increase of 4.5%, of which cotton yarn imports were the main import, with an import value of US$4.46 billion, a year-on-year increase of 8.9%. Accounting for 25.8% of the country’s total textile and clothing imports.
1. my country’s cotton yarn imports continued to grow in August 2015.
In the overall sluggish environment of the textile and garment industry, my country’s cotton yarn imports remain unabated. In the first eight months, my country’s cotton yarn import volume increased and prices fell. From January to August, cotton yarn import volume was 1.607 million tons, an increase of 24.2%. Among them, there was a decline only in February. The remaining months all increased to varying degrees, and remained stable in the past three months. With a growth rate of about 38%, import volume increased by 38.2% in August. The average import price of cotton yarn from January to August was US$2.77/kg, a year-on-year decrease of 12.3%. From a single month perspective, the import unit price fluctuated slightly. It was 2.84 US dollars/kg in January, dropped to 2.79 US dollars/kg and 2.77 US dollars/kg in February and March respectively, and rebounded slightly in April to 2.8 US dollars/kg. Prices fell continuously in April, June, July and August, and dropped to US$2.71/kg in August, a year-on-year decrease of 14.2%.
2. The growth rate of my country’s cotton yarn imports from Vietnam, Indonesia and other countries is much higher than the average level.
India, Pakistan, Vietnam, Indonesia, and Uzbekistan are the main source markets for my country’s cotton yarn imports. In the first eight months of this year, my country’s imports of cotton yarn from these countries have increased, including from Vietnam, Indonesia, and Uzbekistan. Import growth was well above average.
From January to August 2015, my country imported 475,000 tons of cotton yarn from India, a year-on-year increase of 34.9%, and the import unit price was US$2.71/kg, a decrease of 12.8%. Imports of 381,000 tons and 331,000 tons of cotton yarn from Pakistan and Vietnam respectively increased by 22.7% and 37.4% respectively. The import unit prices were US$2.39/kg and US$2.87/kg respectively. Vietnam surpassed India for the first time in terms of cumulative import amount. The top three import source countries together account for 73.9% of China’s total cotton yarn imports. Imports from Indonesia and Uzbekistan were 81,000 tons and 80,000 tons respectively, an increase of 44.2% and 70.9% respectively. Imports from the United States and South Korea increased by 4.9% and 6.3% respectively, while Thailand fell by 1.1% and 10.3% respectively.
Three. From January to August, among the top ten importing provinces and cities of cotton yarn, only Beijing showed negative growth in import volume.
From January to August, among the top ten cotton yarn importing provinces and cities, only Beijing showed negative growth, with a decrease of 12.6%, and the import volume was 162,000 tons. Guangdong imported 444,000 tons, a year-on-year increase of 19.4%; Zhejiang imported 284,000 tons, a year-on-year increase of 29.3%. The remaining top ten importing provinces and cities all experienced varying degrees of growth. Shanghai and Shandong increased by 20.2% and 64.6%, importing 163,000 tons and 173,000 tons; Jiangsu, Fujian, and Anhui increased by 19.1%, 70.1%, and 12.9% respectively. Tianjin and Xinjiang grew by 107.3% and 59.7% respectively.
The trade mode is mainly general trade, accounting for 76.1% of the total cotton yarn imports, which is 1.224 million tons, a year-on-year increase of 32.8%; processing trade is supplemented, accounting for 21.8%, and the import volume is 350,000 tons, a decrease of 0.3% compared with the same period last year. , of which 333,000 tons were processed with imported materials.

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