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-Overview of China’s home textile exports



From January to August 2015, the cumulative decline in national home textile exports further expanded, with exports reaching US$17.02 billion, a decrease of 5.6%. At the same time, export volume fell by 4.4%, a…

From January to August 2015, the cumulative decline in national home textile exports further expanded, with exports reaching US$17.02 billion, a decrease of 5.6%. At the same time, export volume fell by 4.4%, and the average export price dropped slightly by 1.2%.
1. Exports to the United States grew rapidly, while exports to Japan continued to decline
From January to August, home textile exports to the United States grew rapidly, with an export value of US$4.89 billion, an increase of 10.9%. Exports to the EU declined slightly, with an export value of US$2.87 billion, a decrease of 5.6%. Exports to Japan continued to decline, with an export value of US$1.59 billion. U.S. dollar, down 16.2%.
From the perspective of the intercontinental market, home textile exports to Asia declined significantly, with an export value of US$5.93 billion, a decrease of 8.7%, of which exports to ASEAN were US$1.38 billion, a decrease of 4.9%. In addition, exports to Africa fell slightly by 1.8%, and exports to Latin America fell by 4%.
2. Eastern provinces and cities are relatively stable, but Guangdong is growing against the trend
Among the top four exporting provinces and cities, exports from Jiangsu and Shandong decreased by 0.4% and 4.8% respectively, while exports from Zhejiang and Shanghai increased slightly, both by 0.2%. Guangdong ranks fifth, with exports growing against the trend, with an increase of 22.5%.
In addition, home textile exports from central and western provinces and cities have generally declined, with exports from Heilongjiang, Jilin, Tibet and other provinces and cities falling by more than 50%.

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Author: clsrich

 
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