According to China Customs statistics, from January to May, China’s textile and apparel exports to the United States were US$16.4 billion, a year-on-year increase of 6.73%, which was 10.28 percentage points higher than the national textile and apparel export growth rate. Among them, textile exports were US$4.8 billion, a year-on-year increase of 12.54%; clothing exports were US$11.6 billion, a year-on-year increase of 4.5%. The main features of exports are as follows:
1. The export volume of yarn increased and the price decreased.
From January to May, China exported 136 million kilograms of yarn to the United States, a year-on-year increase of 16%, and the export value was US$230 million, a year-on-year increase of 12.38%. Among them, the price of cotton yarn dropped significantly, down 12.26% year-on-year; the volume of chemical fiber yarn increased and the price fell, with export volume of 59,586 tons, an increase of 20.39%, export value of 140 million US dollars, an increase of 9.88%, and the average unit price dropped by 8.73%; silk thread, wool Yarn export volume grew rapidly, with increases of 39% and 31% respectively.
2. Cotton cloth exports are growing rapidly.
From January to May, China exported 597.08 million meters of fabrics to the United States, a year-on-year increase of 12.81%, and the export value was US$8.1, a year-on-year increase of 12.12%. Among them, the export volume of cotton cloth was 95.65 million meters, a year-on-year increase of 32.14%, and the export value was US$120 million, a year-on-year increase of 36.82%; the export of chemical fiber cloth was 169 million meters, a year-on-year increase of 13.44%, and the export value was US$210 million, a year-on-year increase of 8.45%. The export average The unit price decreased by 2.54% year-on-year.
3. Home textiles and non-woven fabrics are growing rapidly
From January to May, China’s exports of manufactured products to the United States were US$3.77 billion, a year-on-year increase of 12.64%. Among them, the export of home textiles was US$41.75 billion, a year-on-year increase of 10%, and the average export price dropped by 3.36% year-on-year; the export of non-woven fabrics was 81,813 tons, a year-on-year increase of 30.54%, and the export volume was US$278 million, a year-on-year increase of 28.57%, maintaining rapid growth.
4. Knitted garments grew rapidly, while woven garments grew slightly.
From January to May, China exported 5.27 billion pieces (sets) of clothing to the United States, a year-on-year increase of 7.43%, and the export volume was US$11.6 billion, a year-on-year increase of 4.5%. Among them, knitted garment exports were 1.26 billion pieces (sets), a year-on-year increase of 7.43%, and the export volume was US$4.48 billion, a year-on-year increase of 7.54%. The average price was US$3.56/piece (set), a year-on-year increase of 0.1%. The export of woven clothing was 1.18 billion pieces (sets), a year-on-year increase of 10.51%. The export volume was US$5.17 billion, a year-on-year increase of 0.47%. The average price was US$4.37/piece (set), a year-on-year decrease of 9%. The decline was significant. The average price of woven clothing The larger decrease was mainly due to the larger decrease in the average unit price of chemical fiber woven garments, which dropped by 11.56% year-on-year. The export volume of silk knitted and woven garments both declined rapidly, with declines of 57.78% and 18.7% respectively.
5. General trade increased while processing trade declined.
In terms of trade patterns, from January to May, China’s processing trade exports to the United States were US$3.1 billion, a year-on-year decrease of 6%, and general trade exports were US$12.8 billion, a year-on-year increase of 9.34%.
6. Guangdong’s exports to the United States are growing rapidly
In terms of export provinces and cities, from January to May, China’s main export provinces to the United States were Zhejiang, Jiangsu and Guangdong. The three provinces accounted for 66.2% of exports to the United States. Guangdong Province’s exports grew the fastest, with an increase of 14.95%. Zhejiang and Jiangsu increased respectively. 9.35 and 6.07%.
-A brief overview of China’s textile and apparel exports to the United States
According to China Customs statistics, from January to May, China’s textile and apparel exports to the United States were US$16.4 billion, a year-on-year increase of 6.73%, which was 10.28 percentage points hig…
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