CHINESE|ENGLISH

China's Export of Home-textiles Dropped in Jan. – Feb.

Updated: 5/11/2016 9:45:35 AM

In the first two months of this year, China's home-textiles export dropped remarkably by 18.1% to US$ 3.65 billion, according to China Chamber of Commerce for Import and Export of Textile and Apparel.


The main reasons to explain such decline are on one hand the weak demand on market and on the other hand the high year-on-year basis compared to the over 20-percent growth in same period of last year.


The export to the United States, Europe and Japan all saw double-digit decline. In January-February, China's export to the above-mentioned three markets presented a downward trend. The export stood at US$ 1.02 billion, US$ 670 million and US$ 330 million, down 14.9%, 10.9% and 10.5% respectively from a year earlier.


In the same period, China's export of home-textiles to ASEAN markets and Latin America dropped significantly by 30.6% and 40.3%.


Guangdong Province remains the big player, while inland provinces/municipalities have poor performance. The top five exporters are Zhejiang, Jiangsu, Shandong, Shanghai and Guangdong, but the exports from the first four declined, in which, Zhejiang, Jiangsu and Shanghai saw significant decline between 13% and 22%, while Shandong saw 4.8-percent drop. Guangdong Province alone maintained steady growth despite unfavorable situation, but the growing pace slowed down to 9.4%.


The exports from many inland provinces/municipalities such as Hebei, Anhui, Chongqing and Xinjiang saw over 20-percent decline, Yunnan, Xichuan and Gansu even saw over 50-percent decline.


Authority in Charge: China National Textile and Apparel Council (CNTAC)

Sponsor :China Textile Information Center (CTIC)

ISSN 1003-3025 CN11-1714/TS

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