-National Fabric Export Overview
According to China Customs statistics, the national fabric import and export volume from January to March 2016 was 19.34 billion meters, a year-on-year increase of 1.5%, and the import and export volume was US$26.36 billion, a year-on-year decrease of 3.6%. Among them, the export quantity was 18.25 billion meters, an increase of 2.6%; the export value was 24.11 billion US dollars, a decrease of 2.4%; the average export unit price was 1.32 US dollars/kg, a year-on-year decrease of 4.8%. The import quantity was 1.09 billion meters, a decrease of 13.5%; the import value was US$2.25 billion, a decrease of 15.2%. The average unit price of imports was US$2.07/meter, a year-on-year decrease of 2%.
In January and March, fabric exports increased.
In March 2016, the national fabric export volume was 2.83 billion meters, a year-on-year increase of 58%; the export value was US$3.9 billion, a year-on-year increase of 41.6%. The export value of cotton cloth, silk woven fabrics, wool animal hair woven fabrics and chemical fiber woven fabrics all increased, with exports of 1.19 billion, 50 million, 30 million and 1.35 billion US dollars respectively, with increases of 55.9%, 15.4%, 13.6% and 13.6% respectively. 37.3%.
2. From January to March 2016, exports to ASEAN increased, exports to the EU rebounded, and exports to North America, Latin America and Japan all declined.
From January to March 2016, Asia was still the main market for China’s fabric exports, accounting for 67.7% of China’s fabric exports. The export value was US$7.85 billion, a year-on-year increase of 6.8%. From January to March, exports to ASEAN increased, with the export quantity being 2.32 billion meters, a year-on-year increase of 17.3%; the export value was US$3.79 billion, an increase of 14.1%. Among them, exports to Myanmar increased significantly, with exports of US$170 million, an increase of 16.4%; exports to Vietnam, Indonesia, and Cambodia also increased to varying degrees, with exports of US$1.77 billion, US$510 million, and US$380 million, respectively, an increase of 16.4%. 10.6%, 4.1% and 8.3%.
From January to March, China’s fabric exports to Hong Kong were US$820 million, a decrease of 5.5%. Exports to Pakistan experienced a significant decline, with exports amounting to US$360 million, a decrease of 12.6%. Exports to Bangladesh and India both increased, with export values reaching US$930 million and US$300 million respectively, with increases of 21.3% and 18.4% respectively.
From January to March, China’s fabric exports to Japan were US$100 million, a decrease of 13.3%. China’s fabric exports to the EU have rebounded, with exports amounting to US$900 million, an increase of 2.4%. Exports to Latin America and North America continued to decline, with export values reaching US$840 million and US$420 million respectively, a decrease of 19.1% and 12.8% respectively.
3. The export prices of fabrics have declined.
From January to March 2016, the export price of fabrics was US$1.33/meter, a year-on-year decrease of 5.3%. The export price of fabrics to Asia was US$1.49/meter, down 5.6% year-on-year; the export price of yarn to the EU and Latin American markets was US$1.34/meter and 1.02 yuan/meter respectively, down 7.2 percentage points respectively. The export unit prices of cotton cloth, silk woven fabrics, wool animal hair woven fabrics and chemical fiber woven fabrics all dropped slightly, reaching US$1.57/meter, US$5.35/meter, US$7.16/meter and US$1.07/meter respectively, down 6.4%, 4.9% and 1.0% respectively. 2.4% and 5.8%.
4. Related links
1. Exports of products subject to Turkish safeguard measures from January to March 2016
From January to March 2016, China’s textile and apparel exports to Turkey were US$400 million, a year-on-year decrease of 14.2%, accounting for 0.7% of China’s total global textile and apparel exports, ranking 34th in China’s single export market. Among them, the export value of products under safeguard measures was US$140 million, a year-on-year decrease of 29.8%, accounting for 35% of China’s total textile and apparel exports to Turkey.
Among the products under safeguard measures, fabric exports were US$75.596 million, a year-on-year decrease of 19.2%, accounting for 54% of China’s total exports of products under safeguard measures to Turkey. The value of clothing exports was US$27.45 million, a year-on-year decrease of 50.4%, accounting for 19.6% of China’s total exports of products subject to safeguard measures against Turkey.
2. Export of products under Indonesian safeguard measures
From January to March 2016, China’s textile and apparel exports to Indonesia were US$880 million, a year-on-year decrease of 10%, accounting for 1.6% of China’s total global textile and apparel exports. Ranked 16th in China’s single export market, among which, the export value of products (fabrics) subject to safeguard measures was US$7.46 million, a year-on-year increase of 7.4%, accounting for 0.9% of China’s total textile and apparel exports to Indonesia.
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