-National Fabric Export Overview
According to China Customs statistics, the national fabric import and export volume from January to April 2016 was 32.54 billion meters, a year-on-year increase of 3.6%, and the import and export volume was US$44.56 billion, a year-on-year decrease of 2%. Among them, the export quantity was 30.64 billion meters, an increase of 4.9%; the export value was US$40.6 billion, a decrease of 0.5%; the average export unit price was US$1.33/kg, a year-on-year decrease of 5.2%. The import quantity was 1.9 billion meters, a decrease of 14%; the import value was US$3.96 billion, a decrease of 14.4%. The average unit price of imports was US$2.09/meter, a year-on-year decrease of 0.5%.
In January, fabric exports increased in April.
In April 2016, the national fabric export volume was 3.67 billion meters, a year-on-year increase of 11%; the export value was US$4.9 billion, a year-on-year increase of 3.5%. The export value of cotton cloth, silk woven fabrics, wool animal hair woven fabrics and chemical fiber woven fabrics all increased, with exports of 1.28 billion, 60 million, 50 million and 1.83 billion US dollars respectively, with increases of 4.8%, 2.3%, 4.3% and 4.1%.
2. From January to April 2016, exports to ASEAN increased, exports to the EU rebounded, and exports to North America, Latin America and Japan all declined.
The global economy is currently in a slow recovery stage, and the performance of some traditional markets and emerging markets has recovered.
From January to April 2016, Asia has always been the main market for China’s fabric exports, with exports accounting for 68.3% of China’s fabric exports, a slight increase from the first quarter. Export volume was US$11.26 billion, a year-on-year increase of 6.4%. From January to April, exports to ASEAN grew steadily, with the export quantity being 3.31 billion meters, a year-on-year increase of 16.5%; the export value was US$5.4 billion, an increase of 12.2%. Among them, exports to Myanmar still showed significant growth, with exports of US$260 million, an increase of 19.2%; exports to Vietnam, Indonesia and Cambodia also increased to varying degrees, with exports of US$2.54 billion, US$750 million and US$540 million respectively. Growth rates were 6.6%, 4.2% and 7.2%.
From January to April, China’s fabric exports to Hong Kong were US$1.19 billion, a decrease of 5.6%. Exports to Pakistan experienced a significant decline, with exports amounting to US$510 million, a decrease of 9%. Exports to Bangladesh and India both increased, with export values reaching US$1.32 billion and US$410 million respectively, an increase of 15.3% and 19.6% respectively.
From January to April, China’s fabric exports to Japan were US$130 million, a decrease of 16.1%. European economic growth is better than expected and has basically returned to pre-financial crisis levels. Affected by this, China’s fabric exports to the EU have shown signs of steady recovery, with exports amounting to US$1.26 billion, a year-on-year increase of 4.5%. Exports to Latin America and North America continued to decline, with export values reaching US$1.19 billion and US$580 million respectively, a decrease of 14.4% and 12.6% respectively.
3. The export unit price of woolen animal hair woven fabrics increased slightly, while the export prices of other fabrics declined.
From January to April 2016, the export price of fabrics was US$1.33/meter, a year-on-year decrease of 5.7%. The export price of fabrics to Asia was US$1.5/meter, down 5.5% year-on-year; the export prices of fabrics to the EU and Latin American markets were US$1.33/meter and 1.02 yuan/meter respectively, down 7.3 and 7.1 percentage points respectively. The export unit price of wool animal hair woven fabrics increased slightly, with a unit price of US$7.27/meter, an increase of 0.2%. The export unit prices of cotton cloth, silk woven fabrics and chemical fiber woven fabrics all dropped slightly, to US$1.57/meter, US$5.38/meter and US$1.07/meter respectively, down 6.8%, 5.1% and 6.5% respectively.
4. Related links
1. Exports of products subject to Turkish safeguard measures from January to April 2016
From January to April 2016, China’s textile and apparel exports to Turkey were US$540 million, a year-on-year decrease of 7.1%, 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$190 million, a year-on-year decrease of 21%, accounting for 35.2% of China’s total textile and apparel exports to Turkey.
Among the products subject to safeguard measures, fabric exports were US$110 million, a year-on-year decrease of 12.6%, accounting for 57.9% of China’s total exports of products subject to safeguard measures to Turkey. The value of clothing exports was US$35.913 million, a year-on-year decrease of 42.3%, accounting for 19% of China’s total exports of products subject to safeguard measures against Turkey.
2. Export of products under Indonesian safeguard measures
From January to April 2016, China’s textile and apparel exports to Indonesia were US$1.27 billion, a year-on-year decrease of 5.3%, accounting for 1.6% of China’s total global textile and apparel exports. Ranked 13th in China’s single export market, among which, the export value of products (fabrics) subject to safeguard measures was US$10.21 million, a year-on-year increase of 4.2%, accounting for 0.8% of China’s total textile and apparel exports to Indonesia.
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