China's home textile export market continues to grow

Release time:

2021-09-04

China Home Textile Industry Association disclosed on August 25, with the growing international demand, China's home textile enterprises to cope with the external environment of the ability to continue to strengthen, home textile exports show strong vitality, export home textile products, the number and price of double growth, exports compared to the normal level before the epidemic still achieve a better growth.

China's home textile exports totaled $21.912 billion billion in the first half of this year, up 53.89 percent year-on-year and 19.99 percent from the same period in 2019 before the epidemic.

In particular, both traditional and emerging markets showed strong growth, with exports still up significantly from their pre-epidemic normal levels. Demand in the U.S. market, which accounts for the largest share, has skyrocketed, with Chinese exports of U.S. home textiles totaling $5.483 billion billion in the first half of this year, up 53.92 percent year-on-year and up 28.18 percent from the same period in 2019. In addition, among traditional markets, exports to the EU totaled $2.868 billion billion, up 45.84 percent year-on-year, while exports to Japan totaled $1.463 billion billion, up 14.39 percent year-on-year and up 5.18 percent from 2019. Among the emerging markets, the ASEAN and Russian markets performed outstandingly: in the first half of this year, China's exports of home textiles to ASEAN increased by 61.24 year-on-year; exports to Russia increased by 58.96 year-on-year.

From the perspective of export products, the export performance of carpets, bedding, blankets and fabric products in the first half of this year was more prominent, and the export value achieved a growth rate of more than 20% compared with the same period in 2019.

The China Home Textile Industry Association stated that home textile companies are generally cautiously optimistic about the overall operating conditions of the home textile industry in 2021. Affected by the global new coronary pneumonia epidemic, the international economic and trade environment is complex and changeable, the uncertainty of market demand is increasing, and home textile enterprises pay more attention to changes in the international market.

(Source: China News Network)

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