China home textiles exports stood at $20.324 billion during January-June 2022. Made ups were the most prominent, accounting for $6.174 billion of the total home textiles exports during the period under review. The share of made ups was 30.38 per cent. However, made ups exports are seeing downward trend since 2020 when they jumped due to COVID impact.
China’s home textile exports are constantly on decline after reaching $78.624 billion in 2020. The exports dropped to $45.555 billion in 2021. In the first eight months of 2022 China has exported $27.703 billion of home textiles only.
Made ups exports that jumped they jumped due to COVID impact in 2020 but are on decline since then. The home textile segments saw a rise worldwide in 2020 as most of the population was forced to remain at home. In January-June 2020 the exports of made ups from China clocked $33.340 billion. The made exports declined to 7.7 billion in January-June 2021 and then to $6.17 billion during that same period in 2022.
While the textile exports declined after 2020, the exports of bed articles depicted an upward trend. In January-June 2020 the bed wear exports were$2.67 billion only. The export surged sharply in the first half of 2021 to $4.31 billion. During January-June 2022 the bead wear exports further increased to $4.36 billion.
Chinese home textile markets have been snatched by low cost economies of Bangladesh, Vietnam and Pakistan. Since home textiles are relatively lower value added textile products, the higher wages in China made these products uncompetitive compared with low wage countries.
