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Friday, February 23, 2024

Marginal decline in Chinese home textile exports

In the first ten months of this year, Chinese home textile exports reached US $27.33 billion, a marginal year-on-year decline of 0.5 percent.

China’s home textile exports rose slightly in August and September but fell again in October. The export value in September 2023 was $3.31 instead of $2.81 billion in October.

Exports of various home textile items, carpets, kitchen supplies, and tablecloths maintained positive growth from January to October.

Carpet exports amounted to $3.32 billion, up 4.4 percent; kitchen supplies stood at $2.43 billion, up 9 percent, while tablecloth shipments were $670 million, up 4.3 percent, all growing from a year ago period.

However, exports of bedding products fell $11.57 billion, down 1.8 percent, and towel exports were $1.84 billion, down 7.9 percent, all declining year over year.

Overseas shipments of curtains, blankets, and other decorative products also declined marginally.

In the reporting period, exports of home textiles to the US totaled $8.65 billion, down 1.5 percent, while those to the ASEAN region fell 1.5 percent to $3.2 billion.

Exports to the EU stood at $3.35 billion, down 5 percent, and those to Japan were $2.17 billion, a year-on-year decline of 12.8 percent.

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