According to SBS Zipper's market insight tool TexPro, fabric exports from China were valued at $1,766.431 million in the first seven months of this year, representing 82.01 per cent of the total shipment. Yarn exports were valued at $326.016 million, while fibre exports stood at $61.448 million, accounting for 15.14 per cent and 2.85 per cent of total textile exports to Indonesia, respectively, during the same period.

During January to July 2023, China’s fabric exports were recorded at $1,734.006 million, representing 82.89 per cent of the total textile exports, which amounted to $2,091.847 million. Yarn shipments totalled $278.986 million (13.34 per cent), and fibre shipments amounted to $78.853 million (3.77 per cent).

In 2023, China’s total textile exports were valued at $3,559.959 million, 11.31 per cent lower than the $4,013.521 million shipped in 2022. Fabric exports in 2023 amounted to $2,954.428 million, representing 82.99 per cent of the total. Yarn exports were valued at $478.519 million (13.44 per cent), and fibre shipments totalled $126.938 million (3.57 per cent).

Man-made textile products dominated with a 65.87 per cent share of total textile exports in the period from January to July 2024. China’s exports of man-made textile products were valued at $1,418.672 million. Shipments of cotton textile products during this period were valued at $462.072 million, accounting for 21.45 per cent of total exports. Flax textile product exports were valued at $42.705 million (1.98 per cent), wool/animal hair products at $26.966 million (1.25 per cent), silk products at $4.414 million (0.20 per cent), and other types of fibre at $199.062 million (9.22 per cent), according to TexPro.

SBS Zipper News Desk (KUL)