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Chinese home textile export market continues to grow in 2021

2021/09/22

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Chinese home textile export market continues to grow in 2021
 
BEIJING, Aug. 25 (Xinhua) -- China National Textile Industry Association disclosed on Aug. 25 that with the growing international demand, Chinese home textile enterprises' ability to cope with the external environment has been increasing, and exports of home textile products have shown stronger vitality, and the quantity and price of exported home textile products have achieved double growth, and the export value has still achieved better growth than the normal level before the epidemic.
 
The export of Chinese home textile products in the first half of 2021 totaled 21.912 billion U.S. dollars, up 53.89% year-on-year, and 19.99% higher than the same period in 2019 before the epidemic.
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Among them, both traditional and emerging markets showed strong growth, with exports still achieving a significant increase from the normal level before the epidemic. The largest share of the U.S. market surged in demand, with China's exports of U.S. home textile products totaling $5.483 billion in the first half of this year, up 53.92% year-on-year and 28.18% over the same period in 2019. In addition, among the traditional markets, exports to the EU amounted to USD 2.868 billion, up 45.84% year-on-year; exports to Japan totaled USD 1.463 billion, up 14.39% year-on-year and up 5.18% from 2019. Among the emerging markets, the ASEAN and Russian markets stand out: China's exports of home textile products to ASEAN in the first half of this year increased by 61.24% year-on-year; exports to Russia increased by 58.96% year-on-year.
 
From the export product situation, the first half of 2021 carpets, bedding, blankets and fabric products export performance is more prominent, the export value of the same period in 2019 are achieved more than 20% growth rate.
 
China National Textile Industry Association said that the overall operating conditions of the home textile industry in 2021, home textile enterprises are generally cautiously optimistic. Affected by the global new crown pneumonia epidemic, the international economic and trade environment is complex and volatile, market demand uncertainty increased, home textile enterprises pay more attention to changes in the international market, etc.

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