Fabric constituted 78.75 per cent of the total textile exports of the world’s largest textile exporter China during the first half (H1) of 2022. It exported fabric worth $37.183 billion in this period, while its total textile exports were valued at $47.217 billion. Numerous small garment-exporting countries are dependent on China for upstream products.
China prefers exporting value-added products. The country exported yarn worth $8.130 billion in the period which was 17.22 per cent of the total textile exports. Its fibre exports, valued at $1.903 billion, were mere 4.03 per cent of the total textile exports, according to Fibre2Fashion’s market insight tool TexPro.
China exported man-made textile products worth $30.585 billion in January-June 2022, which was 64.78 per cent of its total textile exports. It shows the dominance of China in the man-made textile industry. Man-made textiles mainly comprise polyester, viscose, and acrylic products.
China’s cotton textiles exports were valued at $10.218 billion (21.64 per cent) in the period under review. The exports of textiles made from wool and animal hair were at $1.175 billion (2.49 per cent), silk at $482.902 million (1.02 per cent), flax at $384.881 million (0.82 per cent), true hemp at $2.527 million (0.01 per cent) and others at $4.364 billion (9.24 per cent), as per TexPro.
Fibre2Fashion News Desk (KUL)