US clothing imports from China significantly decreased from January to September 2023.

Textiles and Apparel: From January to September, the US imported $93.77 billion worth of textiles and apparel, a year-on-year decrease of 23.6%. Imports in September alone decreased by 21.1%, a smaller decrease compared to the 24.2% drop in August.
 
Imports from China totaled $23.95 billion, a decrease of 29.5%; accounting for 25.5% of the total, a year-on-year decrease of 2.2 percentage points, but a slight increase of 0.4 percentage points compared to the first eight months.
 
Imports from Vietnam totaled $12.48 billion, a decrease of 25.3%; accounting for 13.3% of the total, a decrease of 0.3 percentage points.
 
Imports from India totaled $7.86 billion, a decrease of 22.2%; accounting for 8.4% of the total, an increase of 0.2 percentage points.
Textiles: From January to September, the US imported $25.92 billion worth of textiles, a year-on-year decrease of 22.4%. Imports in September alone decreased by 11.7%, a smaller decrease compared to the 18.2% drop in August.
 
Imports from China totaled $9.55 billion, a decrease of 29.3%; accounting for 36.9% of the total, a year-on-year decrease of 3.6 percentage points, but a slight increase of 0.5 percentage points compared to the first eight months.
 
Imports from India totaled $4.12 billion, a decrease of 22.9%; accounting for 15.9% of the total, a decrease of 0.1 percentage points.
 
Imports from Mexico totaled $1.97 billion, an increase of 2.2%; accounting for 7.6% of the total, an increase of 1.8 percentage points.
Apparel: From January to September, the US imported $69.73 billion worth of apparel, a year-on-year decrease of 24%. Imports in September alone decreased by 23.5%, a smaller decrease compared to the 25.9% drop in July.
 
Imports from China totaled $15.92 billion, a decrease of 29%; accounting for 22.8% of the total, a year-on-year decrease of 1.6 percentage points, but an increase of 0.4 percentage points compared to the first eight months.
 
Imports from Vietnam totaled $11.76 billion, a decrease of 25.1%; accounting for 16.9% of the total, a decrease of 0.3 percentage points.
 
Imports from Bangladesh totaled $6.08 billion, a decrease of 24.1%; accounting for 8.7% of the total, a negligible decrease of 0.01 percentage points.

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US clothing retailers see more declines than increases in sales.

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High inflation impacts: The EU and Japan see a decrease in clothing imports from China.

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

On March 3, Wang Yongqing, Vice President of Xiamen CNOOC Group, visited Tongzhou Group for investigation and guidance. Wei Gangmin, Chairman of our company; Huang Hongyu, President; Li Tao, Vice President; and Zhang Zhiyan, Director of the General Office, met with and participated in a symposium.

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Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance
Tongzhou Cotton Market Brief, Week 1 of March 2025

Tongzhou Cotton Market Brief, Week 1 of March 2025

1) This week's National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC) in China boosted market expectations for steady growth. In February, the Purchasing Managers' Index (PMI) for manufacturing stood at 50.2%, up 1.1 percentage points from the previous month, indicating a significant improvement in the manufacturing sector.

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Tongzhou Cotton Market Brief, Week 1 of March 2025
In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's dyeing industry saw rapid export growth to ASEAN and RCEP member countries, exceeding the overall export growth rate. However, this growth was accompanied by a decline in prices. From January to December, China's exports of eight major dyeing products to ASEAN totaled 7.908 billion meters, a year-on-year increase of 12.14%, 4.61 percentage points higher than the overall export growth rate, accounting for 23.58% of total exports. The average export price was US\$1.19 per meter, a year-on-year decrease of 2.75%, 0.64 percentage points lower than the overall decline. Exports to RCEP member countries totaled 8.431 billion meters, a year-on-year increase of 11.35%, 3.82 percentage points higher than the overall export growth rate. The average export price was US\$1.17 per meter, a year-on-year decrease of 2.79%, 0.60 percentage points lower than the overall decline.

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In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.
President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

On February 28, Mr. Huang Hongyu, President of our company, was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference and, as a guest speaker at the "Xiangshan Roundtable," shared his views on the cotton market and trading opportunities.

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President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

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