China's household textile exports stabilized and rebounded from January to December 2023

In the first 12 months of this year, China's household textile exports stabilized and rebounded, reaching a total of US$32.74 billion. This represents a year-on-year increase of 0.1%, halting the previous decline and showing a relatively stable performance. Compared to the same period in 2019 (pre-pandemic), exports increased by 16.2%. Since August, four months have seen positive year-on-year growth in monthly exports, with December's exports showing a particularly strong year-on-year increase of 9.3%, further solidifying the recovery trend.
   From January to December, exports of all major product categories showed positive growth or only a slight decline, with the exception of towels, which experienced a significant drop. Specifically, beddings exports reached US$13.83 billion, a slight decrease of 1.6% year-on-year; blankets reached US$4.4 billion, a slight increase of 0.1%; carpets reached US$4 billion, an increase of 5.3%; bathroom and kitchen textiles reached US$2.92 billion, an increase of 9.3%; curtains reached US$2.83 billion, a slight decrease of 0.7%; towels reached US$2.18 billion, a decrease of 6.8%; tablecloths reached US$790 million, an increase of 3.2%; and other products reached US$1.78 billion, a slight decrease of 2.1%.

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China's clothing exports are expected to show steady growth in 2024.

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China's cotton garment exports plummeted in 2023

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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