China's export of cotton products decreased from January to March 2023

Asia is the main market for my fabric exports. From January to March 2024, my cumulative fabric exports to Asian countries totaled US$10.31 billion, accounting for 67.9% of total fabric exports. Among the top ten export markets, Asian markets accounted for eight seats. Vietnam, as the largest single market for my fabric exports, accounted for 25.1% of my global fabric exports, with exports reaching US$2.59 billion, a year-on-year increase of 9.8%.
From January to March, my fabric exports to Indonesia, Myanmar, and Nigeria decreased by 4.5%, 10.1%, and 3.4%, respectively. Exports to Cambodia and the UAE showed significant growth, increasing by 24.9% and 37.2%, respectively.
Exports of chemical fiber woven fabrics resumed growth, while exports of cotton products declined.
In terms of major product categories, from January to March, exports of chemical fiber woven fabrics and cotton fabrics totaled US$6.75 billion and US$2.32 billion respectively, with growth of 7.1% and a decline of 6.1%, respectively. Silk woven fabric exports were US$0.8 billion, down 21.7%; wool and animal hair woven fabric exports were US$0.6 billion, down 11.7%.
Except for Shandong, fabric exports from the top five exporting provinces and cities all increased.
Southeast coastal areas are the main regions for fabric exports. Zhejiang, Jiangsu, Guangdong, Fujian, and Shandong, the top five exporting provinces, account for over 85% of the total. The export growth rates of Zhejiang, Jiangsu, Guangdong, Fujian, and Shandong were 5.1%, 7%, 1.4%, 4.2%, and -14.3%, respectively.
 
 

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China's exports of yarn and fabrics in March 2024 saw a significant year-on-year decrease.

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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