China's Textile and Apparel Export Brief: January-April 2020

The General Administration of Customs of China released the national goods trade data for April 2020 on May 7, 2020. In the first four months, the total value of goods trade imports and exports reached 9.07 trillion yuan, down 4.9% year-on-year (the same below), with the decline narrowing by 1.5 percentage points compared to the first quarter. Exports amounted to 4.74 trillion yuan, down 6.4%. In April, foreign trade imports and exports totaled 2.5 trillion yuan, down 0.7%, with exports reaching 1.41 trillion yuan, up 8.2%.
Textile and garment exports show a clear difference: textiles have rebounded rapidly due to the boost from epidemic prevention supplies, driving overall export growth. Garment exports continued to decline due to reduced external market demand, further widening the gap between the two. In April, textile exports more than doubled the value of garment exports.
Textile and garment exports in RMB:
From January to April 2020, cumulative textile and garment exports reached 466.4 billion yuan, down 7.4%, with textile exports at 261.3 billion yuan, up 5.9%, and garment exports at 205.1 billion yuan, down 20.2%.
In April, textile and garment exports reached 150.17 billion yuan, up 14.8%, with textile exports at 102.79 billion yuan, up 56.2%, and garment exports at 47.38 billion yuan, down 27.1%.
Textile and garment exports in USD:
From January to April 2020, cumulative textile and garment exports reached 66.62 billion USD, down 10% (national goods trade exports down 9%), with textile exports at 37.31 billion USD, up 2.9%, and garment exports at 29.31 billion USD, down 22.3%.
In April, textile and garment exports reached 21.36 billion USD, up 9.8% (national goods trade exports up 3.5%), with textile exports at 14.62 billion USD, up 49.3%, and garment exports at 6.74 billion USD, down 30.3%.
 

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Major economic indicators in the printing and dyeing industry all showed a decline in the first quarter of 2020.

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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