According to the prospective database data, in April 2017, the export value of China's textile yarns, fabrics, and products was US$9.814 billion, which was a year-on-year increase of 1.56%; cumulative exports from January to April were US$33.082 billion, and the cumulative total decreased by 0.09%.
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The following are statistics on the export value of textile yarns, fabrics and products from May 2016 to April 2017:
Export value of textile yarns, fabrics and products (billion U.S. dollars)
Time month value year-on-year (%) Accumulated value year-on-year (%)
April 2017 98.14 1.56 330.82 -0.09
March 2017 90.98 14.83 232.62 -0.82
February 2017 45.87 -24.60 141.71 -8.76
January 2017 95.84 1.42 95.84 1.42
December 2016 91.56 -6.51 1,050.47 -4.07
November 2016 90.04 3.94 958.66 -3.86
October 2016 85.91 -6.69 870.47 -4.40
September 2016 77.20 -20.44 788.92 -3.62
August 2016 102.46 5.19 711.85 -1.35
July 2016 90.61 -4.77 609.97 -2.29
June 2016 91.14 -3.74 519.94 -1.73
May 2016 102.05 1.59 432.15 -0.53
Thanks to the slow recovery of the global economy and the steady improvement of the domestic economy, textile exports have gradually stabilized and have shown a pick-up trend. Although the cumulative export volume has not yet resumed growth year-on-year, the decline has been noticeably smaller than last year, especially in April. In the relatively high base year-on-year, exports still maintained a stable growth, stimulating the overall growth rate to rebound by 0.73 percentage points.
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Judging from China's current key textile export markets, the decline in exports to the EU, the United States, ASEAN, and Japan this year has been reduced to varying degrees compared to last year, and double-digit growth has been achieved in exports to Russia. However, because there are still many uncertainties in the world, the basis for the current favorable conditions for growth still needs further consolidation. It is initially expected that if the external market can maintain a steady upward trend, textile export in the second quarter will achieve a slight increase.
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