From January to May, Home Textiles Exports Declined, U.S. Market Is Not Optimistic

Export volume increased by 12.3%, and the growth rate dropped significantly

From January to May, home textile exports reached US$7.47 billion, an increase of 12.3% over the same period of last year. The growth rate was significantly lower than that of the same period of last year, a decrease of approximately 12%. The overall volume of exports showed a trend of falling prices, with exports falling by 4.6% and average export prices rising by 17.7%.

The U.S. market is not optimistic and the EU and Japan markets are relatively better

Home textile exports to the United States, EU and Japan were 1.98 billion, 1.44 billion and 1.06 billion US dollars, respectively, an increase of 3.9%, 11.25% and 31.8%. The U.S. market increased by more than 30% last year. The increase this year has obviously narrowed, and the situation is not optimistic; the EU market has increased by more than 20% last year. The growth rate has slowed down this year, but overall it has maintained steady development. In recent years, the U.S. In the big market, the performance was the best; the Japanese market fluctuates indefinitely last year and has been operating at a low level. It rebounded at the beginning of the year and the demand after the earthquake grew faster.

Balanced export growth in major provinces and cities

Exports of Zhejiang, Jiangsu, Shandong, Shanghai, and Guangdong's top five provinces and cities all maintained steady growth, with growth rates ranging from 12% to 17%, with a more balanced growth.

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