Sewing machinery industry import and export briefing in April 2023

In April 2023, affected by the downstream international demand for clothing contraction, the monthly exports of China`s sewing machinery industry declined slightly compared with the previous month, and the industry export market was polarized: On the one hand, in the industry`s top 15 export markets, 9 markets exports negative growth. Vietnam, Bangladesh, Pakistan and other Southeast Asian markets sewing machinery exports are sharply down; on the other hand, China`s exports to India, the United States, Japan, Brazil and other markets continued to grow, and exports to Russia and Central Asia and some African markets doubled year-on-year.

Export profile

According to the data of the General Administration of Customs, the cumulative export value of China`s sewing machinery products from January to April 2023 was 993 million US dollars, down 8.81% year-on-year.

The export of sewing machinery products from January to April 2023

(Unit: Set, kg, USD, %)

In April, China`s exports of sewing machinery products were 277 million US dollars, down 0.23% year-on-year and down 3.46% month-on-month. In addition to industrial sewing machines and embroidery machines, the export value of various products showed a year-on-year growth trend of different amplitude.

Exports of sewing machinery products in April 2023

(Unit: Set, kg, USD, %)

Export market situation

From January to April 2023, China`s exports to Asia and Latin America showed a year-on-year decline, while exports to Africa, Europe, North America and Oceania markets showed a year-on-year increase.

The situation of China`s sewing machinery products exported to various continents from January to April 2023

The main export market of China`s sewing machinery products from January to April 2023

China`s sewing machinery exports to 191 countries and regions from January to April, more than 60% of the market exports to achieve year-on-year growth. In the top 20 export markets, 11 markets exports showed a year-on-year growth trend. In particular, exports to the Russian Federation and the Central Asian markets of Uzbekistan and Kyrgyzstan increased by more than 100%.

India is still China`s largest sewing equipment export market. From January to April, China`s cumulative export of sewing machinery products to India was nearly 130 million US dollars, an increase of 7.44%, accounting for 13.07% of China`s industry exports; the value of exports to Vietnam 77.67 million US dollars, down 44.36%, accounting for 7.82% of China`s industry exports; the value of exports to the United States was 56.46 million US dollars, an increase of 8.94%, accounting for 5.68% of China`s industry exports.In addition, China`s exports to Turkey, Russia, Brazil, Mexico and other Latin American markets, Uzbekistan, Kyrgyzstan and other Central Asian markets showed a significant growth trend from January to April, while exports to Vietnam, Bangladesh, Japan, Indonesia, Singapore, the United Arab Emirates, Pakistan and other traditional regional markets showed different degrees of decline.

The main export market of China`s sewing machinery industry from January to April 2023

The main export market of China`s sewing machinery products in April 2023

Import profile

According to the latest customs data, the cumulative import of sewing machinery products in China from January to April 2023 was $299 million, down 12.10% from the same period last year.

Monthly import of sewing machinery industry in China

(The material of this article is from Wechat public account of CISMA)