Sewing machinery industry import and export briefing in September 2023

In September 2023, the export trend of China's sewing machinery industry has not changed significantly. The monthly export volume is basically the same as last month. And the industry export market differentiation is continuing.

Export profile

According to the data of the General Administration of Customs: From January to September 2023, China's total exports of sewing machinery products were 2.189 billion US dollars, down 17.82% year-on-year. In addition to household sewing machines, the export volume of various industrial sewing machines and their parts in the industry showed a downward trend of different amplitude.

The export of sewing machinery products from January to September 2023

(Unit: set, kg, USD, %)

Monthly export of sewing machinery industry in China

Sewing machinery export in September 2023

(Unit: set, kg, USD,%)

Overseas export market

From January to September 2023, Chinese exports to Asia, Latin America, North America and Oceania showed a year-on-year decline, but exports to Africa and Europe showed a year-on-year growth trend.

Chinese sewing machinery exports by continent from January to September 2023

The main export market of Chinese sewing machinery products from January to September 2023

From January to September, in Chinese sewing machinery products of 199 countries and regions, more than 40% of the market exports negative growth. The industry's top four export markets (India, Vietnam, USA, Turkey) all showed negative growth year-on-year.

India is still Chinese largest sewing equipment export market. In addition, Chinese exports of sewing machinery products to Russia, Uzbekistan, Kyrgyzstan and other Central Asian markets, as well as some Latin American markets such as Brazil and Mexico showed a year-on-year growth trend.

The main export market of Chinese sewing machinery industry from January to September 2023

The main export market of China's sewing machinery products in September 2023

Import profile

According to the latest customs data: From January to September 2023, the cumulative import of sewing machinery products in China was 731 million US dollars, an increase of 10.24%. In September, the import value of sewing machinery products in China was 75.86 million US dollars, an increase of 2.73% and a quarter-on-quarter increase of 25.95%.

Monthly import of sewing machinery industry in China

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