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China's home textile exports to Russia fall by 14% in H1 2024

29 Aug '24
2 min read
China's home textile exports to Russia fall by 14% in H1 2024
Pic: Adobe Stock

Insights

  • In H1 2024, China's home textile exports to Russia declined by nearly 14 per cent to $278.988 million.
  • Bedding was the top export, accounting for 26.05 per cent of the total.
  • Exports of bathroom and kitchen textiles were $44.228 million and made-ups were $43.078 million.
  • After reaching a peak in 2020, exports dropped in the following years.
China’s home textile exports to Russia declined by nearly 14 per cent to $278.988 million in the first half (H1) of this year. During this period, bedding was the top product in the outbound shipment of home textiles. The value of bed exports from China was $72.677 million, which accounted for 26.05 per cent of the total outbound shipment during the same period.

China exported home textiles worth $323.066 million during the same period last year. The total trade amounted to $636.928 million in 2023 and $544.216 million in 2022, according to Fibre2Fashion's market insight tool TexPro.

An analysis of product-wise trade data indicated that bedding became the most exported product, with a share of more than one quarter in H1 this year. The exports of bathroom and kitchen textiles were valued at $44.228 million, which represented 15.85 per cent of the total home textile shipment to Russia. China exported made-ups worth $43.078 million during the same period, which was 15.44 per cent of the total.

Among the top ten products, other exports included camping textiles at $32.199 million (11.54 per cent), sacks and bags at $28.595 million (10.25 per cent), window textiles at $27.871 million (9.99 per cent), floor coverings at $16.341 million (5.86 per cent), furnishing articles at $8.678 million (3.11 per cent), table textiles at $4.384 million (1.57 per cent), and used/new rags at $0.798 million (0.29 per cent).

According to TexPro, home textile exports to Russia reached a multi-year high in 2020, touching a level of $1,248.006 million, which was around 126.50 per cent higher than the shipment of $551.214 million in 2019. The trade value halved to $650.172 million in 2021 and further declined to $544.216 million in 2022. However, it recovered to $636.928 million in 2023.

Fibre2Fashion News Desk (KUL)


This according to Fibre2Fashion's Market Intelligence Tool - TexPro

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