Stewart Pinned Products(Zhengzhou) Ltd
Tel:+86 371 6226 5807/9
Mail:info@pinnedproducts.cn
Add:Jiulong Industrial Park, Jingkai District,
Zhengzhou City, P R China
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From January to December 2024, China's sewing machinery industry import and export briefingTime:2025-02-20 In December, China's sewing machinery exports continued to accelerate growth, monthly exports of 330 million US dollars, the highest monthly value of the year, an increase of 33.00%, a month-on-month growth of 6.40%, product exports to 179 countries and regions, of which more than 60% of the market exports positive growth. To South Asia, ASEAN, Africa, Latin America, the United States and other local markets sewing machinery exports have shown rapid growth. Export profile According to the data of the General Administration of Customs, the total export value of China's sewing machinery products in 2024 was 3.424 billion US dollars, an increase of 18.39%. Among them, the export volume of industrial sewing machines was 4.69 million units, and the export volume was 1.522 billion US dollars, an increase of 8.42% and 16.48% respectively. Embroidery machine exports 96,000 units, down 19.37%, exports of 683 million US dollars, an increase of 38.41%; Before and after sewing equipment exports 1.97 million units, exports of $494 million, an increase of 23.18% and 14.58% respectively. The export volume of various categories of products in the industry showed an increasing trend. In December, China's export of sewing machinery products was 330 million US dollars, an increase of 33.00% and 6.40%. Among them, the export volume of industrial sewing machines 380,000 units, an increase of 28.80%, a decline of 7.34%, exports of 137 million US dollars, an increase of 36.15%, an increase of 0.26%; The export volume of embroidery machines was 9006 sets, the export volume was 70 million US dollars, an increase of 65.55% and 51.63% respectively, and the export volume increased by 0.78% month-on-month; The export volume of equipment before and after sewing was 172,300 units, the export volume was 54 million US dollars, an increase of 7.91% and 31.97% respectively, and the export volume increased by 27.43% month-on-month; Sewing machine parts exports of US $41 million, an increase of 13.37%, an increase of 8.88%. The export value of all kinds of products in the industry showed an increasing trend. Overseas export market situation In 2024, China's export of sewing machinery products to Asia, Latin America and Africa markets showed growth, while exports to Europe, North America and Oceania showed a year-on-year decline. Among the regional markets, China's exports to the "Belt and Road" market were 2.393 billion US dollars, an increase of 26.95%, accounting for 69.88% of the industry's exports, an increase of 4.71 percentage points over the same period last year; Exports to the RCEP market reached 1.029 billion US dollars, an increase of 40.90%, accounting for 30.05% of industry exports, an increase of 4.80 percentage points over the same period last year; Exports to the South Asian market were 913 million US dollars, an increase of 44.31%, accounting for 26.66% of industry exports, an increase of 4.79 percentage points over the same period last year; Exports to the ASEAN market were 903 million US dollars, an increase of 53.43%, accounting for 26.36% of industry exports, an increase of 6.02 percentage points over the same period last year; Its export to West Asia was US $249 million, down 12.86% year-on-year. Exports to the EU market were US $138 million, down 23.71% year-on-year; Its export to East Asia was US $110 million, down 11.85% year-on-year; Exports to the Central Asian market were 97.37 million US dollars, down 31.68% year-on-year. Specific country point of view, in 2024, China's sewing machinery products exports to 207 countries and regions, nearly 60% of the market exports positive growth, the industry's top six export markets (India, Vietnam, Pakistan, Bangladesh, Brazil, Indonesia) exports showed more than 30% year-on-year growth. Among the top 20 export markets, 13 markets have positive year-on-year growth in exports, including 11 markets with a year-on-year increase of more than 30%, and 1 market with a year-on-year doubling of exports - Pakistan. India is still China's largest sewing equipment export market. China's annual export of sewing machinery products to India reached 562 million US dollars, an increase of 30.52%, accounting for 16.42% of China's industry exports; Exports to Vietnam 368 million US dollars, an increase of 71.19%, accounting for 10.74% of China's industry exports; Exports to Pakistan were 169 million US dollars, an increase of 154.17%, accounting for 4.94% of China's industry exports; Exports to Bangladesh were 143 million US dollars, an increase of 30.79%, accounting for 4.19% of China's industry exports; Exports to Brazil $142 million, an increase of 40.79%, accounting for 4.14% of China's industry exports. In addition, China's investment in Indonesia, Cambodia, Malaysia, Singapore, Thailand and other ASEAN markets, Egypt, Algeria, Nigeria, Morocco, Ghana, Kenya, Ethiopia, Tanzania, Togo and other African markets, As well as Colombia, Peru, Guatemala, Dominica, multi-ethnic Bolivia, Venezuela, Paraguay, Nicaragua and other Latin American markets, South Korea and other East Asian markets, Iran, Iraq and other Middle Eastern markets exports of machinery products showed a year-on-year growth trend. Among them, exports to Pakistan, Paraguay, Nicaragua, China's Macau, Rwanda and other markets have doubled year-on-year. For the United States, Canada and other North American markets, Japan and other East Asian markets, Germany, Poland, Italy, the Netherlands, Ukraine and other European markets, Turkey, the United Arab Emirates, Mexico, Australia and other regional markets, as well as the rapid growth of last year's Russia, Central Asia, some local markets sewing machinery exports have shown different levels of decline. In December, China's sewing machinery exports to 172 countries and regions, of which more than 60% of the market exports positive year-on-year growth, South Asia, ASEAN, Africa, Latin America and other regional markets sewing machinery exports showed rapid growth, while Europe, North America, West Asia, central and eastern Europe and other regional markets exports showed a decline year-on-year. Among them, the export to ASEAN was 93.47 million US dollars, a year-on-year increase of 62.70%, and the export to South Asia was 91.24 million US dollars, a year-on-year increase of 48.97%. In terms of specific countries, the export to India was 53.21 million US dollars, an increase of 26.72% year-on-year, an increase of 0.14% quarter-on-quarter; Exports to Vietnam were 31.56 million US dollars, up 59.06% year-on-year, down 1.43% quarter-on-quarter; The export to Bangladesh was 17.33 million US dollars, up 83.68% year-on-year and 26.86% quarter-on-quarter. Exports to Pakistan amounted to $16.15 million, up 125.35% year-on-year and down 18.92% quarter-on-quarter. In addition, The United States, Cambodia, Indonesia, Malaysia, Brazil, Singapore, Thailand, Egypt, South Korea, Kenya, Germany, Uzbekistan, Iran, Myanmar, Taiwan of China, Sri Lanka, Morocco, Colombia, Saudi Arabia, Ghana, Spain, Argentina, Canada, Kazakhstan, Jordan, Afghanistan, Tanzania, Yemen, and Belgium When the market sewing machinery exports showed double-digit growth year-on-year, including Pakistan, Cambodia, Thailand, Kenya, Myanmar, China Taiwan, Afghanistan, Belgium, Turkmenistan, Madagascar, Bulgaria, Portugal and other markets exports showed double growth year-on-year; Exports to Turkey, Mexico, Nigeria, Hong Kong, Poland, Peru, Kyrgyzstan, Iraq, Italy, Australia, the Netherlands, Ethiopia and other markets showed varying degrees of decline. Import profile According to the latest customs data, the cumulative import of sewing machinery products in 2024 in China is 426 million US dollars, down 54.19% year-on-year. Among the various categories of products, the import amount of sewing equipment and household sewing machines fell sharply year-on-year, and the import amount of other categories of products showed a double-digit growth trend. Among them, the import of industrial sewing machines 48,000 units, the import value of 88.22 million US dollars, an increase of 28.49% and 14.34% respectively; Before and after sewing equipment imports 18,400 units, the import value of 227 million US dollars, down 41.96% and 70.54% respectively; The import value of sewing machine parts and components was 88.61 million US dollars, an increase of 36.89%; 724 embroidery machines were imported, with an import value of US $12.6 million, up 66.06% and 74.52%, respectively. Household sewing machine imports of 120,000 units, the import value of 10.22 million US dollars, down 7.80% and 16.54% respectively. In December, the import value of sewing machinery products in China was 38.01 million US dollars, down 7.54% from the previous year, an increase of 9.06%. Among them, the import volume of industrial sewing machines was 2531 sets, down 20.56% year-on-year, and the import value was 8.12 million US dollars, an increase of 19.42%, an increase of 18.66% and 104.18% respectively. The import volume of sewing equipment before and after 2788 sets, an increase of 38.02%, the import value of $186.1 million, down 30.29%; The import value of sewing machine parts and components was 10.03 million US dollars, an increase of 36.24%; Household sewing machine imports 9,932 units, the import value of $1.06 million, an increase of 275.08% and 420.75% respectively. Source: General Administration of Customs |