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2022
Exports $303BWorld Rnk 1 / 226
Flag Rnk 2 / 21
2022
Destination $3.33B United States
2021 - 2022
FASTEST GROWING MARKET $3.33BKyrgyzstan
2022
PRODUCT COMPLEXITY IN Textiles1.5Rnk 52 / 1025
2022
Imports $27.8BWorld Rnk 8 / 226
Flag Rnk 12 / 21
2022
Origin $1.55B United States
2021 - 2022
FASTEST GROWING ORIGIN $1.55BUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $303B in Textiles, making it the 1st largest exporter of Textiles in the world. At the same year, Textiles was the 2nd most exported product in China. The main destination of Textiles exports from China are: United States ($42.5B), Japan ($19.6B), Vietnam ($16.1B), Germany ($12.2B), and Bangladesh ($9.37B).

The fastest growing export markets for Textiles of China between 2021 and 2022 were Kyrgyzstan ($3.33B), Vietnam ($1.63B), and Kazakhstan ($1.1B).

Imports In 2022, China imported $27.8B in Textiles, becoming the 8th largest importer of Textiles in the world. At the same year, Textiles was the 12th most imported product in China. China imports Textiles primarily from: United States ($3.61B), Vietnam ($3.52B), Japan ($1.97B), Italy ($1.96B), and Australia ($1.87B).

The fastest growing import markets in Textiles for China between 2021 and 2022 were United States ($1.55B), France ($281M), and United Arab Emirates ($126M).

COMPANIES In 2023, leading companies such as IKEA Group (9.24k), CrimsonLogic (7.42k), and Itourscm (3.24k) were at the forefront of shipping Textiles from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Textiles exports accounted up to $27.7B and imports accounted up to $2.53B, resulting in a positive trade balance of $25.2B. Between August 2023 and August 2024 the exports of China's   Textiles have increased by $91.3M (0.33%) from $27.6B to $27.7B, while imports decreased by $-385M (-13.2%) from $2.92B to $2.53B.

Destinations In August 2024, Textiles were exported mostly to United States ($5.23B), Japan ($1.49B), Vietnam ($1.46B), United Kingdom ($808M), and South Korea ($744M), and were imported mostly from Vietnam ($436M), Italy ($253M), Australia ($252M), France ($152M), and United States ($143M).

Growth In August 2024, the increase in Textiles's year-by-year exports was explained primarily by an increase in exports to Kazakhstan ($214M or 90.9%), Singapore ($184M or 92.2%), and Kyrgyzstan ($108M or 29.1%). In August 2024, the decrease in Textiles's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-306M or -57.2%), India ($-149M or -86.9%), and Brazil ($-120M or -40.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$91.3M(0.33%)
IMPORT GROWTH (August 2023 - August 2024)$-385M(-13.2%)
MAIN EXPORTER (August 2024)Zhejiang Province$9.04B
MAIN DESTINATION (August 2024)United States$5.23B

This section shows Textiles's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Textiles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$303B
IMPORTS (2022)$27.8B
NET TRADE (2022)$276B

In 2022, China exported $303B in Textiles. The main destinations of China exports on Textiles were United States ($42.5B), Japan ($19.6B), Vietnam ($16.1B), Germany ($12.2B), and Bangladesh ($9.37B).

In 2022, China imported $27.8B in Textiles, mainly from United States ($3.61B), Vietnam ($3.52B), Japan ($1.97B), Italy ($1.96B), and Australia ($1.87B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textiles EXPORT MARKETS FOR China WERE (2021 - 2022):
Kyrgyzstan$3.33B (86%)
Vietnam$1.63B (11.3%)
Kazakhstan$1.1B (36.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textiles BY China WERE (2021 - 2022):
Hong Kong-$2.08B (-33.1%)
China-$860M (-42.6%)
Austria-$472M (-57.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Textiles were:
Bangladesh $57.7B
Vietnam $48.8B
In 2022, China's main importing competitors in Textiles were:
United States $148B
Germany $69.3B
Japan $35.3B

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Trade Value of Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.6B
TOP IMPORT POTENTIALVietnam+ $1.24B

Textiles’s highest export potential is India. With an export gap of $2.6B.   Textiles’s highest import potential is Vietnam with an import gap of $1.24B.

See methodology.

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