China cotton yarn exports in H1 2022 down 6.7% y-o-y

China cotton yarn exports in Jun 2022 totaled 14kt, down 13.7% on the year. In the first half of 2022, the exports amounted to 80.7kt, down 6.7% on the year or 5.8kt.

The product structure of the exports did not change much from 2021. It was concentrated in medium to high-count combed cotton yarn and low-count carded one.

In terms of the export volume, carded 8.2-25S rose 53% and combed 8.2-25S increased 18.9%, while combed 8.2-25S plied yarn declined 25.7% and combed 66S plied yarn moved down 23.7%.

In terms of the destination, the largest destination of Chinese cotton yarn has changed from Pakistan to Bangladesh. The shares of Hong Kong sharply dropped to 4% and that of Vietnam inched up.

The export volume to Vietnam, Thailand, Iran and Bangladesh all saw big leaps.

In conclusion, China cotton yarn exports in H1 2022 inched down on the year, and the exported products were mainly high-count combed cotton yarn with Bangladesh, Vietnam and Pakistan as the major destinations.