Fiber, textile and clothing industry chain export in May

From the converted export volume data, all categories showed both month-on-month and year-on-year growth, with an overall acceleration in export growth.

Three main segments

Finished fabric products remained the fastest-growing segment. Yarns and fabrics showed relatively weaker performance. In the key subcategory, notable increase was witnessed in the export of used clothing.

Overall Trend Gradually Rising

From the trend chart, it is evident that there was a significant rise both year-on-year and month-on-month. Despite some differences among sections, the overall major categories showed similar trends. Seasonal upward trends were relatively evident this year, though shipping delays due to maritime congestion in April-May cannot be ruled out.

May Export Growth Accelerated

Specifically, in the three main segments, the year-on-year growth rate for the month exceeded the cumulative year-on-year growth rate, indicating an accelerated growth rate in May exports.

From detailed subcategories, most varieties showed some degree of growth both year-on-year and month-on-month.

Comparison from January to May

For the period from January to May, fabric and other textiles performed the best, fibers and yarns were the weakest (mainly dragged down by polyester filament exports), and apparel was in the middle.

Specific Subcategory Growth

For cumulative year-on-year changes from January to May, categories with changes exceeding 20,000 tons were selected. It is evident that used clothing showed the most significant increase, followed by synthetic fiber filament yarn and woven fabrics, with an increase of over 100,000 tons compared to the same period last year. The most significant decline was in synthetic fiber filament yarn, mainly polyester filament.

(Selected categories with changes exceeding 20,000 tons)

A notable mention is the rapid growth trend of used clothing exports over the past few years, which appears to be accelerating. From January to May, the main destinations were Kenya, the Philippines, Angola, Tanzania, and Nigeria.

Harmonized System (HS) Code & Tariff Index