National Bureau of Statistics of China stats show, the country’s sewing machine exports declined by 21.90 per cent on Y-o-Y basis in January-June ’20 period. The total revenues clocked by the country in sewing machine exports during the first half of 2020 were $934 million. Of total export values, industrial sewing machines contributed $ 446 million and declined significantly by 26.03 per cent on Y-o-Y basis. As far as export volume is concerned, Chinese industrial sewing machines fell by 26.41 per cent to 1.42 million sets. The average export cost per sewing machine valued $371.66 during H1 ’20.

In June ’20, China exported sewing machines worth $169 million, marking a 20.93 per cent yearly decline. However, the country’s exports increased by 23.14 per cent from May ’20.

The export volume of industrial sewing machines, in particular, in June ’20 fell by 31.96 per cent on Y-o-Y basis to 221,700 sets but, as compared with May ’20, the volume-wise shipment surged by 16.91 per cent. The export value of industrial sewing machines also declined 43.96 per cent to $59.67 million on a yearly basis. However, on M-o-M basis, the value increased by 4.17 per cent.