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China’s sewing machinery exports decline by 21.90 per cent

  

As per Kohan Textile Journal, from January-June 20, China’s exports of the sewing machine decreased by 21.90 per cent on a Y-o – Y basis. The country’s overall sewing machine export revenues during the first half of 2020 declined to $934 million. Iindustrial machinery exports decreased by 26.03 per cent to $446 million.

As regards export volumes, Chinese industrial sewing machines dropped to 1.42 million sets by 26.41 percent. The average exportation cost per sewing machine for H1’20 was $371,66.

China exported $169 million sewing machines in June ’20, which was a 20.93 per cent dip from its past year. However, exports increased 23.14 per cent from May 20. In particular, the volume of exports of industrial sewing presses fell by 31,96 per cent to 221.700 sets , but compared to May’20, the volume of shipment increased by 16,91 per cent. Export of industrial sewing machines also declined by 43.96 per cent to $59.67 million. However, their value increased however by 4.17 per cent on the M-o-M basis.

 
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