China’s cotton yarn exports in June 2022 declined by 13.7 per cent Y-o-Y to 14kt. In the first half of 2022, the exports declined by 6.7 per cent to 80.7kt.
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 by 53 per cent and combed 8.2-25S increased 18.9 per cent, while combed 8.2-25S plied yarn declined 25.7 per cent and combed 66S plied yarn moved down 23.7 per cent.
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 per cent and that of Vietnam inched up.The export volume to Vietnam, Thailand, Iran and Bangladesh all saw big leaps.
