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Sewing machinery export of China reaches US $ 3.15 billion in 2021
Home / / Sewing machinery export of China reaches US $ 3.15 billion in 2021

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Sewing machinery export of China reaches US $ 3.15 billion in 2021

According to General Administration of Customs of China (GACC), the sewing machine sector of the country has clocked US $ 3.15 billion export revenues in 2021.

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In 2020, the sewing machine export of the country had valued US $ 2.36 billion and China has thus witnessed a 33.47 per cent yearly growth in 2021.

In 2021, China has exported 4.77 million sets of industrial sewing machines, experiencing 22.10 per cent Y-o-Y growth and fetching US $ 1.54 billion export revenues – 48.07 per cent higher than the year before.

Embroidery machine has secured an export volume of 31.20 thousand sets (pricing minimum US $ 2,000 per set), worth of US $ 350 million, noting 60.41 per cent and 81.43 per cent growth in volumes and values, respectively.

Regarding different continents, China’s export of sewing machinery to Asia, Africa, Europe, North and South America has grown at a two-digit rate. Specifically, export to Asian countries has reached US $ 2 billion, increasing 39.33 per cent in 2021 over 2020.

Export to Europe reached US $ 360 million (up 22.16 per cent), while it valued US $ 300 million (up 41.54 per cent) in South America. As far as North America is concerned, sewing machinery exports of China clocked US $ 200 million in 2021, noting 10.38 per cent yearly growth.

Regionally, China has exported sewing machinery worth of US $ 2 billion to countries along the “Belt and Road,” growing 43.63 per cent compared to the year before.

 

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