Data From The General Administration Of Customs: Import Of US Cotton Accounted For 77% In April, Ranking First

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In April 2022, China's cotton import volume decreased month on month and year-on-year. Among the modes of trade, the general trade is the most, more than 60%. Among the source countries, the United States still ranked first, accounting for 77%, Brazil ranked second, accounting for 14%, followed by Egypt.

According to the data of the General Administration of customs, in April 2022, the import volume of cotton in China was 173 000 tons, down 15.2% month on month and 24.5% year on year; The average import price was 2603 US dollars / ton, an increase of 96 US dollars or 3.9% compared with March, and a year-on-year increase of 36.6%. From January to April 2022, China imported 790000 tons of cotton, a year-on-year decrease of 34%; In the first eight months of 2021, China imported 1.158 million tons of cotton, a year-on-year decrease of 46.7%.

From January to April of 2022, China's textile and garment industry has accumulated US $95.84 billion, with a year-on-year increase of 8.65%, of which the textile export is US $48.82 billion, an increase of 11.14%; Clothing exports totaled 47.02 billion US dollars, an increase of 6.17%.

In April, the total export volume of textiles and clothing was 23.591 billion US dollars, with a year-on-year increase of 1.35% and a month on month increase of 6.99%. Among them, the export of textile yarn, fabric and products was 12.259 billion US dollars, with a year-on-year increase of 1.63% and a month on month growth of 3.67%; The export of clothing and accessories was $11.332 billion, up 2.39% year-on-year and 10.84% month on month. In April 2022, China's cotton yarn import volume was 120000 tons, a year-on-year decrease of 48.9%. From January to April of 2022, the total cotton yarn import volume was 490000 tons, a year-on-year decrease of 38.8%.