China ships US $ 2.49 billion worth of sewing machines in 2019!

General Administration of Customs, China has recently released 2019 export data of the sewing machinery products from the country.

China escalated by 1.27 per cent to export US $ 2.49 billion worth of sewing machinery products in 2019, which means the average monthly export valued at US $ 207 million.

The export was dominated by industrial sewing machines in 2019, which accounted for around 49.37 per cent of the total export; however, it marked a Y-o-Y decrease of 4.21 per cent to clock US $ 1.23 billion revenue.

The Asian countries continued to see growth in importing sewing machines from China. Vietnam topped the tally with US $ 373.21 million worth of sewing machines imported from China in 2019, marking 11.48 per cent growth on Y-o-Y basis.

Of overall import by Vietnam, industrial sewing machines accounted for US $ 193.94 million, noting 14.38 per cent growth.

India grew by significant 23.17 per cent to import US $ 297.68 million worth of sewing machinery from China in 2019. The share of industrial sewing machines was US $ 114.58 in overall import value, which declined by 0.85 per cent on the yearly basis.

Affected by Sino-US trade war, China’s sewing machine export to USA continued to decline sharply in 2019. The export of sewing machinery to USA declined by a massive 28.30 per cent and valued at US $ 109.95 million of which industrial sewing machines contributed just US $ 32.38 million, falling 12.75 per cent.

On the other hand, Bangladesh plunged by 1.56 per cent in its sewing machine import from China in 2019, spending US $ 99.27 million on imports. Industrial sewing machines accounted for around US $ 51.57 million, slashing over 4 per cent on yearly note.