Home / Knowledge / News / Textiles / Decline in textile machinery exports arouses concern
Decline in textile machinery exports arouses concern
Jun '08
The textile machinery industry of China is still believed to be in its early stages of development and for this ongoing year, the export value of the sector is likely to exceed US $1.8 billion.

According to the data of China Customs, the country exported 1,825 sets of shuttle less looms worth $8.13 million in the first four months of this year, down by 24.42 and 26.89 percent over last year in terms of volume and value respectively.

On the other hand, it imported 6,086 sets of shuttleless looms, dropping by 15.95 percent compared to 2007. However, the import value reached $286.53 millions, up by 5.76 percent.

Considering the present market situation, experts believe that some of the enterprises in the machinery industry may even end up in worse situation compared to the previous year. While Chinese cotton textile machinery industry will enter into adjustments, the low grade cotton textile machines industry will only hold a minute share of the domestic and global market.

Textile machinery export of the country has been increasing by about 30 percent each year for the past couple of years and last year it accounted for nearly 43 percent of the total textile machinery exports of China.

These figures show that the country depends heavily on revenues generated from the transaction of textile machinery and even a marginal decline in exports is likely to affect the overall earnings of the country.

Fibre2fashion News Desk - China

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search