Analysis Of Import And Export Volume, Sub Products And Sub National Import And Export Volume Of China's Textile Machinery Industry In 2018

1. General situation of import and export of textile machinery industry

According to customs statistics, the total import and export volume of China's textile machinery in 2018 amounted to 7 billion 387 million US dollars, an increase of 6.78% compared with the same period last year. Among them: textile machinery imports $3 billion 721 million, an increase of 6.36% compared with the same period last year; exports of $3 billion 666 million, compared with the same period last year, an increase of 7.20%.

From the perspective of imported products, the import of auxiliary devices and spare parts came first. The total imports amounted to US $899 million, an increase of 7.73% compared with the same period last year, accounting for 24.15% of the total imports; seven categories of products three liters and four; and the increase in assistive devices and accessories, chemical fiber machinery and weaving machinery were all higher than the average level of the industry.

In 2018, the import of textile machinery was mainly in Japan, Germany, Italy, China, Taiwan and Belgium. The trade volume of the top five imports was US $3 billion 38 million, an increase of 7.35% compared with the same period last year, accounting for 81.63% of total imports.

In 2018, 29 provinces and autonomous regions of the country had different quantities of imports. Five provinces and municipalities such as Jiangsu, Zhejiang, Guangdong, Shanghai and Shandong ranked the top five of total imports, accounting for 82.83% of total imports. The total import volume of Jiangsu province ranked first in the US $1 billion 239 million, an increase of 19.67% compared with the same period last year, accounting for 33.31% of total imports.

With regard to the foreign market, with the acceleration of the industrial transfer in the textile industry, the demand for foreign markets in Southeast Asia, South Asia and Africa has increased. The export volume of the textile machinery industry has reached a record high. The innovation and quality improvement of the domestic textile machinery products has greatly enhanced the international competitiveness of the textile machinery industry. In 2018, the export of textile machinery was US $3 billion 666 million, an increase of 7.20% compared with the same period last year.

In 2018 1-12, customs statistics showed that the export volume of textile machinery was as follows: the export volume of knitting machinery was 956 million US dollars, a decrease of 8.24% compared with the previous year, accounting for 26.08%, ranking first, followed by printing and finishing machinery, auxiliary equipment and spare parts, spinning machinery, weaving machinery, chemical fiber machinery and nonwoven machinery. Seven kinds of products increased except knitting machinery, and the growth of chemical fiber machinery was obvious.

In the 1-12 month of 2018, China exported textile machinery products to 188 countries and regions. In 2018, the total amount of exports to India, Vietnam, Bangladesh, Indonesia and Turkey accounted for 51.40% of the total export volume. It was the main country and region for the export of textile machinery in China, and the most obvious trading partners were Turkey and Vietnam.

The development of the textile industry has a direct impact on the market situation of the textile machinery industry. Since 2018, with the demand differentiation of textile industry, the market sales situation of each sub sector of textile machinery is also different. From the third quarter of 2018, some textile products orders declined, most of the sales of spinning machinery decreased, but the whole year remained stable. Weaving machinery showed a high growth trend in the first half of the year, the market slowed down in the second half of the year, the sales of main products of knitting machinery slowed down, the printing and dyeing and finishing machinery market was stable, and the new orders of chemical fiber machinery slowed down in the four quarter. The non-woven machinery showed a trend of growth decline in 2018 after the high growth in previous years. The future spinning machine market is still facing downward pressure.

Looking forward to 2019, despite the profound changes in the international environment, China's economic operation is stable, changing and worrying, and the downward pressure is increasing. However, China's development is still in an important period of strategic opportunities, and the fundamentals of long-term economic development have not changed. A series of policies, such as the reduction of the value-added tax rate of manufacturing industry, the optimization of the development environment of private economy, and the reduction of the burden of corporate social security payment, will form substantial positive effects on China's textile machinery enterprises. Although the external demand market of textile and clothing is facing increasing uncertainties, China's overall stable macroeconomic environment and continuously upgraded domestic demand market will still provide the basic driving force for the innovation and development of the textile and garment industry. The domestic market of textile machinery will focus on the new capacity of the domestic textile industry transfer and upgrading of existing capacity. At the same time, with the acceleration of global textile industry transfer and the influence of spinning machinery enterprises actively expanding overseas markets, the export of textile machinery industry is expected to maintain growth.

Overall, China's textile machinery industry will face more challenges in 2019. The pace of structural adjustment and industrial upgrading will continue to accelerate, and the overall operation of the textile industry will still slow down and enter a new stage of adjustment. Textile machinery enterprises should adapt to the needs of transformation and upgrading of textile industry, actively adjust product mix and steady operation to deal with market fluctuations, and continue to promote technological innovation of textile equipment and promote high quality development from the aspects of intellectualization, efficiency improvement and environmental protection.