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China's Knit & Crochet Exports General Situation

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Knit & crochet exports ranked 4th in the list of the highest dollar value in Chinese global shipments during 2014. The export value was USD 92 billion and the percentage share was 3.9%. The analysis is as below.

Export Value Trend of China's knit or crochet in 2011-2014

China's Knit & Crochet Exports General Situation

China's knit & crochet export value had a tendency to increase from 2011 to 2013 and fell by 5% on year in 2016. And the total export value was USD 92.006 billion in 2014, 14.8% higher than 2011.

China's knit & crochet export value & volume from Jan. to Sep. in 2015

Month Volume Value(USD) Y-O-Y
Volume Value
Jan. 3,538,804,658 7,281,282,469 -15.20% -19.40%
Feb. 3,066,300,969 6,122,290,009 95.70% 94.50%
Mar. 1,550,991,375 3,050,791,863 -39.70% -40.70%
Apr. 2,695,812,815 4,958,707,264 -19.40% -23.30%
May. 3,201,418,505 6,280,963,264 -10.9 -11.90%
Jun. 3,417,209,933 7,518,497,195 -5.6 -7.80%
Jul. 3,648,217,177 8,509,744,114 -12.90% -13.80%
Aug. 4,054,890,409 9,335,745,072 -5.60% -9.20%
Sep. 3,824,643,411 8,673,672,279 -5.70% -9.90%
Total 28,998,289,252 61,731,693,529 -7.70% -10.40%

During this time, China's total export value of knit & crochet reached USD 61.732 billion, down 10.4% by year.

Major export countries for China's knit & crochet

Major export market for China's knit were America, Japan, England, The United Arab Emirates, Germany, Hong Kong, Australia, France and Russia from January to September in 2015.

China's Knit & Crochet Exports General Situation_1

Export Value Percentage

America topped the list, followed by Japan and England: 21.6%, 10.6% and 5% of China total knit & crochet export value, respectively. During this time, exports to Korea grew fastest and the growth was 21.5% by year.

Distribution of China's knit & crochet export enterprises from Q1 to Q3

No. Region Volume Value(USD) Y-O-Y
Volume Value
1 Guangdong 5,056,650,757 14,974,560,672 -15.70% -14.60%
2 Zhejiang 10,710,453,100 13,506,460,472 -6.40% -4.10%
3 Jiangsu 3,575,853,850 8,537,992,560 -1.50% -2.50%
4 Fujian 2,021,665,642 5,518,043,887 -9.40% -6.90%
5 Shandong 2,357,844,756 4,715,869,970 2.50% -1.90%
6 Shanghai 1,712,629,867 4,014,553,211 10.50% -6.10%
7 Jiangxi 1,299,230,022 3,589,836,364 16% 16.90%
8 Xinjiang 683,325,148 1,378,541,017 -40% -47.10%
9 Anhui 351,990,494 820,032,904 -1.30% -2.20%
10 Liaoning 154,521,295 610,902,811 -14.90% -22.70%
11 Henan 105,531,342 440,100,551 -40.10% -49%
12 Inner Mongolia 20,242,048 419,017,274 17.30% 11.20%
13 Hubei 148,647,148 377,873,956 25.90% 12.50%
14 Hebei 106,224,186 326,462,600 -35.40% -49.10%
15 Heilongjiang 72,134,515 313,882,705 -73.50% -71.30%
16 Chongqing 70,165,497 273,945,660 -6.90% 0.80%
17 Beijing 59,755,227 270,727,748 1.10% 1.80%
18 Hunan 86,081,986 269,566,922 -22.80% -41.40%
19 Tianjin 82,337,878 235,057,026 0.80% -10.30%
20 Jilin 189,174,826 231,764,129 32.20% 4.10%

Guangdong, Zhejiang and Jiangsu are the main regions where China's knit & crochet export enterprises located. Apart from three provinces above, others regions included Jiangxi, Hubei, Beijing and Jilin. In the list of top 20 export region, Inner Mongolia had the highest average price (20.0 USD/-) and Jilin had the lowest (1.23 USD/-)

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China's Knit & Crochet Exports General Situation