Affected by weak demand in overseas markets and increased market risks, textile machinery exports in 2023 are also under significant pressure.

According to customs statistics, in the first three quarters of 2023, China exported 3.382 billion US dollars of textile machinery to 195 countries and regions, a year-on-year decrease of 18.67%. From the perspective of export product categories, the seven categories of products all showed different levels of decline.

In the first three quarters of 2023, the export of spinning machinery was about 490 million US dollars, a decrease of 31.7%. The export of spinning equipment, special spare parts and auxiliary devices was about 216 million US dollars, a decrease of 9.38%. The export of ring spinning machine and rotary spinning machine decreased significantly, of which the export amount of ring spinning machine decreased by 62.2% year-on-year, and the export amount of rotary spinning machine decreased by 41.8% year-on-year. Wei Yingguang, deputy secretary-general of the China Textile Machinery Association, believes that this indicates that the demand for new and renovation projects in the main export market of China's spinning equipment has declined significantly. Spinning machinery main export countries for Vietnam, India, Turkey, Pakistan, Bangladesh and so on.

The number of shuttleless loom exports maintained growth, but rapier loom, water jet loom exports declined. According to customs statistics, the number of rapier loom exports in the first three quarters of 2023 increased by 17.76% year-on-year, and the amount decreased by 16.65% year-on-year; The number of air-jet loom exports increased by 71.75%, the amount increased by 83.4%; The number of water jet loom exports increased by 2.44%, and the amount decreased by 2.23%.

In knitting machinery, the export of circular weft machine has a large decline. In the traditional export key markets, the amount of exports to India and Indonesia increased year-on-year, and the rest, such as Vietnam, Turkey and Bangladesh, declined.

The international market pressure of dyeing and finishing machinery industry has intensified significantly compared with previous years, and the imports and exports of dyeing and finishing machinery in the first three quarters of 2023 showed a declining trend. Southeast Asia is the main export of our dyeing and finishing machinery, printing and dyeing products are mainly exported. Due to sluggish global demand and the impact of foreign exchange tightening and other factors, equipment investment in Southeast Asia and other countries has decreased, and dyeing and finishing machinery exports have declined. However, it is worth noting that in the first half of 2023, China's dyeing and finishing machinery exports to Russia increased significantly. According to customs statistics, the cumulative export amount of dyeing and finishing machinery in the first three quarters of 2023 was 599 million US dollars, down 11.6% from the same period last year. The top five exporting countries and regions are Vietnam, the United States, India, Bangladesh and Russia.

In terms of nonwovens equipment, according to customs data, the cumulative export of nonwovens machinery in the first three quarters of 2023 was 130 million US dollars, down 46.03% year-on-year, and the top five export places were India, Vietnam, Russia, Japan and Turkey.

From the perspective of China's main textile machinery exports, the textile machinery exported to the "Belt and Road" countries in the first three quarters of 2023 amounted to 2.529 billion US dollars, accounting for 74.79% of all exports. Exports to Northeast Asia, Central and Eastern Europe and Central Asia increased.

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