In the first quarter of this year, the global economy is slowly recovering, with the growth momentum of major economies showing a differentiating trend. The United States’ tariff policy brings new uncertainty to the international trade system; however, China’s economic performance has exceeded market expectations. China’s technical textiles industry has continued its recovery momentum in 2024, maintaining industrial value-added growth, while several major economic indicators are steadily rising, and overall exports are experiencing a trend of consistent growth. According to the association’s research, in March 2025, China’s technical textiles industry prosperity index rebounded by 2.2 points from the previous year to 54.8.
According to data from the National Bureau of Statistics, the output of nonwoven enterprises above designated size surged by 8.9% year-on-year from January to March, while that of cord fabric (in tyres) declined by 0.4% year-on-year.
In terms of economic efficiency, the operating revenue and total profit of enterprises above designated size in the technical textiles industry in the first quarter this year grew by 6.7% and 10.9% year-on-year, respectively, and the operating profit margin was 3.3%.
Table 1: Key Economic Indicators of Major Products Above Designated Size of China’s Technical Textile Industry in Q1, 2025
Source: China Customs
Table 2: The Exports of Main Products in China’s Technical Textile Industry in Q1, 2025
Source: China Customs
Source: CHINA TEXTILE LEADER Express
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