A record monthly high of VFY export volume in Aug

According to customs data, VFY (H.S. code: 54033190) export of China increased by 9.98% month on month and 37.24% year on year to 12.219kt, hitting new highs in the past few years. It is also the second time of exceeding 10kt since the beginning of this year. In the first eight months of 2025, the exports amount to 74.647kt, rising by 21.76% on yearly basis. The average export volume in Jan-Aug this year is 9,331 tons, which is much higher than 7,663 tons in the same period of 2024.

The export price of VFY in Aug slightly rise to $5,194. In the first eight months of 2025, the average export price is $5,175/mt, which is lower than $5,341/mt in the same period of 2024.

India and Pakistan continue to take the leading positions in China's VFY export, accounting for 86% of total in Aug this year. As for origins, Henan, Jilin and Sichuan are the major origins, taking up 87% of the total volume.

VFY export to the major destinations generally increased in Aug, with a y-o-y growth of 34% and 32% respectively for India and Pakistan. The export to Turkey and Italy saw a notable increase of 59% and 56% respectively in Aug. In Jan-Aug, the export to India occupied more than 60% of the share. As for the major origins, the export from Sichuan saw a notable increase of 73%, and that from Hubei increased by 71% on yearly basis.

India and Pakistan have always been the most important consumer markets for VFY, which is mainly used in the production of ethnic costumes. Meanwhile, their climatic conditions and aesthetic preferences impose high requirements on the breathability and color vibrancy of fabrics. Therefore, the demand for VFY in these markets is quite inelastic and not easily replaceable by cheaper PFY. With the continuous population growth and economic development in these two major markets, the downstream textile equipment locally is not only increasing in quantity but also undergoing upgrading. Consequently, the consumption and volume of fibers are constantly rising, and this momentum is expected to be maintained in the medium to long term, making them the most important demand support for VFY.