Since May 1, 2026, my country has officially implemented a zero-tariff policy for 53 African countries. The policy covers all tax categories. Key textile trading countries such as South Africa and Nigeria are included in the scope of the policy. The policy is valid for two years.
The implementation of the new policy will have two-way benefits for the wool spinning industry: on the one hand, it can reduce the cost of importing high-quality wool and cashmere raw materials from Africa and enrich domestic raw material procurement channels; on the other hand, domestically produced Wool yarn, knitted fabrics, and cashmere products exported to the African market have zero tariffs, and product price competitiveness has been greatly improved, opening up a new incremental market space.
The release of policy dividends and the recovery of overseas demand have ushered in new opportunities for the development of foreign trade in the wool textile industry. China Lixian Oumu Woolen Textile Co., Ltd. actively deploys in African and pan-emerging overseas markets, relies on its rich product lines and source manufacturer advantages, seizes the opportunities of the zero-tariff policy, expands new foreign trade channels, and taps new export increases.