On May 11, 2026, China’s Agreement on Africa 53 officially came into effect on May 1 The zero-tariff policy of the two countries that have diplomatic relations has been implemented for more than ten days, and the policy dividends have continued to be released, bringing dual development opportunities to the domestic wool textile industry of reducing the cost of raw material imports and expanding export sales of finished products, becoming an important new engine for the industry's foreign trade growth.
This zero-tariff policy covers Africa
53 countries, 100% implemented
All tax items are exempt from tax, and key textile trade countries such as South Africa, Nigeria, and Egypt are all included in the policy scope. For the wool spinning industry, the favorable policies are first reflected in the import of raw materials. High-quality wool and natural textile raw materials from Africa can enjoy zero-tariff entry, significantly reducing the raw material procurement costs of domestic wool spinning companies, broadening the import channels for high-quality raw materials, and optimizing the raw material procurement structure.
At the foreign trade export level, domestic cashmere thread, Wool knitting yarn, knitted fabrics, cashmere thermal products, hand-knitted wool and other products are exported to the African market. Tariff thresholds have been completely cleared, and product price competitiveness has been greatly improved. Africa has a huge population base, strong consumer demand, and vast space for growth in the knitted apparel and home textile markets, providing an excellent opportunity for domestic woolen textile companies to open up new overseas incremental markets.
The dual-circulation pattern of domestic and foreign trade is accelerating. Relying on the zero-tariff policy, China-Africa textile trade will become closer. Woolen textile companies with formal quality, stable supply, and compliance management capabilities will be the first to seize the dividends of the African market. China Lixian Oumu Woolen Textile Co., Ltd. seizes the opportunity of the zero-tariff policy towards Africa, actively deploys in Africa and pan-emerging overseas markets, strictly follows international quality standards, has rich product categories, complete specifications, and compliant quality. It can undertake foreign trade bulk orders, sample customization, and long-term fixed-point supply. Relying on the advantages of source factories, it seizes new opportunities in China-Africa textile trade, broadens export channels, and achieves steady growth in the company's foreign trade business.