Panama imported 12.98 million pieces (sets) of silk garments from China during the initial seven months of 2011, registering an increase of over 10 times year-on-year.
The value of imports stood at US$ 3.07 million, which was also an increase of more than 10 times year-on-year.
Average price of an imported silk garment worked out to US$ 0.24 per piece (set), which is a substantial 98.46 percent dip year-on-year.
Volume-wise, Panama's imports accounted for 6.59 percent of total silk garment exports from China, while value-wise they just contributed 0.44 percent to the total Chinese earnings from silk garment exports.
Fibre2fashion News Desk - India