Home / Knowledge / News / Apparel/Garments / Chinese garment exports reflect positive trend
Chinese garment exports reflect positive trend
06
Jan '12
The export of Chinese garments showed a positive trend and grew to US$ 139.8 billion with a year-on-year rise of 19.6 percent during the initial 11 months of 2011.

China's garment exports to the US with a year-on-year rise of 11.6 percent grew to US$ 25.9 billion during January-November 2011.

Likewise, exports to the EU and Japan grew at a year-on-year rate of 22.6 percent and 21.1 percent to US$ 38.42 billion and US$ 20.26 billion, respectively during the period.

The apparel exports growth rate in respect of countries like Korea and Russia hovered between 22 to 29 percent year-on-year.

The rise is export growth is mainly attributable to rise in unit prices, which surged by 28.5 percent y-o-y, as volume-wise the exports plummeted by seven percent during the review period.

Segment-wise, the export of knitted garments dropped by 0.4 percent y-o-y in volume, but it grew by 20.9 percent to US$ 65.19 billion in terms of value, owing to a 21.3 percent rise in unit price.

Woven garment exports increased both in terms of value and volume. These grew to US$ 54.81 billion with a 17.3 percent y-o-y rise, and volume-wise these grew by 3.7 percent, while unit price saw an increase of 21.7 percent.

Shanghai, Jiangsu, Guangdong and Zhejiang provinces contributed the most to the country's garment exports during the period. Garment exports from Jiangsu province jumped by 20.9 percent y-o-y, while the growth rate of exports from the other three provinces was in the range of 15-18 percent.

Fujian province successfully retained a growth rate of over 40 percent since the very start of 2011, which helped it to replace Shandong as the fifth biggest garment exporting province of China, while Shandong slipped to the sixth position with an export growth of 24.1 percent.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X