China : US becomes top market for Chinese knitwear

InquiryNow

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi@fibre2fashion.com in case you need any other additional information.

Name

Company

Phone Number

Country

Comments

Advanced Search

Find Suppliers. Source Fibres. Register Now! | Ad

Home / Knowledge / News / Apparel/Garments / US becomes top market for Chinese knitwear

US becomes top market for Chinese knitwear

23
Apr '13

The US has surpassed Japan to become the biggest market for China’s knitted apparel exports. In January-February 2013, Chinese knitwear exports to the US totaled US$ 1.611 billion, while those to Japan amounted to US$ 1.341 billion.

Hong Kong stood third with knitted garment imports worth US$ 937 million from China during the first two months of the current year. The export price of Chinese knitted garments to Hong Kong increased by 49.69 percent year-on-year.

Malaysia, for the first time entered the list of top five knitted apparel importers from China. With imports worth US$ 549 million, the Southeast Asian nation was the fifth largest market for Chinese knitwear. The average unit price of Chinese knitted garment supplied to Hong Kong increased by as much as 172 percent year-on-year.

At the recent meeting of China Knitting Industry Association, its president Yang Shibin presented a report on current situation of the Chinese knitting industry. He said the focus of the Knitting Association in 2013 would be to further consolidate the industry's share in international market, and make every effort to develop foreign markets and establish new contact points.

The Chinese knitted garment sector is currently facing uncertainties in both domestic and export markets, Mr. Shibin said. He added that in order to achieve steady growth, Chinese knitted apparel companies should avoid risks arising from changes in external environment.

Fibre2fashion News Desk - China

More Apparel/Garments News - China...

Must ReadView All

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Letter to Editor

RSS Feed

Search Companies

Leave your Comments

April 2018

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

news category

Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No Skip

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No Skip

Active Poll

Do you see sustainability as a route to business growth?

Yes

69.9%

12.6%

Skip

17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No Skip

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes

63.1%

29.1%

Skip

7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No Skip

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes

87.4%

8.7%

Skip

3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes

82.5%

7.8%

Skip

9.7%

Total Votes: 103

E-News Insight

Subscribe Today and Get the
Latest News Update in Your Mail Box.