Home / Knowledge / News / Apparel/Garments / Textile and apparel exports drop significantly in Jan-Feb
Textile and apparel exports drop significantly in Jan-Feb
16
Mar '09
According to statistics released by the General Administration department, China's total of textile and apparel exports registered US $21.903 billion in the first two months of 2009, a drop of 14.54 percent year-on-year.

From amongst overall exports from the sector, textile exports totaled $7.286 billion and apparel exports marked $14.617 billion, representing a negative growth rate of 20.06 percent and 11 percent, respectively.

Orders received in the fourth quarter of 2008 reduced sharply and in most cases foreign trade orders are received 2-4 months in advance, therefore the substantial reduction in exports from the sector in January to February is reasonable.

But since the beginning of 2009, exporting companies have reported to have received a good amount of orders for completion in the next 3-4 months, which is expected to improve the rate of exports in the next few months.

In addition, the domestic apparel market demand is displaying a relatively high level of sales, which has raised the hopes of exporters who had diverted a percentage of excess capacities for domestic consumption.

Fibre2fashion News Desk - China


Must ReadView All

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Lynda Kelly
Suominen Corporation

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

Urs Stalder
Sanitized AG

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search