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Clothing & footwear exports grow in March
13 Apr '09
1 min read
According to customs statistics, in March this year, China's import and export value reached US $162.02 billion, a year-on-year decline of 20.9 percent, from which, exports registered $90.29 billion, down 17.1 percent while imports marked $71.73 billion, down 25.1 percent year-on-year.
Trade surplus touched $18.56 billion in March this year, representing an increase of 41.2 percent year-on-year. But the best news is that, in March, exports of labor-intensive products performed well, which have strong competitive edge in the international markets.
On year-on-year comparison basis, garment exports amounted to $7.43 billion, an increase of 9.9 percent; furniture exports fetched $2.23 billion, increase of 1.3 percent; footwear exports stood $2.08 billion, a growth of 7.7 percent and bag exports registered $980 million, up 11.7 percent.
Trade surplus touched $18.56 billion in March this year, representing an increase of 41.2 percent year-on-year. But the best news is that, in March, exports of labor-intensive products performed well, which have strong competitive edge in the international markets.
On year-on-year comparison basis, garment exports amounted to $7.43 billion, an increase of 9.9 percent; furniture exports fetched $2.23 billion, increase of 1.3 percent; footwear exports stood $2.08 billion, a growth of 7.7 percent and bag exports registered $980 million, up 11.7 percent.
Fibre2fashion News Desk - China
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