Home / Knowledge / News / Apparel/Garments / RMG exports from Guangdong to US record growth
RMG exports from Guangdong to US record growth
03
Nov '09
According to Guangzhou Customs statistics, from January to September, garment exports from Guangdong reached US $16.33 billion, down 9.6 percent compared with same period last year.

Among them, September exports stood at $2.13 billion, down 7 percent year on year, though the decline narrowed 5.3 percent from the previous month.

Some analysts believe that the US economy will take the lead in recovery, coupled with the approaching Christmas festivities, China's garment exports to the United States will improve continually.

In the first three quarters, garment exports from Guangdong to the US realized $3.05 billion, up 12.9 percent year on year. Export value in July, August and September exceeded US $400 million each month.

September exports to the Unites States realized $440 million, up by 14.8 percent, the highest level increase in over a year.

In contrast, exports to the EU did not show obvious signs of improvement and despite the narrowing of negative growth in exports, export value of the recent two months still depict a decline.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search