Home / Knowledge / News / Apparel/Garments / Guangdong clothing exports to US witness unexpected surge
Guangdong clothing exports to US witness unexpected surge
23
Nov '09
While growth decline of China's textile and garment exports expanded to 12.5 percent in October, Guangdong garment exports to the United States provided an unexpected increase of 27.1 percent.

China's total garment exports amounted to US $87.896 billion from January to October of 2009, down 10.9 percent year on year.

Guangzhou Customs statistics show that Guangdong garment exports recorded $18.25 billion from January to October this year, down 10.4 percent compared with the same period last year. October exports registered $1.92 billion, down 16.2 percent year on year, 9.9 percent from the previous month.

But unexpectedly, situation of garment exports to the United States continued to improve, though the overall scenario of exports from the sector to overseas markets, continued to be pessimistic.

From January to October this year, Guangdong garment exports to the US reached $3.47 billion, an increase of 14.5 percent year on year, especially October exports fetched $420 million, a substantial increase of 27.1 percent.

In contrast, exports to Hong Kong and the EU showed no obvious signs of improvement. From January to October this year, Guangdong garment exports to Hong Kong scored $4.42 billion, down 15 percent year on year and that to the EU marked $4.23 billion, down 13.1 percent year on year.

Exports to the three markets mentioned above accounted for 66.4 percent of total value of Guangdong garment exports.

China's apparel exports to the US is expected to take the lead in recovery due to some positive factors such as elimination of quotas, as Chinese apparel exports to the United States achieved an increase of 4.5 percent in the first 9 months this year.

Fibre2fashion News Desk

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Lynda Kelly
Suominen Corporation

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ashok Desai
Bombay Textile Research Association

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

Prathyusha Garimella
Prathyusha Garimella

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

Mike Hoffman
Gildan Activewear SRL

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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:
May 2017

May 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