Home / Knowledge / News / Apparel/Garments / Pace of Chinese clothing imports outstrip exports
Pace of Chinese clothing imports outstrip exports
06
Jun '11
Although China is the biggest clothing exporter in the world, its garment imports, have risen sharply in the first four months of the current year.

In the period January to April, apparel imports shot up to US $1.05 billion, up an impressive 62 percent, from a year ago, according to customs-based statistics.

In the same period, apparel and accessory exports registered US $39.57 billion, up 22.9 percent year on year.

The biggest impact on clothing imports was mainly due to higher purchasing power among Chinese, which led to higher inwards shipments of luxury brands.

The second major factor was imports from low cost countries like Vietnam and the last but not the least, flood of imports from ASEAN countries, with which China has signed a free trade agreement.

Imports from Italy grew 66 percent to $197.77 million, while imports from ASEAN grew nearly two-fold to $129.86 million, of which Vietnam rose about 2.7 times to $36.58 million.

Editorial note –
Considering that apparel exports peaked at $39.57 billion in the first four months of 2011, imports at just $1.05 billion seem negligible. But the growth rate at which imports grew in the period, merit attention.

Fibre2fashion News Desk


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Abhishek Ganguly
Puma India

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

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Paolo Ocleppo
Sandvik Hyperion

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Aditi Somani
Aditi Somani

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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:
July 2017

July 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