Home / Knowledge / News / China's foreign trade rises in July
China's foreign trade rises in July
12
Aug '11
The value of China's imports and exports trade during July 2011 amounted to US$ 318.77 billion, a year-on-year of 21.5 percent, according to the statistics released by department of customs.

Exports accounted for US$ 175.13 billion, an increase of 20.4 percent year-on-year, and surpassed the previous month's record of US$ 161.97 billion. Imports were also up 22.9 percent to US$ 143.64 billion during the month.

During the January-July period of the current year, China's foreign trade recorded US$ 2.022 trillion, registering a year-on-year increase of 25.1 percent. Of these, exports were valued at US$ 1.04 trillion, an increase of 23.4 percent compared to the corresponding period of 2010.

Imports recorded US$ 973.17 billion, showing a growth of 26.9 percent year-on-year. Thus, the country achieved a trade surplus of US$ 76.21 billion, an 8.7 percent decline compared to the same period last year.

In the seven-month period, exports of textiles, garments, and footwear grew steadily. Textiles valued at US$ 54.6 billion were exported, up 27.5 percent compared to the same period in 2010. While garment exports accounted for US$ 83.12 billion, up 24.4 percent, footwear exports grew by 20.9 percent to US$ 23.49 billion.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Urmil Arya

Sushila International, a well established textile organisation established ...

Riddhi Jain

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

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mike Hoffman
Gildan Activewear SRL

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth 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


June 2018

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

news category


Related Categories:

Advanced Search