Home / Knowledge / News / Qingdao exports to US show firm trend
Qingdao exports to US show firm trend
26
May '08
According to statistics, from January to April, exports to the US from Qingdao City reached US $1.635 billion, a year-on-year increase of 7 percent, 2.3 percentage points higher than the growth rate of the first quarter. Imports were recorded at $394 million, up 28.1 percent from the same time last year.

Experts believe that China's exports to the US will still be fairly robust, although growth will gradually slow down, but exports will not see negative growth.

China's exports to the US are largely labor-intensive products, and mostly are daily necessities. These products are essential for the American consumers at different levels, and thus, economic slowdown in the US is unlikely to have great impact on their demand.

During the first quarter, China's import and export trade with the US earned $73.67 billion, a surge of 10.5 percent. Of these, exports marked $53.45 billion, rise of 5.4 percent and imports scored $20.22 billion, climbing 26.6 percent at year-on-year level.

Fibre2fashion News Desk - China


Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Riddhi Jain

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

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Silke Brand-Kirsch
Schlegel und Partner

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marten Alkhagen
Swerea IVF AB

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner
Devereux

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

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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