Home / Knowledge / News / Textiles / Growth in China's textile & apparel exports to slow down
Growth in China's textile & apparel exports to slow down
18
Aug '11
The substantial growth witnessed in China's textile and apparel exports so far during the current year, may not continue and a slow down could occur in the remaining part of the year.

The decline in the raw material prices during the second quarter of the current year will impact the contract prices of export goods, thus affecting the value of future exports.

China exported textiles and apparels worth US$ 137.719 billion during the first seven months of the current year, registering an increase of 25.6 percent year-on-year, according to customs statistics. While textile exports accounted for US$ 54.603 billion, up 27.49 percent year-on-year, the exports of apparels and accessories contributed US$ 83.116 billion, up 24.39 percent year-on-year.

The substantial growth in the value of exports was mainly due to the drastic growth in prices of goods owing to the rise in the cost of raw material. But, with a fall in the price of raw material in the last few months, the value of growth of textile exports already showed a slowed down in July.

The growth rate of apparel exports was 6.92 percent higher in July compared to same month last year, but it is now expected to slow down in the coming months.

Fibre2fashion News Desk - China

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kevin Nelson
TissueGen

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

Lynda Kelly
Suominen Corporation

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Pranav Mishra
Huemn

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

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
January 2017

January 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