Home / Knowledge / News / Textiles / Chinese textile & garment exports crash in Feb
Chinese textile & garment exports crash in Feb
16
Mar '12
Chinese textile and garment exports crashed in February 2012 from its previous month, according to customs statistics.

China's textile and apparel exports nosedived to US $9.712 billion in February 2012, down a massive 54.87 percent from January and also fell 7.01 percent from a year ago.

In January, textile and apparel exports had stood at $21.48 billion, of which garment shipments scored $13.8 billion, up a nominal 3.5 percent year on year and textile exports realized $7.68 billion, down 6.8 percent.

In February 2012, exports of textile yarn, fabrics and textile products fetched $4.26 billion, a rise of 5.90 percent from a year ago, but down 44.45 percent from January.

Shipments of apparel and clothing accessories reached $5.44 billion, down 15.10 percent from a year earlier, and crashed 60.64 percent from the previous month.

In the first two months of 2012, China's total textile and apparel exports completed $31.23 billion, down 2.59 percent year on year.

China's domestic market too was not optimistic. February retail sales of 50 key large retailers fell 2.78 percent year on year, of which sales of clothing products fell 5.53 percent.

The growth rate in retail sales of clothing products declined 21.72 percent from January to February.

The decline in both exports and domestic demand has cast a shadow over the market. Future consumption situation of textiles and apparel remains confused.

Fibre2fashion News Desk - China

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Paolo Ocleppo
Sandvik Hyperion

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

Bani Batra

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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