Home / Knowledge / News / Textiles / Chinese textile & clothing exports face myriad challenges
Chinese textile & clothing exports face myriad challenges
Apr '12
In the first two months of 2012, China's textile and apparel exports to the EU fell 12.7 percent year on year. Exports to Canada, Australia, Korea, Hong Kong, Macao, Taiwan and other developed countries and regions also experienced year-on-year decline.

Although exports to the United States and Japan achieved some growth year on year, annual growth rate fell 0.8 percent and 6.4 percent, respectively.

Analysts attribute the demand fall mainly to reduced demand from global markets, continued escalation of the debt crisis in Europe, instability of world economic recovery, increased uncertainty and weak recovery of US and European economies.

To add to the difficulties of exporters, spread between domestic cotton and imported cotton was greater, which affected global competitiveness of the Chinese textile industry.

During the current cotton season, China's domestic cotton price has maintained at 19,500 Yuan / ton, which is about 3,000 Yuan / ton higher than imported cotton. Due to imports quotas, the Chinese textile industry is also not able to import low-priced cotton.

In the period, due to the impact of fall in global cotton prices, prices of imported cotton yarn too dipped 15.1 percent and import volume rose 26.2 percent. At the same time, export volume of cotton yarn declined 19.3 percent year on year.

These export units also faced difficulties in generating adequate credit, which also led to higher costs in accessing capital, since they have to opt for high interest rates than the benchmark rates, the analysts added.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Alibaba Group

Apparel/Garments | On 18th Jan 2017

Alibaba forges global alliance to fight counterfeiting

Jack Ma led Alibaba Group has forged an alliance with various global...

Apparel/Garments | On 18th Jan 2017

HanesBrands earns above average scores in CDP 2016

Global apparel and innerwear retailer HanesBrands said it has...

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silke Brand-Kirsch
Schlegel und Partner

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

Robert Brunner

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

Rupa Sood and Sharan Apparao

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

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search