Home / Knowledge / News / Textiles / China's textile & apparel trade value up in H1
China's textile & apparel trade value up in H1
16
Aug '12
China’s textile and garment exports faced an unfavourable situation in the first half of the current year.
 
Since China’s textile and apparel exports are strongly dependent on external demand, they suffered a heavy blow due to the debt crisis in Europe and the United states.
 
During the January-June period, China’s domestic growth rate slowed down, production costs increased, and domestic cotton price was much higher than world cotton price. All these factors together led to a slowdown in China’s textile production, decreased efficiency of enterprises, and affected the competitiveness of exports.
 
China’s textile and apparel export growth was lower than 2 percent in the first half, of which four months – January, February, April and June – witnessed negative year-on-year growth.
 
In June, China’s textile and clothing trade increased by 0.06 percent year-on-year to US$ 24.92 billion. Of these, exports touched US$ 22.89 billion, a decrease of 0.04 percent y-o-y and imports earned US$ 2.03 billion, a rise of 1.3 percent y-o-y.
 
In the first six months of 2012, China’s overall textile and clothing trade was worth US$ 125.05 billion, up 1.9 percent y-o-y. Exports fetched US$ 113.54 billion, increasing at 1.6 percent y-o-y, while it imported textile and apparels worth US$ 11.51 billion, up 5.1 percent y-o-y. Cumulative surplus rose by 1.2 percent y-o-y to US$ 102.03 billion.
 

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Eamonn Tighe
Nature Works LLC

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

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...

Igor Chapurin
Chapurin

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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

news category


Related Categories:
June 2017

June 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