Home / Knowledge / News / Textiles / Asean becomes fourth top market for Chinese textiles
Asean becomes fourth top market for Chinese textiles
20
Aug '12
The Asean region comprising of ten Southeast Asian countries has become the fourth largest market for Chinese textiles and garments after the European Union, the United States and Japan.
 
China’s textile and apparel exports to Asean countries during the first six months of the current year registered US$ 11.3 billion, growing at 21.5 percent year-on-year.
 
Chinese exports of yarn and fabrics to Asean nations grew by 9.5 percent year-on-year in volume during the six-month period. However, export prices of yarn and fabrics dropped by 12.3 percent year-on-year and 3.8 percent year-on-year, respectively.
 
Among Asean countries, China’s exports of textiles and clothing to Vietnam showed a very strong growth of 25.5 percent year-on-year during the first half of 2012.
 
China exported US$ 3.78 billion of textiles and apparels to Vietnam in the initial six months of this year. The figure is more than China’s annual textile and garment exports to the UK or Russia.
 
During the first half, China’s exports of woven and knitted apparels to Vietnam shot up by 187.1 percent in value and 45.2 percent in volume, mainly owing to the surge in exports of knitted garments.
 
From January to June 2012, China’s textile and apparel exports to Brazil and Russia increased by 10 percent year-on-year and 7.3 percent y-o-y, respectively, while its exports to India and South Africa decreased by 11 percent y-o-y and 1.6 percent y-o-y, respectively.
 

Fibre2fashion News Desk - China


Must ReadView All

India’s e-commerce policy framework in 6 months: official

Apparel/Garments | On 26th Apr 2018

India’s e-commerce policy framework in 6 months: official

In the next six months, India will come out with a framework for a...

MSME secretary Arun Kumar Panda presenting 'friend of India' plaque to a delegate from Malawi at the first International SME Convention. Courtesy: PIB

Apparel/Garments | On 26th Apr 2018

India to set up Digital Trade Desk for SME collaboration

India’s ministry of micro, small and medium enterprises (MSMEs) has...

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Manfred Mentges
Sedo Treepoint GmbH

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

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Riddhi Jain

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

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Lynda Kelly
Suominen Corporation

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

Eric Scholler
Groz-Beckert

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, 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

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search