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

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Eric Scholler
Groz-Beckert

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

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 ...

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
March 2017

March 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