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China's textile & apparel exports to EU down
17
Nov '12
China exported textiles and apparels to the EU worth US$ 4.14 billion in September 2012, registering a decline of 5.2 percent year-on-year, according to the figures released by China Chamber of Commerce for Import and Export of Textiles.
 
Although the year-on-year decline was lower compared to the dip in August, there was a huge 21 percent month-on-month decrease in September, which points to the European market still being affected by debt crisis.
 
From January to September, China’s textile and clothing exports to the EU earned US$ 36.17 billion, showing a decline of 13.5 percent year-on-year.
 
Among sub-sectors, the exports of garments dipped 15.6 percent year-on-year, while the average price of apparels dropped 2.7 percent year-on-year.
 

Fibre2fashion News Desk - China

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