Home / Knowledge / News / Textiles / China's textile machinery imports decline drastically
China's textile machinery imports decline drastically
31
Jan '13
Textile machinery imports by China have fallen sharply, while exports have risen marginally during January to November 2012.
 
China imported textile machinery worth US$ 3.794 billion during the first eleven months of last year, showing a decline of 22.41 percent year-on-year, according to the data from the National Bureau of Statistics.
 
Chemical fibre machinery accounted for 21.49 percent of all textile machinery imports by China during the period under review. Synthetic fibre machinery imports were worth US$ 815 million, registering a year-on-year growth of 22.63 percent.
 
Germany, Japan, Italy, Taiwan and Switzerland were the top five textile machinery exporting countries to China during January to November 2012. These five countries together exported US$ 3.296 billion worth of textile machinery, accounting for 86.89 percent of overall Chinese textile machinery imports.
 
China’s textile imports from Germany registered US$ 1.33 billion, down 14.12 percent year-on-year.
 
During the same period, China exported textile machinery worth US$ 2.037 billion, showing a marginal growth of 1.18 percent year-on-year.
 
Knitting machinery exports were valued at US$ 514 million, down 8.37 percent year-on-year, and accounted for 25.23 percent of China’s total textile machinery exports.
 
Chemical fibre machinery exports from China achieved the highest growth of 62.48 percent during the eleven-month period.
 
China also exported machinery related to printing, dyeing and finishing, spinning, non-woven fabric, looms, assistive devices and spare parts.
 
In all, textile machinery from China was imported by 165 countries and regions, with India, Indonesia, Bangladesh, Japan and Pakistan being the top five countries which together purchased 48 percent of all textile machinery exported by China.
 
China’s textile machinery exports to India were valued at US$ 375 million, down 18.76 percent year-on-year, accounting for 18.43 percent of the total exports.
 

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

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,...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Rupa Sood and Sharan Apparao
Nayaab

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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:
July 2017

July 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