Home / Knowledge / News / Textiles / China's textile exports to Asean nations surge in 2012
China's textile exports to Asean nations surge in 2012
27
Feb '13
Textile and garment exports from China to Asean countries surged 34.2 percent year-on-year to reach US$ 26.66 billion in 2012.
 
In fact, Asean nations replaced the European Union as the main driver to boost overall growth of China’s textile and apparel exports.
 
During the year, exports to Asean accounted for 10.5 percent of total Chinese textile and clothing exports.
 
In 2012, China’s total textile and apparel trade was worth US$ 279.44 billion, registering an increase of 3.1 percent year-on-year. Of which, exports fetched US$ 254.98 billion, up 2.8 percent y-o-y, while imports scored US$ 24.46 billion, up 6.2 percent y-o-y, according to Chinese customs statistics.
 
Thus, China posted a trade surplus of US$ 230.52 billion, up 2.5 percent y-o-y, in its textile and apparel trade during the 12-month period.
 
Compared to 2002, China’s textile and garment trade volume, exports and imports rose by 27 percent, 12.5 percent and 35 percent respectively, in 2012.
 
From January to December 2012, China’s export volumes of yarn and fabric grew by 7.6 percent and 3.3 percent, respectively, and among them, exports of cotton yarn and cotton fabrics increased by 13.9 percent and 2.9 percent, respectively.
 
However, export prices of cotton yarn and cotton fabric declined by 15.1 percent and 7.1 percent, respectively, during the period.
 

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

Digital technology to accelerate Indian business growth

Indian business will benefit much by going digital, according to a...

Textiles | On 27th Mar 2017

Raymond to buy 98,000 metres khadi fabric from KVIC

Raymond, leading Indian fashion retailer, has ordered 98,000 metres...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eric Scholler
Groz-Beckert

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

Prathyusha Garimella
Prathyusha Garimella

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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