Home / Knowledge / News / Textiles / China's textile & apparel exports grow marginally in Q1
China's textile & apparel exports grow marginally in Q1
06
May '14
The textile and apparel exports from China grew marginally by 0.4 percent year-on-year to US$ 58.13 billion during the first three months of the current year, according to the data from the General Administration of Customs.
 
China’s total textile and garment trade during the three-month period stood at $64.36 billion, up 0.9 percent year-on-year. Of this, imports grew at 5.8 percent year-on-year to $6.23 billion, thus resulting in a cumulative surplus of $51.9 billion, down 0.2 percent year-on-year.
 
From January to March 2014, dramatic fluctuations were seen in Chinese textile and clothing exports. The month of March saw the country’s textile and apparel trade rising by 9.8 percent year-on-year to $20.92 billion, of which exports accounted for $18.64 billion, up 11.5 percent, and imports contributed $2.28 billion, down 1.9 percent.
 
According to industry analysts, an inflated base is one of the causes of slowdown in textile and garment export growth. The renminbi-dollar exchange rate fluctuation was another reason for slow growth in exports during the quarter.
 
Segment-wise, textile exports from China during the initial three months of 2014 fetched $23.04 billion, showing an increase of 2.1 percent year-on-year. Of this, yarn exports decreased by 3.9 percent, while fabric exports grew by 1.7 percent and finished goods exports expanded 4.4 percent.
 
Apparel exports earned $35.09 billion during the period under review, registering a decline of 0.6 percent year-on-year, mainly due to a 6.4 percent fall in average export price of garments.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Sonia Agarwal
Whitenife

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Lynda Kelly
Suominen Corporation

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Madhu Jain
Madhu Jain

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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