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Textile & garment exports to US show booming figures
07
Jan '08
Chinese customs statistics show that in the period from January to November last year, the United States remained the largest export destination among the major countries for Chinese textile and clothing. Japan and Hong Kong ranked second and third in positions, respectively.

In this period, the country's exports to the US, fetched US $24.598 billion, up 19.95 percent over the same period previous year. Shipments to Japan scored $18.675 billion, an increase of 3.46 percent and to Hong Kong at $16.727, a boost of 1.99 percent. The export figures to these three regions together registered $60 billion, accounting for 37.35 percent of total textile and apparel exports.

From January to November last year, from the EU market, the country earned $26.471 billion, showing a slight drop of 0.50 percent.

According to statistics, during this period, China's total textile and apparel exports to the EU, and the US together scored $51.069 billion, registering a surge of 8.40 percent. The figures accounted for 31.79 percent of total textile and garment exports.

On the other hand, earnings from countries other than the EU and US reached to $109.489 billion, up 26.29 percent, accounting for 8.15 percent of total textile and garment exports.

In regards to imports, China purchased textile and apparel products mainly from Japan, Taiwan and South Korea. The country's textile and garment imports from these top three markets together registered $2.961 billion, $2.921 billion and $2.327 billion, up 0.28 percent, down 1.56 percent and 1.55 percent, respectively, from the same period the previous year.

Fibre2fashion News Desk - China

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