Home / Knowledge / News / Textiles / Fujian Province & Africa increase bilateral trade
Fujian Province & Africa increase bilateral trade
19
Jan '08
According to statistics released by the local customs authorities, the two-way trade between Fujian Province and African countries rose 33.4 percent to reach US $1.89 billion in 2007.

Fujian exported mainly machinery, electronic goods and apparels worth $1.72 billion to Africa last year and imported marble, granite as well as raw material of mineral products amounting to $170 million from the region, representing 20.2 percent rise over 2006.

Egypt, Nigeria, Morocco and South Africa remained the four key regions, accounting for more than 60.5 percent of the trade with the continent.

Experts believe that relations among the regions can prosper much further, especially since the both economies match each other.

To encourage the bilateral trade, analysts recommended that the businesses to increase imports from the African continent by taking advantage of the preferential duty policies.


Must ReadView All

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Casper raises total funding of $240 million

Casper, the global sleep company launched three years ago has...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Larry L Kinn
Suominen Corporation

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

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

Ritu Kumar
Label Ritu Kumar

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

Judy Frater
Somaiya Kala Vidya

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

Madhu Jain
Madhu Jain

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

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:
June 2017

June 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