Home / Knowledge / News / Textiles / Merchandise trade remains steady in 2007
Merchandise trade remains steady in 2007
20
Mar '08
Exports of merchandise trade for the year 2007 were €88,581m, up 2% on 2006. This rise was due to Organic chemicals.

Excluding these categories exports actually fell by 2%. Imports for 2007 were €62,179m, up 2% on 2006. This increase was due to Transport equipment.

If we exclude this, imports were flat. In December 2007 the value of exports was €6,116m, down €1,048m (-15%) on December 2006, while imports were €5,017m, down €351m (-7%). On a seasonally adjusted basis the value of exports in December 2007 was €6,310m, 14% down on November 2007, while imports were €4,970m, down 11%.

Preliminary estimates for January 2008 (see Table 5) show exports of €6,958m and imports of €5,328m. The corresponding seasonally adjusted values for January 2008 (see Table 2) are €7,198m for exports and €5,175m for imports.

A comparison of the preliminary January 2008 values with January 2007 is given in Table 5 at broad commodity level by principal country.

Comparing the 2007 figures with those of 2006 shows that:
• Exports of Organic chemicals increased from €17,059m to €19,427m (+14%), General industrial machinery from €1,216m to €1,449m (+19%).

• Exports of goods to China and Hong Kong increased from €1,498m to €1,950m (+30%), to the Philippines from €424m to €709m (+67%) and to Switzerland from €2,516m to €3,248m (+29%). Goods to the United States decreased from €16,182m to €15,779m (-2%) (in $ terms this represented a 9.5% increase) and to Italy from €3,613m to €3,125m (-14%).


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Milind Khandwe
Hindoostan Innovation Centre

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

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

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,...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao
Nayaab

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X