Home / Knowledge / News / Textiles / Exports to US record negative growth in second consecutive month
Exports to US record negative growth in second consecutive month
22
Mar '08
After creating record export growth in 2007, exports from China recorded negative growth for the second consecutive month in 2008.

The statistics released by the Textiles and Apparel Office of US Commerce Department, reveal startling figures. China's total exports in the first 2 months of 2008 amounted to US $1.246 billion compared to $1.467 billion. This in effect translates to a negative growth of 15.03%.

Experts say that in spite of quota supply for the year being larger than the quota demand, China's textile industry will have a smooth sailing in 2008, which is the last year of quota restriction.

They also add that textile and garment exports in 2008 and even in the next three years will be to a great extent be determined by the orders received at the upcoming Canton Trade fair to be held in Guangzhou province next month.


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler
Groz-Beckert

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

Tony Ward
Tony Ward

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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