Home / Knowledge / News / Textiles / Demand for cotton drops with diminishing textile exports
Demand for cotton drops with diminishing textile exports
26
Jun '08
Guangdong Province, the biggest textile exporting region of China has witnessed a continuous drop in its exports this year and as a result local markets witnessed a slow demand for cotton.

According to the statistics revealed by Guangzhou customs, in the first five months of this year, the province imported 36,000 tons of cotton, down by 18.1 percent from the same period last year.

The total cotton import made by Guangdong in the month of May declined by 46.8 percent compared to April whereas the overall quantity imported by China from January to May summed up to 1.03 million tons, up by 11.7 percent.

Exports from Guangdong Province on the other hand saw a drop of 13.6 percent to touch $12.21 billion in the same period. The country on the whole exported textile goods worth $26.07 billion, up by 26.3 percent.

With textile exports showing a downward trend cotton imports have also shown a relative drop. If the situation remains unchanged, it is difficult to see the province retaining its reputation of being a leading textile exporting region of China.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Eric Scholler
Groz-Beckert

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

Lynda Kelly
Suominen Corporation

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search