Home / Knowledge / News / Textiles / Zhengjiang exports mark strong rebound in June
Zhengjiang exports mark strong rebound in June
17
Jul '08
Hangzhou Customs reported recently that in June, exports from Zhejiang Province strongly rebounded, reaching US $14.16 billion. The growth rate of Zhejiang foreign trade and exports in the first half of this year was higher than national average.

Analysts believe that this positive trend is the result of Province's efforts to cope with international trade problems by adjusting local industrial structure.

According to statistics, in June, Zhejiang realized a foreign trade volume worth $19.33 billion, up 31.5 percent. Of these, exports scored $14.16 billion, a rise of 32.7 percent, and imports fetched $5.17 billion, 28.3 percent more than that in May.

Trade surplus during the month was registered $8.99 billion, a climb of 9.2 from that in previous month.

In the first half of this year, Zhejiang realized a cumulative foreign trade worth $102.39 billion, a year-on-year increase of 27 percent, and 1.3 percent higher than national average growth rate.

Exports marked around $73 billion, augmenting 26 percent as compared to same time of 2007, and 4.2 percent higher than national average growth rate.

Imports recorded $29.29 billion, a year-on-year surge of 29.3 percent, but 1.3 percent lower than national average growth rate.

Accumulated trade surplus reached $43.81 billion, up 23.8 percent or $8.41 billion over the corresponding period of last year.

Exports of textile yarn, fabrics and manufactured products stood at $10.03 billion, mounting 35.9 percent. However, some new industries and products have proved to be lucrative ventures for Zhenjiang exports in the first half of 2008.

Fibre2fashion News Desk - China


Must ReadView All

Europe fights against microplastic release from textiles

Textiles | On 18th Jan 2018

Europe fights against microplastic release from textiles

The European Commission, the institution of the European Union, has...

Egypt starts building biggest textile city in Al-Sadat

Textiles | On 18th Jan 2018

Egypt starts building biggest textile city in Al-Sadat

Egypt has started construction of the biggest city for textiles and...

Vietnam targets $20 bn from export of footwear, bags

Apparel/Garments | On 18th Jan 2018

Vietnam targets $20 bn from export of footwear, bags

Vietnam targets to earn around $20 billion from the export of...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Lynda Kelly
Suominen Corporation

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Larry L Kinn
Suominen Corporation

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

January 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.8%
No
13.5%
Skip
17.7%

Total Votes: 96

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

Yes No

Active Poll

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

Yes
63.5%
No
29.2%
Skip
7.3%

Total Votes: 96

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

Yes No

Active Poll

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

Yes
87.5%
No
9.4%
Skip
3.1%

Total Votes: 96

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

Active Poll

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

Yes
82.3%
No
8.3%
Skip
9.4%

Total Votes: 96


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