Home / Knowledge / News / Textiles / Textile export to US & EU reflect disparity in revenues
Textile export to US & EU reflect disparity in revenues
Aug '08
Export of textile and garments to US and the European markets reflected a starkly different trend in the month of June.

While textile and apparel exports to EU fetched US $3.78 billion, an increase of 47.5 percent, those to US registered a decline of 4 percent to reach $2.16 billion and a record a second monthly decline in this year.

Again, total exports of China to EU amounted to $17.42 billion in the period between January and June this year, marking an increase of 44 percent. On the other hand, the cumulative exports to US in the same period stood at $10.81 billion, reflecting a negligible increase of 0.3 percent.

Statistical reports shows that the contribution made by EU market to the overall export growth of China was as high as 65 percent. Among others, exports to the original 15 member countries grew by 46.6 percent while those to 12 countries from the east rose by 14.9 percent.

Although exports to Japan and South Korea remained stable with little changes, exports to key export markets like Hong Kong Special Administrative Region of China, Turkey, United Arab Emirates, Panama and others, posted a decline.

At the same time, exports to Russia, Canada and Saudi Arabia which recorded a strong growth last year, fell into the negative growth category this year. However, total exports to the ASEAN region settled at $5.09 billion, an increase of 15.8 percent of which textiles alone accounted for a growth of 41.1 percent, although clothing exports fell by 18.5 percent.

On the contrary, exports to Kyrgystan and Kazakhstan maintained a high growth of 247 and 125 percent respectively. Growth rate of major commodities nearly doubled while that in apparel segment was even more prominent. An astounding 90 percent contribution in exports to these two countries was made by Xinjiang alone.

On the whole, export results have been fairly stable and if emphasis is laid on the quality of products and consumer preference, China is sure to regain its lost markets and expand its exports even further for the remaining part of this year.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Interviews View All

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Lynda Kelly
Suominen Corporation

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search