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 29th Mar 2017

Indonesian garment exports to remain stable in 2017: API

Garment exports from Indonesia are likely to remain stable this year...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Myanmar CMP garment exports to touch $2.2bn in 2017

Cutting, making and packaging (CMP) garment exports from Myanmar are...

Interviews View All

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Yash P. Kotak
Bombay Hemp Company

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

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

March 2017

March 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search