Home / Knowledge / News / Textiles / Export value of textile & garment sector rises in H1
Export value of textile & garment sector rises in H1
21
Aug '08
In the first half of 2008, export value of large scale textile and garment enterprises in Jiangsu Province reached nearly 71.23 billion yuan, a year-on-year increase of 6.4 percent.

However, it is lower than the average hike of 18.4 percent of the Province's export growth and is 7.3 percentage points lower when compared to same time of 2007.

Of which, textiles sector achieved export value of almost 41.74 billion yuan, annual rise of around 9.5 percent. The export value of apparel sector touched approximately 29.49 billion yuan, boosting by nearly 2.3 percent year-on-year.

From January to June, this year, the growth rate of garment enterprises declined 18.7 percent on yearly bases.

Industry insiders believe that as clothing products directly face end consumers, they are more sensitive to changes that take place in the market. As a result, the industry is likely to be impacted by fluctuations in export environment.

Fibre2fashion News Desk - China


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Sonam & Paras Modi
SVA

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Bani Batra

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

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

July 2017

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

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

Yes No

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

Yes No

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


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



X