Home / Knowledge / News / Textiles / Textile & footwear exports to Ethiopia surge
Textile & footwear exports to Ethiopia surge
10
Sep '08
According to the statistics from the government of Jingjiang city, Fujian Province, the local export to Ethiopia in the first 8 months of this year increased substantially. Export value was recorded at US $3.91 million, representing a boost of nearly 70 percent than the same period of last year.

The key export products were shoes, clothes, shoes-manufacturing machinery, raw materials and so on.

Experts believe that the reason for this growth is the sluggish exports to traditional markets like the US and EU. They say that tough trade conditions forced Chinese footwear industry to seek new potential markets, and Ethiopia showed promise.

Secondly, since economy of Ethiopia is weak, low-grade and cheap products from China were received well, here.

Another factor is that several Chinese enterprises have set up factories in this African country. Thus, they were able to take advantage of the domestic policies and benefits to bring in machinery and raw-materials from China.

Experts said that penetrating new markets like this small nation would help Chinese industries in long run.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Larry L Kinn
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

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

Yash P. Kotak
Bombay Hemp Company

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

Pranav Mishra
Huemn

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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