Home / Knowledge / News / Textiles / Exports via Shanghai Port mark strong growth-trend
Exports via Shanghai Port mark strong growth-trend
08
Oct '08
According to the available reports from Customs statistics, exports via Shanghai Port in the first 8 months this year reached US $262.73 billion, a year-on-year increase of 26.6 percent.

Among them, exports of machinery and equipment registered $62.66 billion, up 36.8 percent.

However, during the January-August 2008 period, traditional commodity exports via this Port looked sluggish. Exports of clothing and accessories stood at $29.25 billion, a year-on-year rise of 13.8 percent, but down 1.8 percentage points in growth-rate.

Exports of textile yarn, fabrics and apparel recorded $17.94 billion, marking a climb of 18.4 percent with 10.7 percentage points higher growth-rate as compared to similar priod of 2007.

From January to August, imports and exports of Shanghai Port from and to the EU achieved $93.86 billion, a surge of 31.6 percent as against corresponding period last year.

The EU maintained its position as the largest trading partner and the biggest export market for Shanghai Port.

Imports and exports growth-rate from and to the second largest trading partner, the US, slowed 2.3 percentage points to accomplish $69.76 billion, a year-on-year boost of only 15.1 percent.

In past few years, Shanghai has emerged as the key foreign trading Port, accounting for about one-fourth of the country's total import and export value.

From January to August 2008, import and export volume of Shanghai port amounted to 410.71 billion, up 24.6 percent.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: European Commission/European Union

Textiles | On 26th May 2018

EU set to negotiate FTAs with Australia & New Zealand

The European Union is all set to begin negotiations for free trade...

US bans import of cotton goods from Turkmenistan

Textiles | On 26th May 2018

US bans import of cotton goods from Turkmenistan

The US Customs and Border Protection (CBP) has issued a Withhold...

FPCCI prepares report on Pakistan's export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan's export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Suresh Patel
Sidwin Fabric

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search