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

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Courtesy: IMRG

Apparel/Garments | On 23rd Jun 2017

UK online retail sales up only 10.2 pc YoY in May 2017

UK online retail sales were up 10.2 per cent year-on-year (YoY) in...

Courtesy: Radicigroup

Textiles | On 23rd Jun 2017

Radici Chimica focuses on business continuity

Radici Chimica SpA, a strategic RadiciGroup company, is keen on...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Eamonn Tighe
Nature Works LLC

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

Lynda Kelly
Suominen Corporation

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

Steve Cole
Xerium Technologies

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

Aditi Somani
Aditi Somani

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

Robert Brunner
Devereux

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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