Home / Knowledge / News / Textiles / Cotton textile exports to maintain negative growth
Cotton textile exports to maintain negative growth
Mar '09
An official from the Ministry of Information said that the Ministry expects, China's exports of cotton textile and cotton clothing in the first half of 2009 will continue to maintain a negative growth, due to the impact of international financial crisis and the downturn in export markets.

This will in turn increase the competition in domestic sales leading to dumping of goods at low prices, which will mean more and more enterprises losing their already meager profit margins and which in the long term will affect the health of these companies and also increase unemployment in the sector.

China exported cotton textile and cotton clothing totaling to US $71.7 billion in 2008, down 0.41 percent year-on-year, of which textile exports registered $20.8 billion, up 14.16 percent year-on-year, while cotton apparel shipments touched $50.9 billion, down 5.35 percent year-on-year.

The official said, profit growth rate of the cotton textile industry would continue to fall and added by saying that since 2008, the government has unleashed a series of measures including procuring cotton and increasing export draw back rates to restore confidence in the cotton textile sector.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Neel Sawhney
One Friday

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

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Paolo Ocleppo
Sandvik Hyperion

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Sonam & Paras Modi

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

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Silvia Venturini Fendi
Fendi s.r.l

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

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


news category

Related Categories:
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