Home / Knowledge / News / Textiles / T&G exports to witness double digit decline in 2009 – Experts
T&G exports to witness double digit decline in 2009 – Experts
14
Jul '09
Industry experts predict that China's total textile and garment exports will reach US $72 billion in the first half of 2009, resulting in the export growth rate dropping by about 9.31 percent.

Textile industry analysts predict that China's total textile and apparel exports are expected to fetch $157.77 billion in the whole of 2009, down 12 percent compared with 2008.

Year-on-year decline of textile and apparel exports in May, though was less than overall decline in foreign trade. The period from May to September may be the most difficult time for exports.

As it is a traditional off-season for exports and foreign trade orders accumulated from last year have been fully cleared, related enterprises will face greater operational pressure.

The textile and garment industry still faces more pressure and uncertainty in the second half, domestic market has not completely bottomed out, export market depends largely on improvement of external economic environment.

However, it is an indisputable fact that international textile market will hover in a low phase for a long time; textile enterprises cannot but avoid brutal competition for survival.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Nitin Bhatia
Trend Arrest

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

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silke Brand-Kirsch
Schlegel und Partner

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

Marcel Alberts
Eurofibers

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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
March 2017

March 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