Home / Knowledge / News / Textiles / Overall exports of textile machines down, to India up
Overall exports of textile machines down, to India up
29
Sep '09
China's imports and exports of textile machinery have continued to drop since the beginning of 2009. From January to July, total imports and exports of textile machinery fetched US $2.07 billion, down 43.63 percent year on year.

Of this, exports reached $665 million, down 32.80 percent year on year, to register the largest decline since 2001. In the same period of the previous year, exports had realized an increase of 10.84 percent.

Imports represented $1.409 billion, down 47.61 percent year on year, while imports indicated an increase of 0.15 percent in the same period last year; trade deficit marked US $744 million, down 56.23 percent year on year.

China's textile machinery is mainly exported to Asian region, of which 60.60 percent are exported to India, Bangladesh, China Hong Kong, Japan and Vietnam.

In the period under consideration, exports of textile machinery to India totaled $233 million, up 22.47 percent year on year, accounting for 35.01 percent of total exports. February saw the deepest decline (-19.88 percent) in exports to India.

Thereafter, exports increased for four continuous months since April with year-on-year growth averaging at 25.48 percent per month.

Imports from Germany totaled $478 million, down 38.73 percent year on year, accounting for 33.90 percent of China's total imports of textile machinery, but on a year-on-year comparison, it fell by 35.53 percent. January saw the deepest decline (-60.01 percent).


Fibre2fashion News Desk - India


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Tim Savage from Pexels

Textiles | On 19th Jun 2018

Da Lat begins construction of $50mn wool yarn factory

Da Lat Worsted Spinning Limited Company has begun construction of a...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Rikesh Mistry

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

Eric Scholler
Groz-Beckert

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search