Home / Knowledge / News / Textiles / Chinese textile & clothing exports post new highs
Chinese textile & clothing exports post new highs
09
Jul '10
China's textile and garment exports increased by 33.5 percent year on year in May, export value set another new high within the year.

In May of this year, China's textile and apparel exports continued an upward trend from April, according to custom statistics. May export value reached the highest level since the beginning of the year, exports jumped more than 30 percent year on year.

Import value was flat with April, while imports continued to increase year on year. China's textile trade achieved a surplus of US $14.74 billion in May, accounting for 75 percent of China's total trade surplus, an increase of 34.5 percent year on year.

From January to May, China's imports and exports of textile and apparel realized rapid growth, of which, exports increased 19.2 percent and imports increased 20.2 percent. The accumulated surplus amounted to US $62.72 billion, up 19.1 percent year on year.

The situation in textile and apparel exports began warming up after entering the second quarter; both export volume and value gained in April and May. May exports marked US $16.4 billion to grow by 33.5% year on year, second only to February.

Exports totaled to $70 billion from January to May, the figure which has exceeded the level attained in 2002 to rise by 13.9 percent compared with the same period in 2008.

Imports were stable. Value changed little in the last three months, at about US $1.7 billion each month. May imports increased by 25.2 percent year on year, unchanged with the same period in 2008.

Fibre2fashion News Desk


Must ReadView All

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Casper raises total funding of $240 million

Casper, the global sleep company launched three years ago has...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mark Paterson
Technical Absorbents Ltd

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Sanjukta Dutta
Sanjukta's Studio

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

Silvia Venturini Fendi
Fendi s.r.l

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, 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