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Chinese T&C Nov exports to EU rise stupendously
10
Jan '11
China's textile and apparel exports to the EU reached US $3.79 billion in November, an increase of 41.5 percent year on year, the growth rate expanded by nearly 20 percentage points compared with October, according to customs statistics.

Of which, textile exports grew 21.8 percent and clothing exports rose an astounding 78.2 percent year on year. In addition, clothing exports increased 52 percent from the previous month.

From January to November, total exports to the EU registered US $40.15 billion, an increase of 23.6 percent year on year. EU economic recovery was weak and economic situation of member countries polarized.

In the first 11 months of 2010, China's textile exports to the EU reached US $8.82 billion, up 27.8 percent year on year and apparel exports completed US $31.34 billion, up 22.4 percent year on year.

China's exports to the countries maintaining good momentum of economic growth, like Germany, France, the Netherlands, grew over 20 percent, while exports to Greece and Ireland, which are under poor economic situation increased by 3.4 percent and 1.7 percent, respectively.

Fibre2fashion News Desk - China

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Courtesy: Reliance Industries

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