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Exports of chemical fiber machinery triples
10
Feb '11
From January to November 2010, China's exports of textile machinery to worldwide markets realized US $1.573 billion, an increase of 46.42 percent year on year.

Of which, exports of knitting machinery reached US $436 million, accounting for 27.74 percent, followed by auxiliary equipment and spare parts, printing and dyeing and finishing machinery, spinning machinery, chemical fiber machinery, looms, non-woven fabric machinery and weaving preparatory machinery.

Knitting machinery fetched the smallest increase of only 2.92 percent year on year, growth rate of dyeing and finishing machinery was lower than overall growth rate, and growth rate of other major categories of textile machineries was higher than overall levels. Chemical fiber machinery fetched the fastest growth rate of 202.67 percent year on year.

From January to November 2010, China exported textile machinery products to 163 countries and regions. India, Bangladesh, Japan, Indonesia and Vietnam were the top five destinations, accounting for 48.24 percent of total exports.

Of which, China's exports to India marked US $319 million, down 2.28 percent year on year, accounting for 20.31 percent of total exports, while exports of chemical fiber machinery to India made a meteoric rise of 207.49 percent year on year.

Fibre2fashion News Desk - China

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