Home / Knowledge / News / Textiles / Chinese textile & clothing exports sparkle in Jan
Chinese textile & clothing exports sparkle in Jan
16
Feb '11
China's total textile and apparel exports reached US $21.618 billion in January 2011, an increase of 38.58 percent year on year.

The growth rate accelerated by 14.99 percent, when compared with 23.59 percent growth recorded for 2010.

Among them, textile exports registered US $8.243 billion, up 47.48 percent year on year and clothing $13.376 billion, an increase of 33.61 percent.

The main reasons for the rapid momentum mainly due to; the strong momentum of global economic recovery, due to which replenishment demand is strong;

Second, industrial competitive advantage accumulated over years by the textile industry is significant.

Third, it is the low base effect brought by substantial decline of exports last year and lastly, bargaining power of enterprises has increased, due to which export unit price is climbing.

Despite a good start to the export situation, it is expected that polarization amongst domestic textile and garment enterprises will intensify in 2011.

The industry expects that the export situation will benefit from improved structure of export products, hike in unit prices, and export rebound due to global economic recovery.

The growth momentum of textile and garment exports is anticipated to continue throughout this year.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Textiles | On 27th Feb 2017

Textile industry can boost South African economy: Minister

The textile industry is one of the most strategic platforms through...

Textiles | On 27th Feb 2017

KBR bags LBED revamp contract for LG Chem's ethylene plant

KBR, Inc has bagged a technology licensing and basic engineering...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Eric Scholler
Groz-Beckert

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

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

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
February 2017

February 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