Home / Knowledge / News / Textiles / China's foreign trade up in Jan & Feb
China's foreign trade up in Jan & Feb
18
Mar '11
According an official report by China's General Administration of Customs, China's foreign trade was worth US $495.83 billion in first two months of this year. With significant increase in imports and exports, China registered 28.3 percent rise in foreign trade over the same period last year.

As per the report, China's exports were valued at US $247.47 billion, registering 21.3 percent growth rate, compared to the same period last year. China's imports increased 36 percent with total value of US $248.36 billion. Thus total trade deficit was just US $8.9 billion.

In export segment, traditional commodities registered steady growth rate of 9.5 percent with exports of US $19.79 billion. Textile exports earned US $12.27 billion with impressive growth rate of 20.8 percent while footwear exports earned US $6.07 billion, registering 14.3 percent rise.

Because of Chinese New Year holidays, China's exports suffered and growth rate showed declining trend. In February, China's import and export value was US $200.78 billion, registering 10.6 percent rise with exports of US $96.74 billion while imports contributed US $104.04 billion.

Fibre2fashion News Desk - China


Must ReadView All

US & EU retailers release industry approach to GDPR

Apparel/Garments | On 24th May 2018

US & EU retailers release industry approach to GDPR

The Washington, D.C.-based National Retail Federation and...

Global cotton consumption to reach record in 2018-19: USDA

Textiles | On 24th May 2018

Global cotton consumption to reach record in 2018-19: USDA

Reflecting continued growth in the global economy, world cotton mill...

Courtesy: Nanollose

Textiles | On 24th May 2018

Nanollose develops fabric from coconuts

Australian technology company Nanollose has developed a sustainable...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Saket Garg
Garg Corporation

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

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

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


May 2018

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

news category


Related Categories:

Advanced Search