Home / Knowledge / News / Apparel/Garments / US 'special protection' to hit Zhejiang socks enterprises

US 'special protection' to hit Zhejiang socks enterprises

Dec '06
From January 1, 2005, the world stepped into the global textile quota-free era. Earlier, many socks enterprises in Zhejiang were elated for the forthcoming abolition of export quotas, but when new trade protection policy in the textile industry began to spread, the socks enterprise in Zhejiang have felt blasts of coldness.

First the US claimed 'special protection' on the pretext of Chinese textiles 'invasion' to the US market having disturbed the surviving grounds of domestic textile industry.

On October 29 last year, the U.S. government officially imposed quantitative restrictions on import of some Chinese socks, with limited number of about 510 million pairs, and setting a deadline of one year.

Though this restriction has not yet revealed any effect, it is bound to deal a blow to exports in Zhejiang socks.

Socks are one of the traditional staple commodities in Zhejiang Province. In 2004, Zhejiang exported 2.59 billion pair socks, worth $620 million, accounting for 52.9 percent and 50.4 percent of the total national socks exprots in terms of quantity and value, respectively.

The US is a major export market for Zhejing socks. In 2004, Zhejiang's socks exports to the US reached 500 million pairs, with value of $150 million, accounting for 19.3 percent and 24.2 percent in the same period in Zhejiang sock exports, respectively.

Fibre2fashion, News Desk - China

Must ReadView All

Pic: Shutterstock

Textiles | On 25th Feb 2020

US surpasses China as India's biggest trading partner

The United States has surpassed China to become India's top trading...

Pic: Shutterstock

Textiles | On 25th Feb 2020

COVID-19 puts break on India’s raw material import

Novel coronavirus (n-CoV or COVID-19) epidemic has taken more than...

Pic: Shutterstock

Textiles | On 25th Feb 2020

Coronavirus may shift buyers to Turkey, fuel cotton growth

The coronavirus outbreak will cause a possible shrinking of China's...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

In 10 years' time, everything will have the responsible factor integrated

Darshan Mehta, Infinium Polychem

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Yash Maniyar, Rekha Maniyar

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate



<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

Milva Morani,

Milva Morani

Brighi Technologies began in 1970 with trading and repairing sewing...

Eric Schoeller,

Eric Schoeller

Groz-Beckert is the world's leading provider of industrial machine...

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Daniel Odermatt, Ventile

Daniel Odermatt

Ventile is a registered trademark used to brand a special high-quality...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Sonam & Paras Modi, SVA

Sonam & Paras Modi

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

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

February 2020

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

Advanced Search