;
Home / Knowledge / News / Textiles / Pressure fails to rattle Shandong textile & garment exports
Pressure fails to rattle Shandong textile & garment exports
24
Jan '08
In spite of heavy pressures of increased macro regulation and control by the state, international trade frictions, continued appreciation of RMB and other factors, Shandong ports completed textile and clothing exports of US $14.49 billion in 2007, up 14.7 percent compared with the previous year, according to Qingdao Customs statistics.

New changes in textile and garment export structure of Shandong Province show that proportion of independent exports has enlarged, private sector is booming, exports are shifting towards high-end merchandise.

According to statistics, textile and garment exports of Shandong ports in 2007 were mainly in general trade; annual export value reached $8.29 billion, an increase of 15.3 percent over the previous year, accounting for 57.3 percent of total exports. Processing trade exports only registered $6.11 billion, with a rise of 13.4 percent; re-exports from warehouses in Bonded Zone marked $80 million, boosting to 61.1 percent.

In 2007, foreign-funded enterprises exported $5.58 billion of textiles and clothing, a surge of 16.3 percent, accounting for 38.5 percent of Shandong's total exports of textiles and clothing; private enterprises exported $3.75 billion, climbing 38.6 percent.

In addition, from the structure of export commodities, garment made from fabrics earned $6.4 billion, growing by 16.2 percent, accounting for 44.2 percent of total exports; cotton woven fabric exports scored US $1.83 billion, up 17.6 percent, registering 12.6 percent of total exports.

Japan, US, EU and South Korea were the main buyers. In 2007, textile and garment exports of Shandong ports to these countries were $3.44 billion, $2.37 billion, $2.18 billion, and $2.08 billion, up 9.4, 15.7, 27.5 and 6.3 percent, respectively. Revenue collection from these regions together accounted for 70 percent of Shandong's total textile exports.

Fibre2fashion News Desk - China


Must ReadView All

ILO, Sweden to promote decent work in Asian garment sector

Apparel/Garments | On 19th Dec 2018

ILO, Sweden to promote decent work in Asian garment sector

The Swedish International Development Cooperation Agency (SIDA)...

Courtesy: Ikea

Apparel/Garments | On 19th Dec 2018

Ikea to generate 10,000 jobs in Maharashtra over 3 yrs

Swedish furniture company Ikea is planning to hire 10,000, both...

Indonesia signs trade deal with 4 European countries

Apparel/Garments | On 19th Dec 2018

Indonesia signs trade deal with 4 European countries

Indonesia recently completed talks for the Comprehensive...

Interviews View All

Luke Otten, Wigwam Mills Inc

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Top executives, Machinery Company

Top executives
Machinery Company

We will promote latest technologies at ITMA Barcelona

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

C Dhandayuthapani,

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Priya Somaiya, Usha Social Services

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


December 2018

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

news category


Related Categories:

Advanced Search