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China : Textiles & apparel exports reach US $93.293bn in Jan-Aug

2006-10-8
According to the General Administration of Customs, China’s foreign trade value reached US $1104.610 billion in Jan-Aug 2006, indicating a growth of 23.90 percent from the same period last year, with export at $599.63 billion and import at $504.98 billion, increasing 25.90 percent and 21.60 percent respectively, recording a trade surplus at $94.66 billion.

China’s textiles and apparel foreign trade value accumulated at $105.202 billion in January-August 2006, rising 22.25 percent on year, accounting for 9.52 percent of country’s foreign trade.

China’s textiles and apparel export value was $93.293 billion, increasing 24.67 percent a year, making a share of 15.56 percent of the whole country's foreign trade. Textiles export valued as $33.76 billion, up 6.07 percent from the previous year, accounting 2.36 percent of the country’s foreign trade.

Textiles import valued at $10.78 billion, representing an increase of 4.97 percent on year. Apparel import valued at $1.129 billion, rising 17.83 percent from the previous year. Textiles and apparel foreign trade showed a surplus of $81.384 billion in Jan-Aug 2006.

Among the main destinations for exported textiles and apparel, United States ranked the top; Japan and Hong Kong ranked the second and the third. During Jan-Aug 2006, export to USA came to $13.58 billion, rising 6.67 percent from the same period of last year; export to Japan came to $12.083 billion, up 7.7 percent; export to Hong Kong came to $11.732 billion, up 23.88 percent. Export to USA, Japan and Hong Kong combined at $37.395 billion, accounting for 40.08 percent of the whole country’s textiles and apparel export.

Jan-Aug 2006 China’s textiles and apparel export to EU totaled $14.888 billion, 11.28 percent more than that of last year. According the statistics, January-August 2006 China’s textiles and apparel export to EU and USA came to $28.468 billion, representing a rise of 9.03 percent from the same period previous year, accounting for 30.51 percent of country’s textiles and apparel export value.

Among the main importing countries and regions, Japan ranked the first, Taiwan the second, and South Korea the third with textiles and apparel import value at $2.178 billion, $2.146 billion and $1.726 billion respectively.
 
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