China's four major categories of textile exports to ASEAN overall growth

2024-08-16 13:36

China's textile raw materials and products exports 224.87 billion billion US dollars, an increase of 1.5, the growth rate fell 20.4 percentage points. But it's worth mentioning

From January to November 2012, China's exports of textile raw materials and products were 224.87 billion billion US dollars, an increase of 1.5 percent over the same period last year, and the growth rate dropped by 20.4 percentage points over the same period last year. However, it is worth mentioning that under the trend of declining demand in traditional markets such as Europe and the United States, China's four major categories of textile products have achieved overall growth in exports to ASEAN.

In the same period, China's total exports of natural fiber products totaled US $18.26 billion billion, down 6.3 percent from the same period last year, and the growth rate fell 27.9 percent from the same period last year. The top four export markets, ASEAN, Hong Kong Special Administrative Region, Bangladesh and the European Union, totaled US $10.09 billion billion, accounting for 55.3 per cent of the total exports of natural fiber products in the same period. Among them, exports to ASEAN were US $3.79 billion, an increase of 6% year-on-year; exports to Bangladesh were US $1.79 billion, an increase of 17.9; exports to the Hong Kong Special Administrative Region were US $2.88 billion, a year-on-year decrease of 4.2; exports to the EU were US $1.63 billion, a year-on-year decrease of 24.5.

Exports of chemical fiber and industrial textiles were 34.47 billion billion US dollars, down 0.9 percent from the same period last year, and the growth rate fell 37.3 percentage points from the same period last year. Among the major export markets, exports to ASEAN were US $6.45 billion, up 11.7 per cent year-on-year; exports to the United States were US $2.17 billion, up 3.7 per cent year-on-year; exports to the European Union, Hong Kong and India were US $3.56 billion, US $1.68 billion and US $1.33 billion respectively, down 2.8 per cent, 12.4 per cent and 24.2 per cent respectively. The main chemical fiber export products are polyester products.

Exports of clothing and accessories were 170.11 billion billion US dollars, up 3% year-on-year, and the growth rate dropped by 16.1 percentage points year-on-year. Among them, exports of such products to the EU were US $35.85 billion, down 13.5 per cent from the same period last year; exports to the United States were US $30.59 billion, up 2.9 per cent from the same period last year; exports to Japan were US $22.45 billion, up 0.8 per cent from the same period last year; exports to ASEAN were US $13.34 billion, up 58.3 per cent from the same period last year; and exports were dominated by cotton clothing.

In addition, textile machinery exports 2.04 billion US dollars, an increase of 1.2, the growth rate fell 26.6 percentage points. Exports to India and the European Union were US $0.37 billion and US $0.16 billion respectively, down 18.9 per cent and 6.6 per cent year-on-year, while exports to ASEAN and Bangladesh were US $0.42 billion and US $0.16 billion per cent, up 28.6 per cent and 16.2 per cent respectively.

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