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China-textile and garment exports had a growth of 70% in quanzhou

China-textile and garment exports had a growth of 70% in quanzhou Source: www.chinatexnet.com
Date: 25-04-2013
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According to the Quanzhou Inspection and Quarantine Bureau statistics of Fujian Province, textile and garment exports of 9382 batches, valued at USD 402million, the year-on-year growth of 64.22% and 75.41%respectively in the first two months.
 
For the export situation, textile and garment in Quanzhou had two characteristics: for the first, the traditional US-European markets had a trend of recovery in the first two months. the garment and textile exported to the United States of 677 batches, valued at USD 39.94million, the year-on-year growth of 106.4% and 98.71% respectively; the garment and textile exported to the EU of 4390 batches, valued at USD 206million, the year-on-year growth of 41.16% and 61.51% respectively; The two accounted for 61% of the total value of textile and garment exports. For the second, the apparent achievement of opening up new markets.

Tariff had reduced since Russia entered the WTO. The garment and textile exported to Russia of 673 batches, valued at USD 16.79million, the year-on-year growth of 414% and 181% respectively; At the same time, the increasing exports to ASEAN, South America, Africa, the Middle East and other emerging markets.
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