Exports to ASEAN accounted for 6.42 percent of China's textile and garment exports in 2009
China's textile and apparel exports to ASEAN amounted to 11.006 billion in 2009, down 2.16 percent year on year, but its cumulative year decline clearly narrowed since the second half of 2009,
Egytex News Desk
Source: www.ccfgroup.com
Exports to ASEAN accounted for 6.42 percent of China's textile and garment exports in the full year of 2009, representing an increase of 0.49 percentage points over 2008 (5.93 percent).
China's structure of textile exports to ASEAN mainly formed by textile products, textile exports to ASEAN accounted for 68.01 percent of China's textile and garment exports ASEAN in 2009; the pick-up in textile exports was particularly evident, China's textile exports to ASEAN realized a monthly growth of 3.35 percent, 39.30 percent and 57.20 percent, respectively, in October, November and December 2009.
From the point of view of specific exported countries, China's textile exports to Vietnam took the first place, China's textile exports to Vietnam amounted to US $2.234 billion in 2009, an increase of 11.02 percent year on year, accounting for 29.85 percent of China's textile exports to ASEAN.
In comparison, China's textile and garment exports to the three major economies of the EU, the United States and Japan formed shares of 21.64 percent, 16.25 percent and 12.89 percent, respectively, of China’s textile exports in 2009. Exported products were mainly garment products. Garment exports to the EU, the United States and Japan created a proportion over 70 percent of total textile and garment exports to each market.
Source: www.ccfgroup.com
From the Egytex news archive, first published on 7 March 2010. Figures and names are as reported at the time.
