According to local customs released data, Fujian exported US$1.7 billion of luggage and bags in the first 11 months, up 43.6% year on year. The United States and EU are the two big markets, accounting for 34.1% and 27.9% of total export in volume respectively.
As low price in export and higher costs in production the profit margin in export dropped to a new low level in the first 11 months. CITATION http://www.chinaleather.org/eng/show.php?itemid=5757
As low price in export and higher costs in production the profit margin in export dropped to a new low level in the first 11 months. CITATION http://www.chinaleather.org/eng/show.php?itemid=5757
