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China: Foreign Textile & Apparel Trade Reaches $59bn

China: Foreign Textile & Apparel Trade Reaches $59bn

Write: Orchid [2011-05-20]

China total import and exports value of foreign trade reached 645.03 billion dollars, increasing 23.2 percent compared with the same period of last year. Among them, export was 342.34 billion dollars, increasing 32.70 percent; while import was 302.69 billion dollars, increasing 14 percent. Trade surplus was 39.65 billion dollars.

Reported by China Customs and the Statistic Center of China Textile Industry Council, through January-June, 2005, China total import and export value of textile and apparel reached 59.602 billion dollars, increasing 17.82 percent compared with the same period of last year, and taking up 9.24 percent of China gross import and export value of foreign trade.

Gross export value of textile and apparel in China was up to 51.436 billion dollars, increasing 20.75 percent compared with the same period of last year, and taking up 15.02 percent of gross export value of foreign trade in China. Among them, textile export was 20.47 billion dollars, increasing 22.97 percent compared with the same period of last year; and apparel export was 30.962 billion dollars, increasing 19.32 percent compared with the same period of last year.

Gross import value of textile and apparel reached 8.166 billion dollars, increasing 2.20 percent compared with the same period of last year, and taking up 2.70 percent of gross import value of foreign trade in China. Among them, textile import was 7.554 billion dollars, increasing 2.94 percent compared with the same period of last year; while apparel import was 0.612 billion dollars, down 6.14 percent compared with the same period of last year. Through January-June, favorable balance of textile and apparel trade reached 43.270 billion dollars.