China:EU/China Clothing Imports and Licences in May 2008
Write:
Miremba [2011-05-20]
The removal in quantitative limits is resulting in a dramatic increase in EU imports from China in former quota categories, May data confirm. An acceleration in the arrival of Chinese shipments was even observed in May while the level in export licences being issued in China announces a stronger increase in June.
EU clothing imports from China continued dramatically increasing in May in categories where quotas have been eliminated on January 1st, 2008.
A surge within the surge may even be observed with pullovers in category 5.
EU pullover imports from China rose from 28.37 million pieces in April up to 71.18 million in May, a 200% increase in a single month.
Compared with the same month in 2007, imports of Chinese pullovers even surged 266%.
Brassieres and Bed Linen
The monitoring system of the EU Commission allows following the level in export licences which are issued in China.
In May, licenced quantities continued surging 166% in the pullover category, indicating that EU imports will again sharply rise in June.
There was a similar increase with brassiere imports from China which doubled in May from April and were up 165% from a year earlier.
Quantities under license even rose more than 200% in May from the same month in 2007, announcing an acceleration in brassiere imports in June.
Similar increases were reported for bed linen, W/G shirts and dresses.
T-Shirt and trouser imports are less dramatically rising.
Since the level in quotas was very low compared with China's potential sales, this surge in quota-freed categories is not so spectacular.