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2011-1-25
2010 was a complicated year for Chinese textile and garment industry. Thanks for the recovery of international market demand, the export of textile and clothes surpassed 200 billion USD in this year.
Accroding to the data of Customs, from Jan. to Dec. the export of textile and clothes accumulated to 206.53 billion USD, rising 23.59% from previous year. Of which, the textile export were 77.051 billion USD, rising 28.44%; clothes and accessories export were 129.478 billion USD, rising 20.88%.
Since early 2010, the negative growth of textile and clothes export began to rebound and remained stable growth since then. Calculated by RMB, the export in 2010 reached a historic high point.
According to the exporters, besides the overseas order increase, raw material price and labor cost also drove the product price rising. But the price rising had reached its bottleneck. The export growth might slow down in 2011.
source:CTEI
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