CHINA: Textile, clothing exports surge in Jan-April
China's textile industry has posted a rapid increase in exports to nations other than the EU and US in the first four months of this year according to official statistics.
Figures from the China Chamber of Commerce for Import & Export of Textiles show the country's textile and garments exports were up by 23% in the January to April period, to US$39.38bn.
Textile and garment imports during the same four-month period were up 6% to US$5.42bn.
Following the imposition of quotas on certain textile and garment exports to the EU and US, Chinese producers have increased their trade elsewhere. Exports to the Republic of Korea, Turkey and Mexico surged 47%, 97% and 141% respectively the official figures showed.