Textile Industry’s Exports in March

By CnAgri2013-04-18 11:05:30 Print The textile industry exported $7.504 billion worth textile products and $15.334 billion garments in March, up 27.46% and 44.82% respectively over the month before, down 11.77% but up 49.09% respectively on the year-on-year basis. Adjusting for currency value change, the textile product export value decreased 7.8% but the garment export value added 52.98%, compared with the same period of last year.
 
The textile industry’s export value accounted for 12.54% of the nation’s total export value in March, slightly more than the month before and than the same period of last year. This may help prop up cotton price.

 

From “China Cotton Bi-Weekly Market Report”