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Chinese cotton textiles market shows signs of recovery
News added on 21-Nov-2013 in Textile
Chinese cotton textiles market shows signs of recovery: -
From January to September this year, the imports and exports of Chinese cotton textiles amounted to US$ 6.86 billion and US$ 21.51 billion, the year on- year growth rate were 28.6% and 15.4% respectively, which show that Chinese cotton textiles trade market is recovering. At the same time, the imports and exports of Chinese cotton yarns reached 1.568 million tons and 397,000 tons, the year-on-year growth rate were 44% and 22% respectively, an indication that the demand for imports of cotton yarns in China remains high since last year. For the detailed market share, Pakistan accounted for about one-third, India accounted for more than 29%, while Vietnam accounted for more than 11%.