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China Textile and Apparel Exp. $10.4 Billion in Jan. 2006

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China's total imp. & exp. value of foreign trade recorded U.S. dollar 120.49 billion in Jan. 2006 increasing 26.8% compared with the same period of last year. Among them, export was 64.99 billion dollars, increasing 28.10%; while import was 55.50 billion dollars, increasing 25.4%. Trade surplus was 9.49 billion dollars, which is released by China Customs.

Official statistics made by China Customs that China’s total imp. & exp. value of textile and apparel Jan.2005 reached 11.561 billion dollars, increasing 20.98% compared with the same period of last year, and taking up 9.59% of China gross imp.& exp. value of foreign trade. Gross export value of textile and apparel in China was 10.422 billion dollars, increasing 23.90% compared with the same period of last year, and taking up 16.04% of gross export value of foreign trade in China. Among them, textile export was 3.828 billion dollars, increasing 22.42% compared with the same period of last year; and apparel export was 6.594 billion dollars, increasing 24.78% compared with the same period of last year. Gross import value of textile and apparel reached 1.139 billion dollars, down 0.56% compared with the same period of last year, and taking up 2.05% of gross import value of foreign trade in China. Among them, textile import was 1.026 billion dollars, down 2.37% compa19.60% compared with the same period of last year. The favorable balance of textile and apparel trade reached 9.283 billion dollars in Jan.2006.

Among the main export countries and areas of textile and apparel, USA was the top one, Japan and Hong Kong PR China became the top two and three. In Jan, China export to USA reached 1.53 billion dollars, increasing 8.45% compared with the same period of last year; export to Japan was 1.436 billion dollars, increasing 16.80% compared with the same period of last year; export to Hong Kong PR China was up to 1.326 billion dollars, up 11.99% compared with the same period of last year. Total value of export to the above three countries and area reached 4.292 billion dollars, taking up 41.18% of total export of textile and apparel. Export to EU reached 1.759 billion dollars, increasing14.52% compared with the same period of last year. Export to EU and USA reached 3.288 billion dollars, increasing 11.62% compared with the same period of last year. Export to other countries except EU and USA reached 7.133 billion dollars, increasing 30.50% compared with the same period of last year.

Among the main import countries and areas, Taiwan, Japan and South Korea became top three. In Jan. 2006, the import textile and apparel from Taiwan, Japan and South Korea was 0.226 billion dollars, 0.210 billion dollars, and 0.164 billion dollars, increasing 3.82%, down 17.29% and down 9.16% separately.

Source: CCPIT TEX