Clothing exports to EU up 40%

Foreign Trade

28 November 2005

China's clothing exports to the European Union rose by 40% in the first eight months of the year, reducing imports from other Asian and African exporters, reported the Financial Times. Burma and the Philippines were the worst hit Asian countries, down 54.4% and 41.4% respectively. Also falling were South Korea, by 28.6%; Thailand by 15.1%, Pakistan by 16.3% and Bangladesh by 9.3%. African, Caribbean and Pacific exports to the EU dropped 24% in value and 28.1% by volume.

Bookmark and Share: