
China’s apparel exports have declined drastically in the first half of the current year and are yet to reverse the trend. In the first six months, the apparel exports for the country to the USA has registered a decline of (-) 5.20 from US $ 12.61 billion over the same period last year to US $ 11.95 billion in the current year. Even after two months, the country’s apparel exports kept declining from US $ 19.82 billion in the first eight months last year to US $ 18.29 billion in the current year while registering a drop of (-) 7.73 per cent.
Country’s apparel exports to the European Union met the same fate as in the first six months, it registered a drop of (-) 8.51 per cent from Euro 12.62 billion in the same period in 2015 to Euro 11.55 billion this year. Even in the following month, the growth remained negative as the apparel exports to the EU registered (-) 9.97 per cent decline to Euro 14.37 billion from Euro 15.97 billion for the first seven months last year.
Also Read – China’s share in EU imports declines
In the first eight months, even the country’s apparel exports to Canada declined by 7.78 per cent. The country lost in knitted segment by (-) 8.55 per cent and in the woven garments, the loss was registered as (-) 7.02 per cent.






