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Printing & dyeing cloth trade booms

19 Nov '07
3 min read

From January to August, import and export volume of six categories of above-scale printing and dyeing enterprises reached US $8.718 billion, an increase of 6.16 percent over the same time last year, 4.02 percentage points below the growth rate of the previous three quarters, trade surplus marked $4.244 billion, up 16.85 percent on year, down 16.35 percent from the first three quarters of 2005.

Import amount reduced, while import price increased. From January to August, imports of six major printing and dyeing product categories were 1.708 billion meters, less 7.63 percent from the same time last year, while import value scored $2.237 billion, a year-on-year decrease of 2.31 percent; the average import price was $1.31 per meter, up 7 cents per meter over the same time last year.

Although the imports of cotton blended printing cloth were only 3 million meters, its price was as high as $2.17 per meter. The import quantity cotton blended dyeing cloth was 74 million meters, with its highest price mark at $2.03 per meter. Domestic made high-grade clothing fabrics are gradually replacing imported fabrics.

From January to August, imports of six major printing and dyeing cloth categories were mainly from China Taiwan, South Korea, Japan and Hong Kong, with the total imports from the four regions up to 1.613 billion meters, accounting for 94.44 percent of the national total imports. Among the imports, Japanese price was the highest to $2.77 per meter, while Taiwan's price was the lowest to $0.78 per meter. Meanwhile, import price was in a downward trend.

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