Textile And Garment Exports In Fujian Decreased By 66.7% In February.

According to Fuzhou customs statistics, in the 1 and February of this year, Fujian textile and clothing exports were US $1 billion 160 million, up 3.4% over the same period last year.

In January, the province's textile and clothing exports increased by 24.4% over the same period last year, and exported only 290 million US dollars in February, down 31.4% and 66.7% respectively.

According to the analysis of Fuzhou customs, in January, Fujian textile and clothing exports showed four characteristics: first, exports were mainly in the general trade mode, up to US $760 million, up 27% from the same period last year, accounting for 87.4% of the total textile and garment exports in Fujian.

Two, exports to the European Union continued to grow rapidly, reaching US $120 million, an increase of 31.7%, accounting for 13.8% of the total textile and clothing exports in Fujian over the same period.

Three, private enterprises accounted for nearly 6 of the total exports, reaching 490 million US dollars, an increase of 31.4%, accounting for 57.5% of the total textile and clothing exports of Fujian in the same period.

Four, exports of garments and textile yarns were greatly increased. Clothing and clothing accessories exported US $670 million, an increase of 23.6%; textile yarn, fabrics and products exported 200 million US dollars, an increase of 27%.

Textile industry is an important labor-intensive industry in Fujian province.

Influenced by many factors such as the impact of the international financial crisis and the appreciation of the renminbi, the rising cost of production factors and the tight liquidity, the production and operation of textile enterprises in Fujian province has been more difficult since 2008.

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