Guangdong: Apparel export in May declines 30% over the same period
Source: globecotnews Date: 2008-07-10
According to the statistics of Guangzhou Customs, the export of garments and accessories in Guangdong is 2.48 billion US dollars in May 2008, 30.6% down over the same period of last year. From January and May, the accumulated export is 8.62 billion US dollars, 21.8% dropped. Except the increase of export to EU, all the export to other markets declines dramatically, especially in US, the statistics up to May 21 released by US Customs reveal that the average usage rate of the textile export quota for 21 kinds of popular textiles and garments exported to USA didn't reach 20%.
