The growth rate in first three months was 26.13%, 0.53 points higher than that in first two months. Since Chinese lunar New Year was in Feb. which means shorter working day than normal month. The growth in March was reasonable, which also meant the stable American market. But it was early to be optimistic considering the still high unemployment rate in the US. It was estimated that the rapid growth of Chinese import would ease in next a few months.
By categories, the fabrics importing from China grew 37.89% from Jan. to Mar. followed by clothes as 28.67%, then home textiles 20.11%. Thanks to the recovery of the US manufacturing industry, the import growth rate of fabrics was higher than other products. With the upgrading of Chinese fabrics, its proportion in the total textile export to the US would extend further.
