Textile and Garment Trade Between China and Africa
The Current Situation ofTrade Between China and Africa
Textile and garment are bulk commodities in international trade, and textiles and garmentsare the main export products of manufactured goods in the foreign trade. The Chinese garmentindustry is a relatively complete industrial system and has a high-level garment manufacturing capability. In 1994, China has established itself to be the largest garment production country in the world.
What is the role of China in connection to the garment trade in Africa? Up until now,Sino-African trade in general has experienced rapid development, and part of that also textile and garment trade have also seen the golden age. With these strong developments trade frictions of textile and garment between China and Africa do develop as well.
In Africa, the textile industry as a traditional labor- intensive industry and Industrialization leading industry,is an important industrial department in national economy.But for some countries in Africa,the textile industry needs to be further developed.
At present,Africa textile and garment market on the Chinese textile and garment Import and export market share 2.84%.The clothing trade volume between China and africa has increased from five billion dollars in 2005 to multibillion-dollar in 2011,each year by an average of more than 28 per cent,realized a fast acceleration.
Overview of Trade Relations Between China and Africa
In recent years, China's clothing export trade dominated in all kinds of textile trade,In 2012, the Chinese export textile clothing in general trade way of $159.18 billion, an increase of 3.9%, accounting for the same period Chinese clothing 69.5% of the total amount of exports.From the way of export trade,Instead of processing trade, general trade have occurred more often,reflecting that theoverallstrength of China Clothing industry chain has been increasing.Chinese clothing exports mainly concentrated in the southeast coastal area, zhejiang, guangdong and jiangsu textile and apparel exports of the country's top 3.
In 2012, zhejiang, guangdong, jiangsu, Shanghai and shandong total garment exports of $183.6 billion, accounting for the country 72.1% of total exports….To be continued..