blankets
China is the world's leading supplier of home textiles (including blankets), with exports in 2004 rising 24 percent to reach $4.7 billion. The elimination of quotas on certain home textile products in January 2005 helped accelerate export growth even further. Overseas shipments in the first five months of 2005 amounted to $2.2 billion soaring 40 percent year-on-year. According to China customs statistics, total home textile (including blankets) exports from the country rose by a modest 24 percent in 2004. However, shipments in the first five months of 2005 soared nearly 40 percent to reach US$2.2 billion from a year ago. But even more remarkable export growth is evident in certain product categories to some of the country's key markets. Household textile industry is a new component of China textile industry. As its sub-industry, bedding industry also develops very quickly. In 2005, the total import and export value of China household textile industry was USD 15.384 billion, increasing 31.93% year on year and that of bedding (including blankets) was USD 1.847 billion, accounting for 12% of import and export of household textile industry and increasing 62.77% year on year. Therefore, bedding (including blankets) is an important component of import and export of China household industry.
|