Guangdong’s clothing trade improved significantly, and its exports to European and American markets increased by more than 20%

statistics show that Guangdong’s clothing exports have improved significantly this year, with a strong recovery growth trend. 1n May, Guangdong’s exports reached US $3.14 billion, a new high in the year. From January to May 2010, Guangdong exported nearly 13 billion US dollars of textile and clothing, an increase of 15% over the same period last year. Among them, general trade accounted for 60%, and the growth rate was greater than that of processing trade

since March this year, Guangdong’s textile and garment exports have recorded a month on month growth for three consecutive months, with a year-on-year growth of 28% and a month on month growth of 20% in May. From the point of view of export destinations, the growth of major traditional export markets generally recovered, while the rise and fall of exports to emerging markets were mixed. From January to may, the export of textiles and clothing to Hong Kong reached 3.7 billion US dollars, an increase of 8%; Textile and clothing exports to the European Union, the United States and ASEAN increased by more than 20%. Exports to the four markets together accounted for more than 70% of the total value of Guangdong’s textile and garment exports in the same period. 1n addition, exports of textiles and clothing to the Middle East decreased by 3.6%

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