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Chinese medical dressing exports down in 2012

28 Mar '13

2 min read

China's exports of medical dressing fell in 2012, due to the impact of grim situation in foreign trade between China and Europe and Japan.

Other reasons include, competition from Southeast Asian countries, increase in RMB exchange rate and a decline in product prices, China's medical dressings exports registered US $2.29 billion in 2012, down 6.98 percent year on year.

As the world economy has gradually stabilized from that in 2012 and combined with the demand for medical dressings, as well as China's relatively cost advantage, China's exports of medical dressings are expected to rebound by about 10 percent in 2013.

According to World Customs data, China's market shares in the European Union and the United States were basically flat with the previous year, showing an increase of 1.41 and 0.04 percentage points, respectively.

Export volume of medical dressings grew by 4.04 percent year on year, while export prices fell 10.59 percent year on year. Export volume and value of adhesive dressings increased 7.50 and 10.04 percent year on year, respectively.

The demand from traditional markets of North America and Europe dropped slightly and showed negative growth of 4.49 percent and 12.79 percent, respectively.

At the same time, exports to emerging markets of Africa, Middle East, Oceania, ASEAN and other regions grew faster in 2012.

Technicaltextile News Desk - China