Sino Australian Trade In Textiles And Clothing Has Increased Steadily.

Statistics released by China Customs show that in the first three quarters of this year, China and Australia textile Trade with clothing products exceeded US $3 billion 400 million, an increase of 23.4% over the same period last year. Among them, China's exports to Australia reached $3 billion 390 million, an increase of 23.5% over the same period last year. China's imports from Australia reached $12 million, unchanged from the same period last year. It is predicted that this year the textile between the two countries and Clothing trade The amount is expected to reach US $4 billion 500 million.

According to the statistics of the China Textile Import and Export Chamber of Commerce, in recent years, trade in textiles and clothing between China and Australia has increased rapidly. Over the past 10 years, bilateral trade volume has increased rapidly from less than US $1 billion 150 million in 2001 to US $3 billion 790 million in 2010, an increase of 2.3 times, with an average annual growth rate of 12.7%.

At present, Australia is China's tenth largest textile and garment trading partner, and China's ninth largest export market. Textiles and clothing account for 4% of the bilateral trade volume between the two countries.