North Korea'S Textile Exports To China Have Increased Nearly 3 Times In The Past 4 Years.

The data released by the Beijing branch of the Korea Trade Association showed that in 2014 1-7, North Korea's textile exports to China amounted to US $410 million, and the total export volume in 2014 is expected to reach US $800 million, which is nearly 3 times higher than that of US $190 million in 2010.

In recent years,

For China

The proportion of exports in total exports to China showed an upward trend year by year, from 16% in 2010 to 17.1% in 2011, and increased to 18.2% in 2012. In 2013, it exceeded 20% mark, reaching 20.7%, and 2014 again rose to 26.3% in 2014.

According to analysis, at present

Textile enterprises have exported raw materials to North Korea and imported locally produced products. The most important factor is the low cost of manpower in North Korea.

On the other hand, the proportion of North Korea's exports of China's coal, iron ore and other mineral resources to China's total exports dropped from 66.2% in 2010 to 60.7% in 2014.

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According to the Kampuchea International Trade Promotion Agency, in the first 6 months of this year, including financial institutions, household equipment, textiles and clothing, import and export trade and other industries, Kampuchea's tax revenue amounted to US $532 million, an increase of 13.5%.

Among them, the clothing industry is the most outstanding. Newly registered garment factories in Kampuchea have reached 1200, an increase of 8% over the same period last year, and the number of employment increased from 678 thousand to 733 thousand.

In terms of investment, the Kampuchea Investment Promotion Board (CIB) has approved 2932 investment projects from 1994 to the end of June 2014, with a total value of nearly US $10 billion 534 million.

In the first half of this year, investment projects approved by CIB amounted to 91, valued at $226 million, an increase of 18 projects compared with the same period last year, with an increase of 29% in investment.

Among them, the clothing industry's investment projects amounted to 53, valued at US $70 million, and the main source countries of investment include China, Korea, Italy, Japan, Germany, Singapore and the United States.

With the improvement of the political situation in Kampuchea, a number of Thailand manufacturers have invested in the Kampuchea garment industry.

Meanwhile, with the improvement of the domestic situation in Thailand, the local small and medium-sized enterprises are also stepping up their research and development of new products and expanding their businesses.