Hong Kong textile industry in Hong Kong in the manufacturing sector and foreign trade is an important position has been. In recent years, in order to reduce production cost, improve competitiveness, Hong Kong textile, dyeing and clothing factory is mostly moved to mainland China and southeast Asia, Hong Kong by a textile clothing processing center into textile clothing production control center and trade center trend is more and more obvious.

Hong Kong textile trade the 1950s to transit is given priority to, with the establishment and development of textile industry, for the import of raw materials and Hong Kong exports increasing. After the 1980s, because the factory moved to mainland China and southeast Asia, etc, the processing of raw materials, semi-finished products and finished products with recognition is frequent, entrepot trade jump sharply, thus promote the overall textile trade growth.

At present the Hong Kong imports mainly is for the transit, the proportion of the nearly 80% above, this pin accounted for only a retain, textiles into the port transit forehead already exceeded Hong Kong exports of textiles, which reflects the total textile export already from Hong Kong on local processing export transferred to transit trade. Hong Kong is currently the world's third largest textiles exports, export quantity and amount behind mainland China and India.

In recent years, the global economic slowdown, textile fabric demand decreases, Hong Kong's textile fabric manufacturers also difficult to possess, 2010 total exports of textiles for Hong Kong 112 billion, compared with $63m of the 2009 99 billion $14 million dollars; rise higher Local export for the amount of $250m by 2009, compared with $2 billion of 78 million fell 10.0%; Transit for the amount of $110 billion of 1.2 million in 2009, compared with $36m 96 billion rise 14.3%. Including textile yarn 29 percent above, secondly is woven cotton, knitting fabric, etc.

China has been the biggest market in Hong Kong textiles exports, according to the Hong Kong government census data shows, 2010 Hong Kong textile exports China textiles for 80 billion total $2 million in 2009, a $70 billion, up 12.9 8,900, accounts for about $Hong Kong textile fabrics exports sequence is reprinted, followed by Vietnam (5.3 percent), Indonesia (3.6%), Cambodia (3.2%), Bangladesh countries (3.1%), Sri Lanka (1.6%), Thailand (1.5%) and America (1.5%), etc.

China is also the biggest market for textile imports of Hong Kong, 2010 Hong Kong from mainland China textile imports totaled 70 billion 20 million dollars, more the 2009 $48 million to $63 billion, accounting for approximately Hong Kong rose 10.3% of total imports surged 62.4 percent from textile fabrics. Hong Kong's current is Taiwan's largest export market, data showed that fabric imported from Taiwan in Hong Kong in 2010 for 10 million total cloth is $37 million in 2009, the $9 billion to $17 million in Hong Kong, Taiwan 13.1% rising exports accounted for more than 15 percent of total export of cloth, far higher than other major export markets. Meanwhile, Hong Kong also is second only to the United States and Japan, Taiwan's textile and apparel exports the third-largest market. By the end of 2010, Hong Kong ShangYao has more than 870 textile mill, engaged in textile products trade company employed by over 4,000 employees, more than three million.

Source "Chinese textile nets"

Editorial: HongZhen