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Industrial Textiles Export Summary in the First Half of 2010 - 4

From the perspective of export value, industrial textiles are primarily exported to Asia, with a total value of $1.498 billion, accounting for 59.8% of the overall exports. This region remains the most significant market for industrial textiles. Europe follows closely, with an export value of $412 million, representing 14.91% of the total. In terms of year-on-year growth, North America experienced the fastest increase in export value from January to June 2010, rising by 101.60%. This surge suggests that the U.S. government’s strategy of increasing deficits to stimulate economic growth was effective during the financial crisis. Europe and South America also saw substantial growth, exceeding 40%, while Oceania had the slowest growth at just 18.25%. Looking at the added value of exports, Asia still leads with a $477 million increase, making up 53.35% of the total value added. Europe contributed $157 million, or 17.63% of the total value added. **Table 14: Export of Industrial Textiles to All Continents (Billion dollars, percent)** | Continent | 2010.1-6 | 2009.1-6 | Year-on-Year | Amount Increase | |---------------|----------|----------|--------------|------------------| | Asia | 14.98 | 10.21 | 46.69% | 4.77 | | Africa | 1.55 | 1.08 | 44.12% | 0.47 | | Europe | 4.12 | 2.55 | 61.87% | 1.57 | | South America | 2.63 | 1.78 | 47.40% | 0.84 | | North America | 2.44 | 1.21 | 101.60% | 1.23 | | Oceania | 0.30 | 0.25 | 18.25% | 0.05 | **Table 15: Top 10 Countries and Regions in Export Value of Industrial Textiles (Million dollars, %)** | Country | 2010.1-4 | 2009.1-4 | Year-on-Year | Amount Increase | |------------------|-----------|-----------|--------------|------------------| | India | 28,943.45 | 22,710.27 | 27.45% | 6,233.18 | | United States | 20,634.77 | 10,472.88 | 97.03% | 10,161.89 | | Hong Kong | 19,423.09 | 17,258.44 | 12.54% | 2,164.65 | | Vietnam | 15,916.79 | 5,887.10 | 170.37% | 10,029.68 | | Mexico | 9,039.13 | 6,900.26 | 31.00% | 2,138.86 | | Indonesia | 9,019.97 | 7,353.56 | 22.66% | 1,666.40 | | Korea | 8,076.33 | 5,670.53 | 42.43% | 2,405.80 | | Malaysia | 7,048.27 | 4,435.55 | 58.90% | 2,612.72 | | Brazil | 7,009.24 | 3,853.76 | 81.88% | 3,155.48 | | Germany | 6,842.27 | 3,918.30 | 74.62% | 2,923.97 | From January to June 2010, India, the United States, Hong Kong, and Vietnam were the top four countries for industrial textile exports. All ten countries and regions recorded positive growth, with the United States showing the largest increase at $101.6189 million, followed closely by Vietnam with a 170.37% growth rate and an increase of $10,029.68 million. Overall, the export of industrial textiles experienced strong growth during this period. The two main product categories—light box cloth and geogrid—continued to perform well, with favorable pricing and coordination. These products remain in high demand globally and are expected to maintain their momentum for some time. Additionally, exports of canopies, belts, and fiberglass cloths have also grown rapidly. However, there is concern over declining export prices, which could reduce profit margins and lead companies to scale back these products. Government policies encourage diversification of export markets, reducing reliance on European and American markets. Meanwhile, many small and medium-sized countries in Asia and South America are showing increased demand for industrial textiles, highlighting the importance of exploring new market segments and reducing dependency on a single region.

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