According to statistics from the Chinese general administration of customs, in the first fiscal quarter the total foreign trade value of luggage and bags recorded a growth of 41.3% to $4.5 billion over a year earlier.

The export value grew by 40.9% to $4.3 billion, representing 93.9% of trade value, but it declined 33.8% to 675 million pieces. The average price was $6.75 per piece, up 112.9%.

For imports of the same products the value also posted a growth of 47.5% to $275 million.

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