China: luggage exports up 37% to $17b
The China Leather Industry Association (CLIA) has reported that China’s luggage and bags exports have increased by 37.1% to $17.2 billion in the first nine months, 0.3 percentage points higher than in the previous year.
In terms of luggage, 39.7 million pieces were exported for $390 million, which marks a growth of 26% in volume and 35% in value. The exported value of bags increased 35% to $12.7 billion.
The imported value for the same products was $970 million, up 52.9% from the previous year.