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China: prices up, volume down in Q1 bag exports

19/05/2011

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%.

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