Wool exports to China hit record
South Africa, the world's second-largest exporter of apparel
wool, posted record wool exports to China during the 2008-09
seasons. Exports of unprocessed wool to the Asian nation grew
53% to 21.2 million kg from 14 million in the 2008-09 seasons,
Cape Wools said in a statement.
The total value of the wool shipped to China amounted to
622.7 million rand, which is slightly down on the previous
season due to lower wool price levels. Total export volumes of
partly processed wool had dropped to 27.2 million kg from 29.4
million in 2007-08.
South Africa mainly exports unprocessed wool to China, and
also smaller quantities of scoured wool and wool top. Exports to
other countries including Italy, the Czech Republic, Germany and
India had fallen due to the slowdown in retail demand for
clothing caused by the global economic downturn.
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