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China: Luggage and bags exports increase in May

According to a recent report from China Chamber of Commerce for I/E of Light Industrial Products and Arts and Crafts, the Luggage and bags posted a rising in May's export to 1.966511 billion US dollars over the previous month, the unit price up 0.03 US dollars for per piece.

Compared with 2010 the export value in May surged by 31.63%, the unit price grew by 110.92%.

In terms of the first five months the value reached to 8.050563 billion US dollars, up 40.11% in value, down 34.52% in volume. Average unit price marked a growth of 113.97%.

SOURCE: CHINA LEATHER NET