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Bangladesh’s RMG Exports To EU Surge By 61% In Jan

Textile Insights March 20, 2025

Bangladesh’s readymade garment (RMG) exports to the European Union (EU) recorded a strong 61% growth in January 2025, outpacing major competitors such as China, Vietnam, Turkey, and India. According to Eurostat data released on March 18, Bangladesh’s apparel exports to the EU reached €1.91

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Pakistan’s Textile Exports Drop By US$ 272.6 Million In February

Textile Insights March 20, 2025

Pakistan’s textile exports fell sharply by US$ 272.6 million in February compared to January, as high production costs driven by expensive electricity continue to pressure the sector. According to data from the Pakistan Hosiery Manufacturers Association (PHMA), textile exports stood at US$ 1.41 billion in February, down from US$ 1.68 billion in January. Knitwear exports

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India’s Apparel Exports Surge 12.9% In December 2024

Textile Insights January 27, 2025

India’s apparel exports registered a strong growth of 12.9% in December 2024 compared to the same month in 2023, despite global economic challenges and subdued demand from major markets. The cumulative exports for April–December 2024-25 reached US$ 11,316.2 million, reflecting a growth of 11.6% over the corresponding period in 2023-24. Commenting on this performance,

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Indian Textile Exports Surge By 12.76% In December 2024 Say CITI Report

Textile Insights January 22, 2025

India’s textile and apparel exports recorded remarkable growth in December 2024, with the Confederation of Indian Textile Industry (CITI) reporting a 12.76% increase in textile exports and a 12.89% rise in apparel exports compared to December 2023. The combined growth for the month stood at 12.82%, reflecting the sector’s resilience and strong performance. From

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MODIFI Meets Textiles Minister To Boost Trade Finance For Exporters

Textile Insights January 10, 2025

The Hon’ble Minister of Textiles, Giriraj Singh, met today with representatives from MODIFI to discuss advanced trade financing solutions aimed at empowering Indian textile exporters. The discussions focused on addressing the complexities of global trade while leveraging emerging opportunities amidst ongoing geopolitical and economic shifts. The MODIFI delegation, led by

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China, India And Türkiye: The Global Home Textiles Powerhouses!

Textile Insights January 9, 2025

As the world shifts toward sustainable and design-focused home solutions, the global home textiles industry is poised for transformation as advances in technology, coupled with increasing consumer awareness of eco-friendly products, are set to redefine the sector, writes Henry Dsouza, Associate Editor, Textile Insights The global home textiles industry, a key pillar of the

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Pakistan Falls Short of US$ 17 Billion Textile Export Target

Textile Insights January 2, 2025

Pakistan’s textile exports for the fiscal year 2023-24 grew by a modest 0.93%, generating US$ 16.7 billion in revenue. In the first five months of FY25, exports reached US$ 7.60 billion, marking a 10.51% increase compared to the same period last year. However, the total exports for the first 11 months of 2024 amounted to […]

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FIEO Plans To Boost Indian Exports To The US Amid Tariff Shifts

Textile Insights December 27, 2024

The Federation of Indian Export Organisations (FIEO) has outlined a strategic plan to enhance India’s exports to the United States, capitalizing on opportunities arising from potential tariff hikes on Chinese goods under the administration of US President-elect Donald Trump. Israr Ahmed, Vice President of FIEO, emphasized the need for financial support to enable

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Vietnam Poised To Surpass Bangladesh In Garment Exports

Textile Insights December 27, 2024

Vietnam’s garment exports are projected to reach US$ 44 billion in 2024, marking an 11% year-on-year growth and positioning the country to surpass Bangladesh as the world’s second-largest garment exporter, according to a Vietnamese media report. In comparison, Bangladesh has set a lower export target of US$ 40.48 billion for garments in FY 2024-25, representing

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Vietnam’s Garment-Textile Exports Set To Reach US$ 44 Billion In 2024

Textile Insights December 17, 2024

Vietnam’s garment-textile exports are projected to hit US$ 44 billion in 2024, marking an 11.26% increase from 2023, according to the Vietnam Textile and Apparel Association (VITAS). Imports are estimated at US$ 25 billion, up 14.79%, resulting in a trade surplus of US$ 19 billion, a 6.93% rise over the previous year. VITAS President Vu […]