Export

2024 Vietnamese Textile & Garment Export Target Set At $40bn

Textile Insights December 1, 2023

The Vietnamese textile and garment industry has set a target of exporting textiles and apparels amounting to US $44 billion for the next year. This was informed by Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS) at a press conference. This ambitious target has been

Export

Indian Cotton Yarn Exports Surge 293% YoY In September

Textile Insights November 29, 2023

China Slips to Second Place in Indian Cotton Yarn Market, Bangladesh Claims Top Spot In September 2023, the export dynamics of Indian cotton yarn (HS 5205) witnessed notable shifts. The total export volume reached 103,100 tons, marking a significant year-on-year surge of 293.11%, despite a month-on-month decline of 11.12%. China, traditionally a dominant market, slipped

Export

MAS Holdings Bags 16 Sri Lankan Presidential Exports Awards

Textile Insights November 28, 2023

MAS Holdings, one of the biggest Sri Lankan apparel and accessories exporter along with its subsidiaries bagged 16 Presidential Exports Awards for 2021-22 and 2022-23 in recognition of its contribution to the export sector. MAS Active in addition to the two overall exporter awards for both years, winning the Overall Market Diversified Exporter of the […]

Export

Vietnam-Made Textiles & Apparels Shipped To 104 Countries

Textile Insights November 25, 2023

This year, Vietnam-made textile and garments were exported to a total of 104 countries, despite a decline in export turnover. This was informed by Vũ Đức Giang, Chairman of Việt Nam Textile and Apparel Association (VITAS) and reported by Vietnam News Agency. “This demonstrates efforts of the exporters to diversify markets amid drop in consumption […]

Export

Japanese Imports Of Apparel Surge 17.4% In September 2023

Textile Insights November 24, 2023

Japanese imports of apparel in September 2023 climbed to US $2.63 billion, a surge of 17.4 percent over its previous month, but fell 3.95 percent volume wise. In the period between January and September this year, garment imports from Japan rose slower at 4.08 percent to $16.66 billion over the comparable months of the previous […]

Export

Bangla Apparel Exports To India Down 12.8% In July-Oct

Textile Insights November 21, 2023

In the first four months of fiscal 2024 ending October 2023, Bangladesh garment exports to India dropped to US $346.34 million, down 12.80 percent compared with same period of earlier fiscal. Experts have raised concerns over apparel exports falling in the reporting period to the neighbouring country, which has a big population. “But they also […]

Export

UK Garment Imports Drop 30.62% In September 2023

Textile Insights November 21, 2023

UK’s garment imports totaled £1.44 billion in September 2023, dropping by a massive 30.62 percent compared to the same month in the previous year Again in September 2023, textile fabric imports also declined to £457 million, down 13.93 percent from a year ago month. The clothing retail market in UK has faced several challenges over […]

Export

Chinese Cotton Yarn Imports Leap 162.6% In October

Textile Insights November 20, 2023

China imported approximately 170,000 tons of cotton yarn in October 2023, a decrease of 10,000 tons month-on-month, but a massive year-on-year hike of 162.6 percent. In the first ten months of the current year, China imported around 1.38 million tons of cotton yarn, thereby recording a significant increase of 21.2 percent. It is estimated that […]

Export

CITI: Indian Textile Exports Surge 24.29%, While Apparel Dips 8.08% In Oct. 2023

Textile Insights November 19, 2023

In a recent analysis by the Confederation of Indian Textile Industry (CITI), the October 2023 performance of Indian textile and apparel exports has showcased a tale of contrasting trajectories. Indian textiles exports witnessed a substantial growth of 24.29%, reaching US$ 1643.36 million in October 2023 compared to the same period last year. However, the apparel […]

Export

Vietnam’s Textile & Apparel Exports Down 5.04% In October

Textile Insights November 18, 2023

Vietnam’s textile and apparel exports totaled US $2.566 billion in October 2023, down 5.04 percent year on year and a marginal 0.06 percent month-on-month. In the first ten months of the current year, Vietnamese textile and garment exports reached $27.67 billion, a year-on-year decline of 12.9 percent. In October, yarn exports were 162,700 tons, an […]