Export

Indonesian Illegal Imports Of Clothing Total $2.9bn Per Year

Textile Insights April 12, 2024

The import of illegal garments into Indonesia is projected at three million pieces per day with the import value estimated at US $2.9 billion per year. This was disclosed by Chairman of the Association of Indonesian Textiles (API) West Java branch, Ian Syarif, who said that rise of illegal

Export

Bangladesh Seeks To Expand Apparel & Jute Exports To Russia

Textile Insights April 12, 2024

Jahangir Kabir Nanak, the Bangladeshi Textiles and Jute Minister said his government wants to expand exports of apparels and jute-made products to Russia. “Russia can be a big export market for Bangladeshi garments as well as jute made products,” the minister said after a meeting with Russian Ambassador to Bangladesh, Alexander Mantytskiy. While addressing journalists […]

Export

Double Digit Growth for Bangladesh Garment Exports in March

Textile Insights April 10, 2024

Bangladeshi garment exports increased in double digits or by about 11 percent to reach US $4.34 billion in March 2024 compared to $3.89 billion a year ago, according to data of Export Promotion Bureau. Of this, knitwear exports saw 16.47 percent growth, reaching $2.42 billion compared to $2.07 billion in March 2023, while woven apparel […]

Export

Vietnam Apparel Exporters Should Explore New Markets: VITAS

Textile Insights April 10, 2024

To beat the challenge of the Red Sea crisis, a top official of a Vietnam textile and garment association advised apparel exporters to diversify markets beyond Europe. “Tensions in the Red Sea are a bottleneck for the textile and garment industry when exporting to the European market,” Vu Duc Giang, Chairman of the Vietnam Textile […]

Export

Cambodia Leads Charge In US Apparel Imports In Jan-Feb Period

Textile Insights April 9, 2024

Cambodia led the charge with US garment imports from the SE Asian country increasing 15.34 percent year on year  to $545.20 million in the January to February period of 2024. Overall US apparel imports in the first two months of the ongoing year declined 7.78 percent from a year ago period to US $12.18 billion. […]

Export

Nigerian Textile & Garment Imports Soar 106% Over Four Years

Textile Insights April 9, 2024

Despite various intervention efforts by the Central Bank of Nigeria (CBN) to prop up the domestic textile industry, Nigerian imports of textiles and apparels soared 106.7 percent over the past four years. According to data from the National Bureau of Statistics (NBS), imports of textile and garments which stood at Naira 182.5 billion in 2020 […]

Export

Market Share Of Global MMF Apparel Exports To Reach 60% By 2030

Textile Insights April 5, 2024

A study informed that global apparel exports are expected to grow to $1,121 billion by 2030, from $953 billion in 2022. Of this, around 60 percent are projected to be manmade fibre (MMF) apparels by 2030. “Around 50 percent of the $953 billion in worldwide apparel exports were MMF-based in 2022, 37 percent were in […]

Export

Indian Textiles Ministry To Curb Sub-Standard Quality Exports

Textile Insights April 5, 2024

In order to control exports of sub-standard textile products and bolster India’s reputation in the global market, the Union Textiles Ministry is planning a significant upgrade of its testing infrastructure. “The move comes amid concerns that poor-quality pashmina shawls and silk exports have been hurting the country’s image as a reliable supplier,” Mint

Export

Bangladeshi Apparel Exports To India Drop 23% In July-Feb

Textile Insights April 4, 2024

Bangladeshi exports of garments to India totalled US $580 million in the first eight months of fiscal ending June 2024, a massive decline of 22.99 percent as against $750 million in same period of earlier fiscal. Overall exports from Bangladesh to India fell to $1.27 billion between July 2023 and February 2024, down 16.59 percent […]

Export

Vietnamese Textile & Apparel Exports Grow 9.62% In Jan-March

Textile Insights April 4, 2024

In the first quarter of 2024, exports from the Vietnamese textile and garment industry reached US $9.53 billion, an increase of 9.62 percent over the same period of previous year. The industry has set a target of reaching $44 billion in textile and apparel exports, up 9 percent compared to 2023 and if exports to […]