Export

Indonesian Textile Exports Drop 14.78% In Previous Year

Textile Insights March 18, 2024

Data released by the Central Statistics Agency (BPS) reveals that textile exports from Indonesia showed a significant decline and reached a record low in the last nine years. The Indonesian textile industry, which is one of the leading sectors in the country’s economy, experienced a sharp

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China’s Textile & Apparel Export Growth Trajectory Continues

Textile Insights March 18, 2024

China’s textile and apparel exports in January and February continued on the growth trajectory which started in December last year. According to latest data of the General Administration of Customs, overseas shipments of textiles and clothing in the first two months of 2024 were US $45.09 billion, a year-on-year increase of 14.3 percent. Of these, […]

Export

Vietnamese Imports Of Yarn Decline 1.71% In February 2024

Textile Insights March 18, 2024

Vietnamese imports of yarn stood at 6.13 million tons in February 2024, a year-on-year decline of 1.71 percent and a massive month-on-month decrease of 42.5 percent “Vietnam exported yarn totaling to 120,200 tons in the same month, a year-on-year increase of 10.83 percent, but a month-on-month decline of 25.73 percent,” statistics of Vietnam Customs informed. […]

Export

Vietnam’s Textile & Apparel Exports Up 15% In Jan-Feb 2024

Textile Insights March 9, 2024

Vietnamese exports of textiles and garments totaled US $5.2 billion in the first two months of the ongoing year, which is an increase of 15 percent over the same period last year. According to a Vietnamese expert, the growth has been achieved due to the momentum in orders from key export markets since December 2023. […]

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Bangladesh Clothing Exports Increase 13.93% In February 2024

Textile Insights March 8, 2024

Bangladesh exported apparels totaling to US $4.49 billion in February 2024, increasing by 13.93 percent over a year ago period and also recorded one of the highest figure for any single month. In January 2024, garment exports had reached a record high for a single month and had amounted to $4.97 billion or close to […]

Export

China’s Textile & Apparel Exports Up 14.26% In Jan & Feb

Textile Insights March 8, 2024

China’s textile and apparel exports in the first two months of 2024 stood at US $45.09 billion, up 14.26 percent compared to $39.46 billion in the same period of 2023. Of these, textile exports between January and February 2024 were $21.71, an increase of 15.5 percent over $18.79 billion in the same comparable period of […]

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Pakistan’s Textile Exports Soar 20% In February 2024

Textile Insights March 5, 2024

Pakistan’s textile exports soared 20 percent in February 2024 and amounted to US $1.41 billion compared to $1.18 billion during the same month of earlier year. This is the third consecutive month when textile exports posted a year-on-year increase and the highest year-on-year monthly increase in percentage terms after May 2022. “However, on a month-on-month […]

Export

Infusing $18bn To Help Bangla MMF Apparel Exports Touch $42bn

Textile Insights March 4, 2024

The Bangladesh garment industry has the potential to boost its non-cotton or manmade fibre (MMF) apparel exports to US $42 billion by 2032 at an additional investment of $18 billion. This was revealed in a study conducted by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) done by an Indian research firm Wazir Advisors. The […]

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Bangladesh Faces $27bn Apparel Export Hit From Extreme Weather

Textile Insights February 29, 2024

Bangladesh could lose a massive $27 billion in yearly apparel exports by 2030, if the country does not adopt a climate-adaptive approach due to high heat and floods. Around 2.5 lakh employees working in the garment sector are forecast to lose jobs due to climate-induced disruptions by 2030. This was the interpretation of a study […]

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Indian Apparel Factories Need To Be Fast Fashion Compliant

Textile Insights February 28, 2024

India’s textiles and apparel overseas shipments have dropped over the past five years by 7.6 percent to $34.24 billion in 2023 as against $37.16 billion in 2018. A report titled ‘Regaining Textile Glory’ by Global Trade and Research Initiative added that in the same five year period, India’s textile and garment imports grew 25.46 percent […]