Export

Chinese PSF Exports Down 13.8% Between January & February

Textile Insights March 30, 2024

In the first two months of 2024, Chinese exports of polyester staple fibre (PSF) totaled 167.2 kilo tons, down 13.8 percent over the comparable period of 2023. Of these, PSF exports in January 2024 amounted to 97.27 kilo tons, a year on year decline of 7.2 percent, while in February, they stood

Export

Philippine Apparel Exports To EU Losing Out On GSP+ Due To ROO

Textile Insights March 28, 2024

Export markets like the European Union favour apparels from countries that have their own domestic source of raw materials like yarns and fabrics, to comply with Rules of Origin (ROO) regulations. “So, it is important to have domestic supply of textiles, especially for garments that are shipped to the EU,” Robert Young, Head of the […]

Export

Vietnam Textile & Apparel Exports Optimistic Of Reaching Target

Textile Insights March 26, 2024

The Vietnamese textile and garment is witnessing a rise in export orders since the beginning of this year and so is optimistic about achieving target of US $44 billion in exports this year. A majority of textile and garment exporters have reported that they have in hand production orders in hand till May 2024. Experts […]

Export

Indian Textile & Apparel Exports Drop 7.38% Between April & Feb

Textile Insights March 26, 2024

India’s textile and apparel exports dropped 7.38 percent to US $40.76 billion in the eleven months of fiscal 2023-24 from $44.01 billion in the same period of earlier fiscal. Exports of textiles totaled $30.96 billion in the period between April and February 2024, down 4.2 percent compared to $32.33 billion in the comparable months of […]

Export

Indian Textile & Garment Exports Post 12.49% Growth In Feb

Textile Insights March 22, 2024

Indian exports of textiles and apparels in February 2024 recorded a growth of 12.49 percent over the same month of earlier year. “Of overall exports in February, textile exports rose 19.54 percent, while garment exports grew at 4.88 percent, both over February 2023,” data from Confederation of Indian Textile Industry (CITI) showed. Overseas shipments of […]

Export

US Apparel Imports Fall 16.53% To $6.04 Billion In January

Textile Insights March 18, 2024

US apparel imports fell 16.53 percent year on year to US $6.04 billion in January 2024. Of this, clothing imports from China dropped 2 percent and from Vietnam declined 5 percent. This was informed by statistics released by the Office of Textiles and Apparel (OTEXA) under the US Department of Commerce. It may be recalled […]

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 decline of 14.78 percent year on year to total […]

Export

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. […]