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Textile Industry Seeks Higher Duty On Knitted Fabric Imports

Textile Insights January 22, 2024

The first-ever meeting of the newly constituted Textile Advisory Group (TAG) for manmade fibre under the Ministry of Textiles has offered hope for changes in customs duty on knitted fabrics to reduce imports. “We raised the issue of illegal and undervalued import of Chinese knitted fabric,

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Chinese Textile & Apparel Exports Post Slight Fall In December

Textile Insights January 20, 2024

Chinese exports of textiles and apparels were down slightly by 0.10 percent year on year and touched US $25.27 billion in December 2023. Of this, textile overseas shipments totaled $11.21 billion, growing by 1.85 percent over same month of its previous year and garment exports were down by 1.60 percent and reached $14.07 billion. In […]

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Vietnam Textile & Garment Exports Expected To Prosper In 2024

Textile Insights January 15, 2024

Vietnam’s textile and apparel exports to the US market are expected to prosper in 2024, as Vietnamese textile and garment exporters already have orders in hand till end of first quarter of 2024. According to a VinaCapital Group report, export orders are expected to rise in 2024, as inventories with US clothing brands and retailers […]

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Cambodian Apparel Exports Decrease 12.86% Last Year

Textile Insights January 12, 2024

Cambodia’s exports of apparel dropped 12.86 percent in 2023 to US $7.86 billion as against $9.02 billion in 2022. Within apparel exports, knitted clothing overseas shipments fetched $5.47 billion, down 14 percent versus $6.36 billion in 2022. While woven garment exports garnered $2.39 billion, a drop of 10.4 percent as against $2.66 billion in 2022. […]

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US Textile & Garment Imports Inch Up 1.5% In November

Textile Insights January 11, 2024

US textile and apparel imports increased 1.5 percent in November 2023 and amounted to 6.9 billion SME compared to 6.8 billion SME in the same month of 2022. As per data of the Office of Textiles and Apparel of the US Department of Commerce (OTEXA), imports from Mexico recorded the highest hike at 79.8 percent […]

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Bangladeshi Tops In Global Apparel Exports By Volume To UK

Textile Insights January 11, 2024

In the first 10 months of 2023, Bangladesh has retained its position as the top exporter of apparels and accessories to the UK market in terms of volume. Data from Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said that Bangladesh shipped 178.39 million kg of apparels to the UK compared to 159.25 million kg exported […]

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Swiss Import Duty Abolition Negates India’s Gains From FTA

Textile Insights January 10, 2024

Switzerland which introduced a policy to allow tariff-free entry for all industrial goods from all countries has negated India’s gains from the negotiations for a European Free Trade Association (EFTA) free trade agreement. Switzerland’s decision that took effect from January 1, 2024 resulted in removing tariffs on products, including chemicals, consumer goods, vehicles

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Three Global Fashion Companies To Compensate Mauritius Workers

Textile Insights January 10, 2024

Three global fashion companies have agreed to collectively pay US $420,593 to compensate apparel workers in Mauritius after the publication of an undercover investigation report into labour rights abuse. The three companies include PVH, owner of Tommy Hilfiger and Calvin Klein; Second Clothing and UK based brand Barbour. Transparentem, a US non-profit organisation

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China’s Changing Economic Landscape: Beyond The Garment Industry

January 10, 2024

Five years ago, workers from regions as distant as Gansu and Qinghai flocked eastward to Guangdong’s Pearl River Delta, lured by the promise of lucrative wages in the booming garment factories. It was a time when a skilled sewer could earn more than a university graduate. Fast forward to today, and the scenario has drastically […]

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Cotton Imports By Bangladesh Decline Significantly In 2023

Textile Insights January 9, 2024

Bangladeshi cotton imports declined significantly to 1.35 million tons, decreasing by 24.85 percent compared to 1.80 million tons in 2022. Imports of cotton, yarn and fabric by Bangladesh slipped in 2023, although exports of apparel grew 3.67 percent the same year But imports of manmade fibre registered a growth in 2023; due to Bangladeshi apparel […]