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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

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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 […]

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2023 Most Difficult Year For Vietnam Textile & Garment Exports

Textile Insights January 8, 2024

2023 has been the most difficult year for textile and garment exports in the past 29 years. This was said by Cao Huu Hieu, Director of Vietnam Textile and Garment Group (Vinatex). Hieu said this while addressing a press conference while summarising the developments in the Vietnamese textile and apparel industry in 2023. Hieu added […]

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Textile Exporters Hold Back Shipments Amid High Freight Costs

Textile Insights January 8, 2024

The Indian Commerce Ministry is monitoring developments on the situation at the Red Sea, amid textile and garment exporters holding back their shipments owing to fears about higher freight costs. The cost of freight and insurance has risen due to ships being compelled to avoid the region and take a longer route around the Cape […]

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India’s Textile & Garment Exports Sluggish Despite FTAs

Textile Insights January 5, 2024

India’s exports from labour-intensive sectors such as textiles, garments, gems and jewellery, and leather have been sluggish despite free trade agreements (FTAs). “The rise of efficient suppliers in China, Vietnam, and Bangladesh has contributed to a decline in India’s market share in global trade,” a recent Global Trade Research Initiative (GTRI) report reveals. The

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Pakistan Textile Exports Post Turnaround In December

Textile Insights January 4, 2024

Pakistan’s textile exports in December 2023 posted a turnaround in the declining trend and amounted to US $1.4 billion, an increase of 3 percent over $1.36 billion recorded in the same month of 2022. According to data released by the All Pakistan Textile Mills Association (APTMA), textile exports were also 6 percent higher in December […]

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Textile & Clothing Exports From Bangladesh Rise 3.67% In 2023

Textile Insights January 3, 2024

Textile and apparel exports from Bangladesh amounted to US $47.3 billion in 2023, growing by 3.67 percent or $1.68 billion over its previous year. Of these, exports of home textiles stood at $1.09 billion, while those of knitwear and woven clothing exports reached $46.99 billion. “The rise in garment exports was driven by a 7.47 […]