Export

Indian MMF Textile Exports Drop 12% Between April & Aug

Textile Insights November 16, 2023

In the first five months of fiscal 2024 ending August 2023, MMF textile exports declined 12 percent year on year to $2.26 billion from $2.56 billion in the comparable period of 2022. Manmade fibre (MMF) textile exports in August from India reached US $471 million, dropping 4.8 percent from $495

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Adopt USA Certifications To Boost Indian Apparel Exports

Textile Insights November 11, 2023

Compliance and certifications of the US and other international standards are essential for growth of Indian garment exports to the US, was the advice of a senior official of an American trade body. The American Apparel & Footwear Association (AAFA) and Worldwide Responsible Accredited Production (WRAP) recently organised a workshop on US compliance standards for […]

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Bangladesh Garment Exports Script Turnaround Between July-Oct

Textile Insights November 11, 2023

In the July to October period, Bangladesh clothing exports totaled US $14.78 billion, up from $13.95 billion in the comparable months of earlier fiscal, indicating a growth of 5.59 percent. Bangladesh garment exports in October 2023 dropped 13.93 percent to $3.17 billion from $3.68 billion in October 2023. The labor unrest, which started around the […]

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USA Garment Imports Dip 22.81% In First Nine Months Of 2023

Textile Insights November 10, 2023

Worldwide US imports of clothing fell to US $60.82 billion in the first nine months of the current year, declining 22.81 percent, over the same months of earlier year. Quantity wise when measured in square meter equivalent (SME), garment imports fell by 25.16 percent to 18.86 billion SME in the period between January and September […]

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Jan To Sept Chinese Textile & Apparel Exports Drop 9.2%

Textile Insights November 10, 2023

In the first three quarters of 2023, China’s exports of textiles and clothing declined 9.2 percent as against same period of earlier year to US $245.72 billion. Among these, textile shipments amounted to $112.55 billion, down 9.8 percent, while apparel shipments reached $133.16 billion, a drop of 8.7 percent year on year. For the month […]

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Uzbek Textile & Garment Exports Down 3.31% Between Jan & Sep

Textile Insights November 7, 2023

Uzbekistan exported textile and garments totaling to US $2.33 billion in the first nine months of the current year, down 3.31 percent compared to $2.41 billion in same period of previous year. Exports of textiles like yarn touched $945 million between January and September 2023, while exports of clothing and other finished textile products amounted […]

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AEPC Unveils ‘40 By 30’ Plan To Boost Indian Garment Exports

Textile Insights November 6, 2023

The Apparel Export Promotion Council of India (AEPC) has set a target of achieving US $40 billion in garment exports by 2030 “To achieve this target, the council will focus on innovation, expanding market and product basket, practice sustainability and responsible business practices,” AEPC Chairman Naren Goenka said. In a statement, Goenka said “We have […]

Export

Sri Lankan Apparel Exports Plunge 26% in Jan-Sept Period

Textile Insights November 4, 2023

The garment industry which accounts for around 45 percent of Sri Lanka’s export earnings saw apparel exports plunge 26 percent over a year ago period in the first nine months of the current year. Between January and September 2023, Sri Lankan clothing exports slipped to $3.34 billion, down 26 percent over the comparable months of […]

Export

Canadian Apparel Imports Down 7.8% between Jan & Aug

Textile Insights November 3, 2023

In the first eight months of the current year, Canadian garment imports amounted to US $8.11 billion, down 7.8 percent from a year ago period Imports from China were $2.42 billion, a year over year decline of 11.6 percent, while accounting for 29.9 percent of overall apparel imports. Between January and August this year, imports […]

Export

Oct Pak Textile Exports Post Growth First Time This Year

Textile Insights November 3, 2023

Pakistani textile exports reported a growth for the first time this year in October 2023, after nine months of decline in the current year. “Overseas shipments of textiles grew 5 percent in October 2023 to US $1.43 billion when compared with October 2022,” data released by All Pakistan Textile Mills Association (APTMA) informed. However, textile […]