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

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 […]

Export

Indonesia Starts Probe Into Massive Hike In Textile Imports

Textile Insights November 2, 2023

The Indonesian government has started an investigation into various imported textile products in order to safeguard the domestic industry. The Indonesian Trade Safeguard Committee (KPPI), under the Ministry of Trade has initiated the probe after the Indonesian Textile Association (API) raised the issue earlier in the year. The Ministry of Trade took into consideration the

Export

EU Clothing Imports Fall 9.6% In First Eight Months Of 2023

Textile Insights October 27, 2023

In the January to August 2023 period, European Union apparel imports dropped 9.6 percent to US $61.15 billion as compared to $67.66 billion in the first eight months of previous year. EU’s clothing imports also fell to 2.56 billion kgs in the period under review, down 14.64 percent from 3 billion kgs in the months […]

Export

Bangla Q1FY’24 Home Textile Exports Dive By 46.39%

Textile Insights October 26, 2023

In the first three months of fiscal 2024, exports of home textiles from Bangladesh dived massively by 46.39 percent over the same quarter of previous fiscal to US $189.5 million. Bangladeshi home textile exports were on the ascent since fiscal 2021, when they grew to $1.13 billion and further to $1.62 billion in fiscal 2022. […]

Export

Chinese Textile & Garment Imports Down 9.49% In Jan-Sept

Textile Insights October 23, 2023

In the first nine months of the current year, Chinese textile and garment exports declined to US $223.14 billion, down 9.49 percent as compared to $246.55 billion in the same months of the previous year. “Of this, textile exports totaled $101.92 billion during the period from January to September 2023, a drop of 10.30 percent […]

Export

TEA Tells Centre To Restrict Bangladesh Garments Imports

Textile Insights October 23, 2023

A Tirupur garment exporter’s association has sought the intervention of the centre to restrict the ever increasing import of knitted fabrics and garments from Bangladesh. Both fabrics and garments are imported from Bangladesh into India without paying any customs duty under a free trade agreement (FTA) signed between both countries. “It’s the local manufacturers who

Export

Jan To Sept Bangla Garment Exports Down To US But Up To EU

Textile Insights October 20, 2023

In the nine months to September 2023, exports of apparels to the EU rose 6.40 percent from a year ago period to $17.52 billion, but clothing exports to the US fell to $6.30 billion, down 7.18 percent. Clothing shipments to Canada increased 6.27 percent to $1.12 billion, while those to the UK climbed in double […]

Export

Pak Textile & Apparel Exports Contract 9.9% in Q1FY’24

Textile Insights October 19, 2023

In the first fiscal quarter ending September 30, 2023 Pakistani textile and garment exports contracted 9.95 percent to $4.12 billion from $4.58 billion in the same quarter of previous fiscal. “For September 2023, they shrank to $1.52 billion, down 10.88 percent as against $1.52 billion in the same month last year,” data from the Pakistan […]