Export

Cambodia Apparel Exports Drop 17.4% Between Jan & Sept

Textile Insights October 13, 2023

In the period between January and September 2023, apparel exports from Cambodia slid to US $5.92 billion, down 17.4 percent when compared with $7.17 billion in the same period of 2022. Of this, exports of knitted clothing amounted to $4.14 billion in the review period as against $5.11 billion

Export

Indian Exporters To Get Automatic ‘Status Holder’ Certificates

Textile Insights October 11, 2023

Union Minister of Commerce & Industry and Textiles Piyush Goyal unveiled an initiative to issue system based automatic ‘Status Holder’ certificates under the Foreign Trade Policy (FTP) 2023. The exporter will not be required to apply to the office of Directorate General of Foreign Trade (DGFT) for a status certificate. The export recognition will be […]

Export

Iranian Textile & Garment Exports Up 6% In H1FY’24

Textile Insights October 10, 2023

Iranian exports of textiles and clothing increased 6 percent year on year to US $368 million in the first six months of the Iranian calendar year ending September 22, 2023. Iran exported textiles and garments totaling to $345 million in the comparable period of the pervious Iranian calendar year. This was informed by Mohsen Gorji, […]

Export

Bangladesh Garment Exports Rise 13% in Q1FY’24

Textile Insights October 9, 2023

Bangladesh garment exports rose 13.07 percent year on year in the first fiscal quarter ending September 30, 2023 and totaled to US $11.61 billion. Of overall apparel exports between July and September, knitwear shipments reached $6.76 billion, a rise of 19.70 percent year-over-year, while woven garment exports grew slower at $4.85 billion, up 4.97 percent. […]

Export

Bangla Clothing Exports Up 13.07% In Q1FY’24

Textile Insights October 2, 2023

Bangladesh apparel exports increased to $11.61 billion in the first quarter of fiscal 2023-24, up 13.07 percent over $10.27 billion recorded in the comparable quarter of fiscal 2022-23. Data from the Export Promotion Bureau revealed that of overall garment exports, knitwear exports expanded 19.70 percent year on year to $6.76 billion in the July to […]

Export

Pak Textile Exports Slip 9.49% Between July & Aug

Textile Insights September 30, 2023

Pakistani textile exports slipped 9.49 percent year on year in the months between July and August 2023 to touch $2.76 billion as against $3.05 billion during the same months of earlier year. Textile exports for the month of August alone reached $1.45 billion, up 10.95 percent over July 2023, when it stood at $1.31 billion, […]

Export

US Will Consider Duty Free Access for Bangladesh Garments

Textile Insights September 29, 2023

At the seventh US-Bangladesh Trade Investment Cooperation Forum Agreement (TICFA) meeting held in Dhaka, the US said it will consider including Bangladesh’s garment exports in a new GSP programme. Apparel products included in the programme will have duty-free access to the US market as against 15 percent duty currently paid by Bangladeshi clothing exporters. The […]

Export

Indian Garment Exports Slip 8.15% In August 2023

Textile Insights September 18, 2023

Indian garment exports slipped to US $1.13 billion in August 2023, down 8.15 percent as against $1.23 billion recorded in the same month of previous year. In the first five months of current fiscal ending March 31, 2024, clothing exports fell to $5.96 billion, a drop of 15.98 percent compared to $7.10 billion in the […]

Export

Innovation Key To Achieve $100bn Bangla Garment Export Target

Textile Insights September 18, 2023

At a seminar, Bangladesh garment industry and exporters and experts were of the opinion that innovation was the key to Bangladesh apparel exports touching the $100 billion mark by 2030. The Textile Today Innovation Hub and CEMS-Global jointly organised the seminar which was held concurrently with the 22nd Textech Bangladesh 2023 International Expo which was […]

Export

Asian Countries Risk Losing $65bn In Apparel Exports

Textile Insights September 14, 2023

A new study by Cornell University’s Global Labour Institute (GLI) and Schroders, reveals extreme heat and flooding are threatening key apparel production hubs. “Four countries vital for fashion production like Bangladesh, Cambodia, Pakistan and Vietnam risk missing out on $65 billion in export earnings and almost one million new jobs,” the study said. The collaboration