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

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

Export

Global US Apparel Imports Dive 22.28% In First Seven Months

Textile Insights September 13, 2023

Overall US clothing imports dived sharply by 22.28 percent to US $45.74 billion in the first seven months of the current year, as against $58.85 billion in the comparable period of the earlier year. Imports of garments from its largest source China totaled $9.12 billion between January and July 2023, compared to $12.80 billion in […]

Export

Cambodian Garment Exports Drop 18.98% Between Jan & Aug

Textile Insights September 13, 2023

In the period between January and August 2023, Cambodian garment exports dropped 18.98 percent compared to the same period in 2022, to $5.49 billion. Of overall apparel shipments, exports of knitted garments totaled $3.63 billion in the first eight months of 2023, down 23.2 percent, compared to $4.5 billion earned for the same period last […]

Export

Pak Textile Exports Continue Downward Trend In August

Textile Insights September 12, 2023

Exports of textiles continued to remain in a downward trend in August, where they declined to US $1.48 billion, down 6 percent, when compared to $1.58 billion reported in the same month of 2022. In the period between January and August 2023, Pakistan’s textile exports dropped 19 percent year on year to $10.58 billion, provisional […]