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Bangladesh Maintains Second Spot In Garment Exports

Textile Insights August 10, 2024

Bangladesh is a major player in the global garment industry and the country has maintained its position as the second largest player in the global garment trade with a 7.4 per cent market share. According to the WTO’s “World Trade Statistics 2023,” released on July 31,

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India’s T&A Exports Show Steady Growth In Q1 2024

Textile Insights August 1, 2024

The latest quick estimates released by the Ministry of Commerce & Industry reveal a promising outlook for India’s textile and apparel sectors, showcasing steady growth during the first quarter of 2024 In June 2024, exports of cotton yarn, fabrics, made-ups, and handloom products saw a modest increase of 0.92% compared to June 2023, reaching US$ […]

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Uzbekistan’s Textile Exports Fall 5.3% In H12024

Textile Insights July 25, 2024

In the first half of 2024, Uzbekistan’s textile exports reached US$ 1.5 billion, marking a 5.3% decline compared to the same period in 2023, according to the Statistics Agency. The primary components of these exports were finished goods, which accounted for 38.1% of the total, and yarn, making up 46.2%. These products were shipped to […]

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Vietnam Garment Exports Rise, Challenges Remain

July 18, 2024

The garment and textile industry anticipates robust growth in the latter half of 2024, driven by increasing orders and improving consumer demand. Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association, expressed optimism as many enterprises have secured orders for October and November. This positions them to strive towards meeting the export target […]

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India’s Textile And Apparel Exports Surge 4.08%

July 18, 2024

India’s textiles and apparel sector has shown promising growth, with exports rising by 4.08% to US$ 8.785 billion in April-June 2024. This performance comes amid a shifting global market, where India’s strategic positioning and competitive advantages are becoming more evident. Textile exports saw a 3.99% increase in the first quarter of fiscal 2024-25, while

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India’s T&C Exports: Cotton Surges, While Apparels Decline!

July 10, 2024

In the dynamic world of India’s textile and clothing (T&C) sector, the fiscal year 2023-24 has brought both challenges and opportunities. As global markets shift and consumer preferences change, India’s role in the global textile trade is closely examined. This analysis, written by Henry Dsouza, Associate Editor of Textile Insights, explores the trends that shaped […]

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Bangladesh’s Apparel Exports To EU Rise 2%, US And Germany See Declines

June 27, 2024

Bangladesh’s apparel exports to the European Union (EU) saw a modest increase of 2% year-on-year, reaching $21.64 billion in the July-May period of the fiscal year 2023-24, according to data from the Export Promotion Bureau (EPB) compiled by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). Despite this overall growth, the country’s

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Pakistan’s Textile Exports Up 1.41% In July-May FY24

June 15, 2024

Pakistan’s textile exports increased by approximately 1.41% during the first eleven months (July-May) of the fiscal year 2023-24, reaching US$ 15.24 billion compared to US$ 15.03 billion in the same period last year, according to the Pakistan Bureau of Statistics (PBS). PBS data on exports and imports revealed that the country’s exports from July to […]

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Indian Textile Exports Surge 9.59% In May 2024

June 15, 2024

Despite unfavorable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations, Indian textile exports grew by 9.59% in May 2024 compared to the previous year, according to a report by the Confederation of Indian Textile Industry (CITI). Additionally, Indian apparel exports saw an increase of 9.84% during […]

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Bangladesh’s July-April Garment Exports To New Markets Up 10%

Textile Insights May 30, 2024

In the July to April months of fiscal 2023-24, Bangladesh’s apparel exports to new markets increased 10 percent year on year and touched US $7.70 billion. Growth to new markets included Saudi Arabia with 58 percent growth, Turkey with 54 percent, UAE with 42 percent, Australia with 17.18 percent, South Korea with 14.75 percent and […]