Export

Vietnam’s Garment-Textile Exports Set To Reach US$ 44 Billion In 2024

Textile Insights December 17, 2024

Vietnam’s garment-textile exports are projected to hit US$ 44 billion in 2024, marking an 11.26% increase from 2023, according to the Vietnam Textile and Apparel Association (VITAS). Imports are estimated at US$ 25 billion, up 14.79%, resulting in a trade surplus of US$ 19 billion, a 6.93% rise

Export

Women’s Nightwear Driving 76% Of Global Market In 2023

Textile Insights December 10, 2024

The global nightwear industry is navigating a period of transformation, shaped by evolving consumer preferences and economic challenges. The emphasis on comfort and functionality is now complemented by a growing demand for sustainable and versatile options, writes Henry Dsouza, Associate Editor, Textile Insights Nightwear, including pyjamas, has transcended its traditional

Export

Tiruppur’s Apparel Exports Recover Notably With Surge In Export Orders

Textile Insights December 5, 2024

India’s textile hub, Tiruppur, is witnessing a remarkable recovery as apparel export units operate near full capacity, driven by a surge in orders from the United States and United Kingdom. The region’s 5,000 export units are now running at 95% capacity, a sharp rise from 60-65% just months ago. This growth is fueled by evolving […]

Export

Bangladesh’s Apparel Exports To EU Witness Mixed Trends In 2024

Textile Insights December 5, 2024

Bangladesh’s apparel exports to the EU rose 6.9% year-on-year in September 2024 to €1.53 billion, driven by strong knitwear demand. However, exports for January-September 2024 fell 2.47% to €13.43 billion due to sharp declines in the first quarter, according to Eurostat data. Knitwear exports dropped 5.04% to €7.93 billion, while woven garment exports rose 1.5% […]

Export

Vietnam’s T&A Industry Aims US$ 48 Billion In Exports By 2025

Textile Insights November 22, 2024

Vietnam’s T&A industry aims to achieve US$ 47-48 billion in export turnover by 2025, according to Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS). The announcement was made during a press conference hosted by the Voice of Vietnam. The ambitious target builds on the sector’s strong performance in 2024, with export […]

Export

Uzbekistan Aims To Increase Textile Exports To India

Textile Insights November 6, 2024

Uzbekistan is looking to enhance its textile exports, particularly in knitwear, to the Indian market. Ambassador Sardor Rustamboyev met with Pabitra Margherita, the Union Minister of State for External Affairs and Textiles of India, to discuss strategies for expanding this trade. The meeting was part of the preparations for Bharat Tex, a significant international

Export

Indian Apparel Exports Set To Grow 9-11% In FY25: ICRA

Textile Insights October 24, 2024

Indian apparel exporters are projected to register 9-11% revenue growth in FY25, driven by the gradual liquidation of retail inventories in key global markets and a shift in sourcing to India, according to a report by ratings agency ICRA. The recovery follows a sluggish FY24, which saw exports decline by 2% due to high retail […]

Export

Nigeria’s Textile Exports Under AGOA Remain Minimal

Textile Insights October 24, 2024

Nigeria’s textile and apparel sector contributed only 0.01% of imports to the United States under the African Growth and Opportunity Act (AGOA) in 2023, according to Melissa Jones, USAID Mission Director. Jones disclosed this at an AGOA training workshop organized by USAID and Prosper Africa to help Nigerian businesses maximize the benefits of AGOA. AGOA, […]

Export

CITI: Textile Sector Records 12.38% Growth In September

Textile Insights October 17, 2024

India’s textile and apparel industry demonstrated impressive growth in September 2024, achieving a 12.38% rise in exports compared to the same period last year, according to a report by the Confederation of Indian Textile Industry (CITI). The surge was primarily driven by apparel exports, which increased by 17.30%, underscoring the growing global demand for Indian-made

Export

Global Bedlinen Exports Decline 10.17% In 2023 Amid Rising Demand For Sustainable Bedlinen

Textile Insights October 10, 2024

The global bedlinen export market represents a significant segment within the textile industry, largely driven by the rising consumer demand for home textiles and interior décor. Over recent years, this market has seen a considerable shift, with an increasing preference for eco-friendly and sustainable products, fueling demand for organic and sustainable bedlinen. As