Export

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

Export

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

Export

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 […]

Export

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 […]

Export

Vietnamese Garment Export Orders Increase In Second Quarter

Textile Insights May 29, 2024

Since the beginning of this year and especially in the second quarter, Vietnamese garment exporters are being flooded with orders resulting in few companies recruiting new workers or working overtime. Export orders at garment enterprises in Ho Chi Minh City increased sharply, with some enterprises increasing more than 20 percent over the same period last […]

Export

Volume Of US Apparel Imports Rebound In First Quarter Of 2024

Textile Insights May 29, 2024

In the first quarter of 2024, volume of US apparel imports began to rebound, however value of garment imports continued to decline but varied in case of origin of imports. In the first three months of 2024, US clothing imports from Bangladesh fell 12 percent year-on-year. But while cotton clothing imports remained stable, manmade fibre […]

Export

Bangladesh Hardly Utilising Regional Export Trade Potential

Textile Insights May 29, 2024

Bangladesh is hardly utilising its regional trade potential as less than 5 percent of its total exports go to India and China, countries that are members of the Association of Southeast Asian Nations (ASEAN). “Bangladeshi exports to China and India stood at $4.05 billion in 2020, but even in 2022 Bangladesh could export only $2.64 […]

Export

Uzbek Textile & Apparel Exports Cross $1bn Mark In Jan-April

Textile Insights May 27, 2024

In the first four months of the ongoing year, textile and apparel exports crossed the US $1 billion mark and increased 1.4 percent over the same period of previous year. Of total textile and garment exports, yarn accounted for 46.8 percent, while finished textile products accounted for 37.3 percent with 495 types of textile and […]

Export

Vietnamese Imports Of Cotton, Yarn & Fabrics Up In April

Textile Insights May 27, 2024

In April, Vietnamese imports of cotton, yarn and fabrics recorded an increase, which indicates a revival of the textile and garment sector in the country. “Vietnam imported 132,900 tons of cotton in April 2024, a growth of 7 percent over the same month of previous year,” statistics of Vietnamese Customs informed. The major countries from […]