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Sri Lanka: To enhance exports, raw material production needs boost

Sri Lanka: To enhance exports, raw material production needs boost

"Considered an alternative to Indian garment industry, Sri Lankan apparel industry has seen tough times of late. However, it still accounts for over 46 per cent of Sri Lanka’s total exports and generates the highest industrial employment opportunities to over 300,000 directly and 600,000 indirectly, which include... Read more

Asia dominates as shipment destination for textile machinery: ITMF

Asia dominates as shipment destination for textile machinery: ITMF

"Global shipments of electronic flat knitting machines soared by 99 per cent in 2016.Asia received the highest share of shipments, at 94 per cent. China remained by far the world’s largest investor for flat knitting machines in 2016 with Chinese investments having a global share of 73 per cent, according to The 3... Read more

India’s cotton woven fabric import witnessing decline

India’s cotton woven fabric import witnessing decline

"India's import of cotton woven fabrics has been moving south over the years. Cotton woven fabric imports during 2016-17 (provisional) at $133.46 million, is 18 per cent lower than in the previous year. Imports especially fell significantly from 2014-15. In that year, at $189 million imports were 28.71 per cent lower t... Read more

Hong Kong reclaiming its stake in the global textile canvas

Hong Kong reclaiming its stake in the global textile canvas

"A well-known supplier of quality dyed and printed fabrics, and famous for ODM (Original Design Manufacturer) and OEM (Original Equipment Manufacturer) products, Hong Kong has had a special place in the global textile map. However, owing to economic uncertainties, the country seems to be losing focus. The surge in cost... Read more

US textile on rebound mode, trade deals to help push growth

US textile on rebound mode, trade deals to help push growth

"In 2016, production of US man-made fibre and filament, textiles, and apparel shipments was nearly $75 billion, an 11 per cent increase from 2009, according to the National Council of Textile Organizations, which recently released its ‘2017 State of the Industry Address’. It has been a fairly stable and str... Read more

India’s cotton spinning production to witness a downturn

India’s cotton spinning production to witness a downturn

"Withstanding price pressures, Cotton spinners in India are resorting to production cuts in the current financial year to sustain profit margins. Experts estimate an average production cut of 15 per cent for fiscal 2017-18, if the current scenario continues. A recent study by Care Ratings estimates India's cotton yarn ... Read more

More policy backing needed to push up India’s apparel export capabilit…

More policy backing needed to push up India’s apparel export capabilities

"While the government is pushing hard to make India a preferred global destination for investment, exports is an area which still needs to grab the attention of the powers that be. Till August 2016, India’s exports had declined continuously for 18 months. There seems to be relief post August with exports starting... Read more

Indian cotton yarn exporters hoping for demand revival

Indian cotton yarn exporters hoping for demand revival

"Indian exporters are hoping for a revival in cotton yarn exports as Chinese cotton auction started at a 25 per cent premium over the prevailing fibre rate in India. Despite robust demand from Bangladesh, overall cotton yarn exports remained under pressure during the current financial year due to sluggish demand from C... Read more

Global yarn production witnessed an upsurge in Q3-2016

Global yarn production witnessed an upsurge in Q3-2016

"Q3-2016 saw a rise in global yarn production on a quarter-on- quarter basis. Thereby, output in Asia and South America rose. However, in Europe and the US, yarn production fell. On an annual basis, global yarn production in Q3-2016 increased versus Q3-2015. Global yarn stocks climbed in Q3-2016. Yarn stocks reduced in... Read more

Union Budget 2017-18 gets a thumbs up from textile industry

Union Budget 2017-18 gets a thumbs up from textile industry

"Though a marginal increase, yet the entire textile industry is in support of the measures allotted by the FM Arun Jaitley in the Union Budget. Total budget allocation for the textile ministry is Rs 6,226.5 crores for fiscal 2017-18 against last year’s revised allocation of Rs 6,286.1 crores. Budgetary allocation... Read more

CCI projects promising cotton outlook for 2017

CCI projects promising cotton outlook for 2017

"Year 2017 turns out to be good for cotton with future prices rising 10 per cent or so in the last two weeks on renewed hope of buying as the impact of demonetisation recedes, on fears of supply shortage and procurement support from the Cotton Corporation of India (CCI). Globally, cotton traded firm in the first half o... Read more

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Pakistan, Turkey move toward FTA

Pakistan and Turkey are in discussions for a FTA. This will enable both countries to improve th... Read more

Pak exports dip slightly

Pakistan’s textile and clothing exports in July to April showed a nominal decline in expo... Read more

Kenya’s apparel exports to US fall

Uncertainty around the US general elections likely cut Kenya’s apparel exports by 2.3 per... Read more

Bangladesh garment exports to US fall

Bangladesh’s exports of garments to the United States and the United Kingdom have decreas... Read more

US cotton output up 12 per cent

US cotton output this year is forecast at nearly 12 per cent above the final 2016 estimate.Area... Read more

Laos’ trade with Asean swells

Laos’ trade value with China and the other nine Asean countries is increasing. Laos&rsquo... Read more

India cuts textile and garment exports target to $45 billion

The government has trimmed the textile and clothing export target to $45 billion for the curren... Read more

Path to EU widened for Vietnamese garments-textiles

To make use of opportunities offered by the pact, experts suggested local enterprises prepare t... Read more

Vietnam’s export earnings up 12 per cent

Vietnam’s earnings from garment and textile exports in the first quarter of 2017 rose 12.... Read more

EU-Vietnam FTA to cut tariff to zero

The EU-Vietnam FTA is expected to be activated in early 2018. In anticipation of this, Europea... Read more

India’s March spun yarn exports decline

India’s spun yarn exports in March 2017 declined 47.6 per cent in volume terms and 39.3 p... Read more

Bangladesh: Garment exports up two per cent

Bangladesh’s garment exports rose two per cent over exports in 2015-16. Kintwear shipment... Read more

India’s apparel exports to the US up 0.8 per cent

India’s apparel exports to the US grew 0.8 per cent y-o-y in March 2017. India is the fif... Read more

Turkish exports to Russia decline

Turkey’s exports to Russia declined to $1.4 billion in the first three months of 2014 fro... Read more

India’s cotton area may rise seven per cent this cotton season

India’s cotton area is forecast to increase by seven per cent in 2017-18. Assuming yield ... Read more

Kenya unsure about AGOA and apparel exports to the US

The volume of Kenyan apparels shipped to the US under the African Growth and Opportunity Act de... Read more

Pakistan: Textile exports record 6.2 per cent rise

As per latest figures from the Pakistan Bureau of Statistics (PBS), there has been 6.2 per cent... Read more

Brazilian textile export to Arab region up 87per cent

The Arab Brazilian Chamber of Commerce (ABCC) says Brazilian exports of textiles and clothing t... Read more

Bangladesh’s apparel exports to non traditional markets dip

Bangladesh’s apparel exports to nontraditional markets declined sharply in the third quar... Read more

Bangladesh’s exports earnings up three per cent

Bangladesh’s export earnings grew 3.97 per cent year-on-year from July to March period of... Read more

One per cent rise in cotton production likely

World cotton production is forecast to grow by one per cent in 2017-18. Global consumption may ... Read more

EU’s apparel imports on the rise

Apparel imports by the EU were up 0.22 per cent in December 2016. Full year imports reflect a r... Read more

British Fashion Council launches high end manufacturers’ database

Caroline Rush CBE, CEO of the British Fashion Council and Professor Christopher Moore, Director... Read more

Vietnam partners with Thailand

Vietnam is looking for cooperation with Thailand in the areas of textiles, design and administr... Read more

Respite for spinning mills

Spinning mills in south India can expect stable cotton prices and supplies. The cotton producti... Read more

Laos gets Japanese capital

Some 57 garment factories in Laos produce clothing for exports, 28 factories produce clothes fo... Read more

Bangladesh’s denim exports to US falter

Bangladesh’s denim shipments to the US have remained stagnant for the last seven years. A... Read more

Pakistan’s textile exports dip in the current fiscal

Pakistan’s textile exports fell 1.74 per cent in the first eight months of the current fi... Read more

Cambodia’s exports up 18 per cent

Cambodia’s exports grew 18 per cent in 2016 while imports went up 16 per cent. The Europe... Read more

Indian garment exports up three per cent

Readymade garment exports from India (knitwear and woven) between April 1, 2016, and February 2... Read more

India’s apparel exports inch up one per cent in fiscal 2017

India’s fabric production grew two per cent in the first half of financial year 2017. And... Read more

India’s February exports up 17 per cent

India's exports in February 2017 grew 17.48 per cent compared to February 2016. However, import... Read more

Bangladesh looks for new markets for its garment products

Bangladesh’s garment exports to non-traditional markets increased 3.4 per cent year-on-ye... Read more

Indian wool exports down 15 per cent

Between April 2016 and January 2017, India’s exports of wool and wool blends fell 18 per ... Read more

New U.S. tax BAT to impact Vietnam exports

Vietnam’s exports to the United States might be impacted at least in the short term if Am... Read more

Vietnam imports more cotton this year

During February, Vietnam Customs recorded imports of raw cotton to the tune of 118,446 tonnes, ... Read more

Trump’s pressurizes India to cut export subsidies

The 2017 Trade Policy Agenda unveiled by the Trump administration indicates that it is not goin... Read more

India’s January exports up four per cent

India’s apparel exports to the US rose 4.3 per cent y-o-y in January 2017. Export volumes... Read more

Bangladesh’s export earnings decline four per cent in February

Bangladesh’s export earnings declined 4.49 per cent year-on-year in February. Receipts fo... Read more

US retail sales up six per cent, apparel sales on the rise

On a 12-month smoothed basis, retail sales in the US rose by 6.2 per cent. This was the biggest... Read more

Pakistan’s value-added textile exports up in fiscal 2016-17

Exports of the value-added textile sector in Pakistan rose in the first seven months of the fis... Read more

Pakistan garment exports up four per cent

During the July-January period of 2016-17 Pakistan’s exports of bed wear rose 5.07 per ce... Read more

US-Bangladesh bilateral trade decline

Bilateral trade in goods between Bangladesh and the United States declined slightly in the last... Read more

Bangladesh’s apparel exports to the US down 1.96 per cent

Bangladesh’s apparel exports to the US, its single largest destination, have declined 1.9... Read more

Vietnam’s export turnover up 8 per cent

Last year, Vietnam’s total export turnover was 8.6 per cent higher than the previous year... Read more

Pakistan’s garment exports up five per cent

During the first six months of the current financial year, Pakistan’s exports of readymad... Read more

India’s December apparel exports down 4 per cent

India’s apparel exports to the US fell by 4.8 per cent y-o-y in December 2016.Despite a d... Read more

Bangladesh’s garment exports up 3.05 per cent y-o-y

Bangladesh’s export earnings for the first seven months of fiscal 2016-17 went up 4.36 pe... Read more

Pakistan: Textile exports fal 1.65 per cent in the first half of this fisca…

Despite an improvement in export earnings from value-added sector, textile exports from Pakista... Read more

Bangladesh’s exports to Germany will keep on growing. German Traders

Bangladesh’s garment exports to Germany will continue to grow in future due to the high q... Read more

Khadi sales up 29 per cent in Maharashtra

Khadi sales have tripled until December across Maharashtra. The stat government has appealed to... Read more