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Swiss-Egypt partnership to boost textile exports
Egypt’s Ministry of Trade and Industry and Switzerland recently announced scaling up collaboration to strengthen the competitiveness of Egyptian textiles and clothing producers.
Textile products export fall in Feb
Except the cotton yarn/fabs/made-ups/handloom products category, all the other categories under the textile segment reported a decline in exports in February.
Pak textile exports post dismal 0.68% growth
Pakistan’s textile and clothing exports recorded a meagre 0.68 per cent year-on-year surge to $1.139 billion in December 2018, taking the six-month (July-December FY19) exports to $6.645 billion up 0.06 per cent.
India’s apparel exports to US up 4%
India’s apparel exports to the US rose 4.3 per cent y-o-y in January 2017. Export volumes increased 8.6 per cent but export realisation fell four per cent.
Asia’s apparel export to EU on the rise
Of the total €81 billion import of clothing from 28 countries to the European Union, 77 per cent is from Asia, which is almost double of what came out of Asia just 10 years ago. In the last 10 years, clothing import from the EU grew €32 billion with €30 billion coming from Asia alone.
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