Vietnam’s garment and textile export in the first nine months this year posted the lowest growth rate for the last ten years, reported Vietnam Textile and Apparel Association (Vitas). The down growth rate has been caused by import reduction from some major markets of Vietnam where have met with economic difficulties and the Britain’s exit from the EU.
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Cotton yarn exports in India declined by 11.58 per cent in terms of value and 4.44 per cent in terms of volume during April – June this year compared to the same period last year. Cotton yarn exports to China, being the major consumer has declined. China imported 149.66 million kg of cotton yarn during the first three months of last financial year (2015-2016) and it dropped to 99.09 million kg during the same period this year. The decline in exports started in April 2014.
In a bid to promote the country’s textiles in non-traditional markets like Russia, South America and West Asia, the Government is planning to conduct roadshows in these places.
Pakistan?s exports of textile and clothing witnessed a decline of 2.64 per cent in July-August on a year-on-year basis.
American imports of women?s trousers and shorts from Kenya rose 23.5 per cent in the first half of the current year.
American imports of women?s trousers and shorts from Kenya rose 23.5 per cent in the first half of the current year.
India’s merchandise exports fell for the second consecutive month in August, going down by a marginal 0.30 per cent.