Bangladesh’s apparel industry has taken advantage of the grave Covid situation in India and the military coup in Myanmar. The apparel export orders from these countries have been shifted to Bangladesh now.
Browsing: textile exports
Pakistan’s textile export in FY21 has registered a growth of 18.9% and is currently standing at $13.7 billion. The same for May 21 registered a growth of 41.1% and is standing at $1.06 billion.
Pakistan’s textile export in FY21 has registered a growth of 18.9% and is currently standing at $13.7 billion. The same for May 21 registered a growth of 41.1% and is standing at $1.06 billion.
Pakistan’s textile export in FY21 has registered a growth of 18.9% and is currently standing at $13.7 billion. The same for May 21 registered a growth of 41.1% and is standing at $1.06 billion.
Pakistan saw 3.4 times increase in textile exports in April 2021. This growth was due to the low base effect in April 2020 when the first wave of COVID-19 affected industrial activity across the globe and in Pakistan.
According to US Census Bureau, exports from Cambodia to the US were $6.6 billion in 2020, which was 22.79% higher than that of last year. Q1 of this year saw total exports of $1.86 billion even amid stoppages.
The second wave of COVID-19 in India has adversely affected the textile sector in Tamil Nadu, especially when the export demand was high. Further, the textile hubs of Tiruppur and Coimbatore are worst affected.