Home / Knowledge / News / Apparel/Garments / Sri Lankan apparel exports to US swell in Jan-Sept
Sri Lankan apparel exports to US swell in Jan-Sept
21
Nov '12
Registering a year-on-year rise of six percent, Sri Lanka exported apparels worth US$ 537 million to the US during the first quarter of the current year, a report by the Ceylon Chamber of Commerce noted.
 
However, Sri Lanka’s overall garment export earnings for the period dipped 4.3 percent year-on-year, mainly on account of waning demand from the European Union, which accounts for 50 percent of the island nation’s overall clothing exports, the report said.
 
Nearly 40 percent of Sri Lankan overall apparel exports are destined to the US. These exports are mainly classified in two categories - Harmonized System of Classification (HS), known as HS Chapter 61 and HS Chapter 62.
 
While HS Chapter 61 consists of apparel and clothing items and accessories - knitted or crocheted, HS Chapter 62 covers non-knitted or non-crocheted apparel and clothing items and accessories.
 
During the period under review, US imports under HS Chapter 61 declined by three percent year-on-year, while those under HS Chapter 62 plummeted by two percent y-o-y. However, Sri Lanka’s exports under HS Chapter 61 and HS Chapter 62 increased by six percent y-o-y and two percent y-o-y, respectively.
 
While most of the leading 15 apparel suppliers, including India and Pakistan, experienced a fall in export earnings from the US during January to September, Sri Lanka was one of the four countries that registered positive export growth alongside Vietnam, El Salvador and Jordan.
 
Apparel exports from India and Pakistan to the US fell by 18 percent y-o-y and 22 percent y-o-y, respectively, during the nine-month period.
 
Vietnam’s apparel exports to the US grew by eight percent y-o-y to US$ 3.1 billion during the review period.
 
China, however, continued to be the leading garment supplier to the US by exporting goods worth US$ 10.9 billion.
 

Fibre2fashion News Desk - India


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search