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

Jalila Essaïdi working with cow dung to create fabrics. Courtesy: Mike Roelofs

Fashion | On 29th Aug 2016

From dung to fashion

Dutch designer Jalila Essaïdi has developed a new material using cow...

Textiles | On 29th Aug 2016

India to build China’s Keqiao like mega textiles city

NITI Aayog’s proposal to build a mega textile city on the lines of...

Apparel/Garments | On 29th Aug 2016

NRF welcomes release of online sales tax bill draft

The National Retail Federation (NRF), an apex body of US retailers,...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
August 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search