Home / Knowledge / News / Apparel/Garments / Philippine apparel exports grow 3.96% in Q1
Philippine apparel exports grow 3.96% in Q1
21
May '14
The exports of apparel and accessories from Philippines grew by 3.96 percent to US$ 433.527 million in the first three months of 2014, compared to exports of $417.008 million made during the corresponding period of last year, data from the National Statistics Office, under the Philippine Statistics Authority, showed.
 
In the month of March 2014, articles of apparel and clothing accessories earned $165.91 million in export receipts for the Philippines, growing at 5.6 percent year-on-year. During the month, garments and accessories were the tenth-largest foreign exchange earner for the Philippines.
 
From January to March 2014, the Philippines exported textile yarns and fabrics worth $56.278 million, recording an increase of 23.01 percent over exports of $45.752 million made during the same period in 2013.
 
Meanwhile, the imports of cotton by the Philippines from January to February 2014, for which the data is available, dropped by a sharp 53.78 percent to $1.652 million, as against the imports of $3.574 million made during the first two months of last year.
 
However, the import of synthetic fibres shot up by 40.44 percent to $10.303 million during the two-month period, compared to imports of $7.336 million in corresponding period of 2013.
 
Like-wise, the import of textile yarn, fabrics and made-up articles amounted to $115.888 million in January-February 2014, showing a jump of 17.97 percent over $98.234 million registered in same months of the previous year.
 
The import of garments and clothing accessories during the two-month period also rose by 21.2 percent to $52.156 million, while the corresponding figure in 2013 was $43.032 million.
 
In 2013, Philippine apparel and clothing accessories exports declined by 0.66 percent year-on-year to $1.562 billion, while its textile yarn and fabric grew by 0.75 percent to $171.633 million. During the year, imports of textile yarn, fabric and made-up articles increased by 9.1 percent to $695.404 million.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 29th Mar 2017

Indonesian garment exports to remain stable in 2017: API

Garment exports from Indonesia are likely to remain stable this year...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Myanmar CMP garment exports to touch $2.2bn in 2017

Cutting, making and packaging (CMP) garment exports from Myanmar are...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Eamonn Tighe
Nature Works LLC

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search