Home / Knowledge / News / Apparel/Garments / Philippine garment exports increase 14.7% in Jan-Oct '14
Philippine garment exports increase 14.7% in Jan-Oct '14
19
Dec '14
The exports of apparel and accessories from Philippines grew by 14.7 per cent to US$ 1.557 billion in the first ten months of 2014, compared to exports of $1.357 billion made during the corresponding period of last year, data from the Industry and Trade Statistics Department, under the Philippine Statistics Authority, showed.
 
In the month of October 2014, articles of garment and clothing accessories earned $149.973 million in export receipts for the Philippines, showing a drop of 7.5 per cent year-on-year.
 
From January to October 2014, the Philippines exported textile yarns and fabrics worth $212.595 million, recording a surge of 31 per cent over exports of $162.313 million made during the same period in 2013.
 
Meanwhile, the imports of cotton by the Philippines from January to September 2014, for which the data is available, dropped slightly by 0.3 per cent to $16.299 million, as against the imports of $16.345 million made during the first nine months of last year.
 
The import of synthetic fibres fell drastically by 29.7 per cent during the nine-month period, compared to imports of $70.635 million in corresponding period of 2013.
 
On the other hand, the import of textile yarn, fabrics and made-up articles amounted to $542.185 million in January-September 2014, showing a jump of 5 per cent over $516.302 million worth of imports registered in same months of the previous year.
 
The import of garments and clothing accessories during the nine-month period also rose by 12.9 per cent to $222.659 million, as the corresponding figure in 2013 was $197.271 million.
 
In 2013, Philippine apparel and clothing accessories exports declined by 0.66 per cent year-on-year to $1.562 billion, while its textile yarn and fabric exports grew by 0.75 per cent to $171.633 million. During the year, imports of textile yarn, fabric and made-up articles increased by 9.1 per cent to $695.404 million. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Anupam Arya

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

Paolo Ocleppo
Sandvik Hyperion

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

Ashok Desai
Bombay Textile Research Association

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

Eamonn Tighe
Nature Works LLC

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

Leave your Comments


April 2018

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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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