Home / Knowledge / News / Apparel/Garments / Apparel & textile imports surge significantly
Apparel & textile imports surge significantly
22
Feb '08
The US has earned a reputation for being the largest importer of apparel and this was proved once again by the trade results of 2007.

The country imported apparel goods worth US $73.9 billion, most of which came from Asian countries.

While the total imports of apparel and textile made by the US stood at $96.4 billion in 2007, it marked an increase compared to the $93.3 billion of the year before.

China's market share in the garment sector saw a rise to 30.77 percent while in totality, the figures reached $22.74 billion.

In terms of percentage, both Indonesia and Vietnam had higher market share in the apparel sector accounting for 5.4 and 5.9 percent respectively, against the 4.3 percent of India.

Apparel exports from Pakistan also saw a rise to $1.5 billion in 2007 from $1.4 billion of 2006. Even Sri Lanka, made garment exports worth $1.6 billion. At the same time, Bangladesh saw its apparel exports rise to touch $3.1 billion in 2007, while its market share has gone up to 4.2 percent.

On the other hand, Turkey saw a drop to $559.2 million in 2007 against $726.1 million of 2006.

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

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

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Eamonn Tighe
Nature Works LLC

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Jay Ramrakhiani
Occasions Elegance Wear

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search