Home / Knowledge / News / Apparel/Garments / Exports of clothing scratches bottom in March
Exports of clothing scratches bottom in March
20
May '09
On one hand, the further contraction in exports of textiles and garments in China has been halted in March and April, on the other; Cambodia is witnessing a worsening situation, with each passing month.

Exports which had fallen by 19 percent in January further fell to 23 percent in February and crashed by 60 percent in January, when compared with the same months of the previous year.

Overall textile and apparel shipments dropped by an awesome 35 percent in the first quarter of 2009, with US leading the crash with a dip of 47 percent, EU down by 22 percent and that to Canada by 21 percent.

The only saving grace, in an otherwise dismal record was that exports to Japan grew by 14 percent and those to the Middle East and Russian markets grew by a tremendous 61 percent, which depicts, development of new markets.

Experts aver that, exports have reached the bottom and from now onwards it can only improve rather then contract further as the sector continues to enjoy the benefits of a low cost manufacturing base.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Paolo Ocleppo
Sandvik Hyperion

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

Johan Berlin
InvestKonsult Sweden AB

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

Eamonn Tighe
Nature Works LLC

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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