Home / Knowledge / News / Apparel/Garments / Exports of clothing records marginal fall in Q1
Exports of clothing records marginal fall in Q1
06
Jun '09
Due to global financial crisis, Indonesian garment exports tumbled down by just 0.8 percent, which though resulted in a fall of textile production by around 5 percent, said the Executive Director of Textile Indonesia.

However, the domestic market experienced a growth of 25 percent in the first quarter of current year. The US, Europe and Japan are the major markets for Indonesian garments.

She further informed that exports from China, Mexico and India to the US also witnessed a downfall of almost 3 percent whereas the exports to the US from the countries such as Vietnam and Bangladesh were up.

She said that in comparison with the growth in domestic market, the fall in export was low, as 65 to 70 percent of the total textile production of the country is meant for exports while rest is for the domestic consumption.

Further she said that in the second quarter of this year, the situation would turnaround as that of in China, South Korea and Taiwan while exports to Japan and the US are expected to start recovering in the fourth quarter.

She expects that the situation will return to normal by next year i.e. in 2010.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th May 2017

Maharashtra state passes State GST bill

The Maharashtra Assembly has passed unanimously the State Goods and...

Apparel/Garments | On 24th May 2017

G-III Apparel enters into license agreement with PVH

G-III Apparel Group has entered into a multi-year license agreement...

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Eamonn Tighe
Nature Works LLC

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Wendell Rodricks
Wendell Rodricks

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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

news category


Related Categories:
May 2017

May 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