Home / Knowledge / News / Apparel/Garments / Garment exports improve market share to US in Q1
Garment exports improve market share to US in Q1
03
Aug '09
According to the Ministry of Industry and Trade, the garment industry is turning more and more optimistic with each passing month as orders keep on increasing in numbers leading them to place orders for their raw material requirements.

Till just a few months back lay-offs had become the order of the day, but now many companies report of carrying orders which can last them out till the end of October and some also mention that orders have gone up by 15-20 percent.

In totality, the market share of the Vietnamese garment sector, in its exports to the US has actually increased in the first quarter of 2009 to 4.74 percent from 3.4 percent in the same period of 2008 amongst all clothing imports in to the US.

In its exports to the European Union, the garment sector has been improving on the value of exports with each passing month. It has grown from around $100 million a month in March-May period to $160 million in the last month.

Clothing exporters meanwhile have also been able to penetrate the markets of the Middle East and the countries of the African continent along with making rapid strides in the markets of Japan on the strength of the recently signed free trade agreement.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

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

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Eric Scholler
Groz-Beckert

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

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...

Prathyusha Garimella
Prathyusha Garimella

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

Bani Batra

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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:
April 2017

April 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



X