Home / Knowledge / News / Apparel/Garments / Garment exports witness sliding trend
Garment exports witness sliding trend
Jan '10
This year, garment manufacturers of Myanmar are struggling to attain last year's exports value of US $385 million, owing to the continuing effects of sanctions and global recession.

Garment exports from the country to Europe have witnessed steep fall since 2004, the year when it attained heights, though demands from Japan and Korea have helped to make up the difference.

In spite of all the difficulties, garment industry of the country looks forward to export garment items of around $300 million, this year. 60 percent of these exports are meant for European countries and rest for the countries such as Japan, Korea and other customers.

Last year, $210 million out of $385 million worth of exported garments had been shipped to Europe, which is less than half of $457 million, the peak value of garments that were exported to Europe in 2004.

Over the past three years, garment exports of the country to Japan increased over two times, from more than $90 million in 2005 to $189.3 million in 2008, as per the statistics of the World Trade Atlas of Japan.

Moreover, two Japanese-owned garment factories sent applications to the Myanmar Investment Commission (MIC) for a license to start operations in Myanmar.

As per experts, local garment manufacturers of Myanmar find it difficult to make their way into the Japanese market as most of the garment products made in the country for Japan is produced by Japanese-owned factories to ensure the required quality. Japanese market is stable and good in long run although it is not profitable, added experts.

There are around 160 garment factories in the country, owned mostly by the local investors, creating jobs for more than 65,000 people.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Feb 2017

Surat to get a mega textile park, centre of excellence

The textiles ministry is positively working on the proposals for a...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: Invista

Textiles | On 27th Feb 2017

Invista explores alternatives for apparel & textile trade

Invista, one of the world's largest integrated producers of chemical...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Madhu Jain
Madhu Jain

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

Sonam & Paras Modi

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search