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Taiwan's textile & garment exports decline 1.54% in 2013
Mar '14
Taiwan exported textiles and apparel worth US$ 12.545 billion during the period from January 2, 2013 to January 3, 2014, showing a decrease of 1.54 percent year-on-year, according to the data from the Taiwan Textile Federation (TTF).
According to the data, Taiwan exported $1.209 billion worth of fibres during the year, which accounted for 9.64 percent of all textile exports from the country.
Yarn exports earned $2.273 billion for Taiwan, while fabric exports fetched $7.841 billion, accounting for 18.12 percent and 62.5 percent share in all Taiwanese textile and apparel exports during the 12-month period.
Apparel exports from Taiwan were valued at $782.113 million, whereas made-ups accounted for $438.469 million.
China and Vietnam were major markets for Taiwanese textiles with these countries importing goods worth $3.774 billion and $2.028 billion, respectively, during the period under review.
Region-wise, the EU-28 nations imported $623.541 million worth of textiles and garments, accounting for 4.97 percent share of all textile and clothing exports made by Taiwan during the period, while the US imported goods valued at $984.673 million, contributing 7.85 percent to Taiwanese exports.
Bulk of Taiwanese textile and garment exports were destined to the neighbouring Asean region, which imported $4.035 billion worth of products, accounting for 32.17 percent share in all Taiwanese exports.
During the same period, Taiwan’s textile and clothing imports stood at $3.596 billion, registering a decline of 1.09 percent year-on-year.
Around 45 percent or $1.627 billion worth of imports belonged to the apparel category, whereas fibre imports accounted for $689.09 million, yarn $478.177 million, fabric $509.253 million, and made-ups $292.49 million.

Fibre2fashion News Desk - India

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