Home / Knowledge / News / Textiles / Italy reinforcing its postion on local textile market
Italy reinforcing its postion on local textile market
29
Aug '08
It has been noted that the clothes and textile products from Italy are rapidly entering China Mainland, Hong Kong, Macao as well as Taiwan markets.

In August 2008, Hong Kong imported over US $4.99 worth of clothes and textile products in total. Of these, products from Italy reached $215 million, with year-on-year surge of 35 percent. Thus, Italy has now become the second biggest clothes and textile supplier of Hong Kong.

China Mainland still remains top clothes and textile supplier of Hong Kong at $4.342 billion, and a market share of nearly 88 percent. However, the figures show that China's share has shrunk 4.7 percent.

The third and fourth biggest clothes and textile suppliers of Hong Kong are France and Japan, which enjoyed market share of 1.32 and 1.12 percent respectively this month.

Fabric and yarns remained the key import products this month.

Experts say that trade has been tough this year. Thus, enterprises are concentrating of manufacturing high value-added and quality products that earn better profits.

Italy, France and other EU nations as well as Japan are world's leading major niche fashion fabric manufacturers. Therefore, its only obvious that Honk Kong companies are increasing their purchases from these regions.

Experts believe that these products will help them upgrade the quality of clothes and textile products.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 18th Feb 2017

Bangladesh apparel sector has 95% local investors: BGMEA

Over 95 per cent of the total investors in the Bangladesh apparel...

Textiles | On 18th Feb 2017

Smriti Irani resolves cutting of carpets issue at ports

During a meeting held with stake holders of the carpet weaving...

Apparel/Garments | On 18th Feb 2017

Andhra Pradesh inks MoUs to set up 12 apparel units

At the recent CII Partnership Summit held in Hyderabad, memorandum of ...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Marcel Alberts
Eurofibers

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eric Scholler
Groz-Beckert

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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