Home / Knowledge / News / Textiles / Textile & garment exports on a steady course
Textile & garment exports on a steady course
08
Sep '08
The textile industry in Malaysia was a cottage industry until recent times. Then Singapore implemented increases of over 200% in the minimum wage for textile workers over the course of 15 years, and companies began to relocate across to Malaysia.

The textile and apparel industry of Malaysia is ranked as the country's fourth largest export earner. The workforce of 150,000 employees ranks it as the second largest source of employment in the country.

The garment industry though is dependent more on contract manufacturing and has not been able to create brands of its own. But the industry even after the elimination of quotas in January 2005 has adjusted well to the changed dynamic environment and has been able to make rapid progress.

Exports from the Malaysian textile and garment industry as a whole grew by 5.4 percent in 2007 in reaching US $3.01 billion in comparison to $2.86 billion in 2006. Shipments from the textile industry rose from $1.50 billion to $1.55 billion to post a growth of 3.45 percent, while exports from the garment industry ascended from $1.36 billion to 1.46 billion to clock a growth of 7.44 percent.

The main textile products which significantly contributed to the growth were woven fabrics other than cotton which augmented from just $2.17 million to $8.19 million to generate a growth of a fantastic 276 percent in the period under review.

Exports of floor coverings like carpets and rugs also registered a considerable gain of 81.97 percent to increase from $21.78 million to $39.64 million and that of knitted/crocheted fabrics and made-up articles of textiles climbed by 32.83 and 31.98 percent respectively in the same period.

Likewise products of the garment industry too contributed to the growth story. Shipments of women's clothing (not knitted/crocheted) increased from $166.05 million to $193.01 million to garner a growth of 16.23 percent.

Similarly, garments from other textile apparels climbed from $427.53 million to $487.78 million to seize a growth of 14.09 percent. Women's clothing of knitted/crocheted also contributed by growing by 11.15 percent.

But here again as there were goods with a positive growth, there were products which too had a negative growth rate. Among the main goods which posted negative growth rates were articles of clothing accessories which dropped from $45.92 million to $29.58 million to post a de-growth of 35.58 percent.

In the same manner shipments of synthetic fibres fell from $78.69 million to $70.85 million to register a negative growth rate of 9.96 percent.

Overall it can be said that the Malaysian textile and garment industry is doing quite well for itself, but compared to its Asian neighbours like Vietnam and Bangladesh, there is still tremondous scope for increasing the growth rates and thereby taking the industry to the next level.

Click here to view detailed statistics

Fibre2fashion News Desk - India


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

India’s garment imports from Bangladesh up 56% post-GST

Apparel/Garments | On 12th Dec 2017

India’s garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from...

Courtesy: Badger Sportswear

Apparel/Garments | On 12th Dec 2017

Badger Sportswear acquires Alleson Athletic

Badger Sportswear, a leading manufacturer of athletic apparel and...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Urmil Arya

Sushila International, a well established textile organisation established ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silke Brand-Kirsch
Schlegel und Partner

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

Larry L Kinn
Suominen Corporation

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Madhu Jain
Madhu Jain

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth 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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search