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

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Bani Batra

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

Judy Frater
Somaiya Kala Vidya

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

July 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

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

Yes No

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

Yes No

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


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



X