Home / Knowledge / News / Textiles / Exports of textiles & clothing to US witness growth
Exports of textiles & clothing to US witness growth
25
Sep '09
In first half of the ongoing year, the exports of clothing and textiles from Egypt to the US was around $455.6 million compared to $442.3 million during corresponding period of last year.

This means a three percent increase in exports of Egyptian clothing and textile to the US despite the downfall of 14.3 percent in overall American imports, due to financial meltdown in the US.

In an attempt to penetrate American markets, Egyptian products are successfully posting increased exports in terms of value as a part of (Qualified Industrial Zones) QIZ protocol.

Irrespective of the continuous plunge in clothing and textile imports by US, clothing imports from Egypt recorded an increase of 7.6 percent. In the year 2008, Egypt was ranked 17th out of 24 in the US imports, ahead of Jordan, Hong Kong, Taiwan and Turkey, who are also signatories to the QIZ agreement.

This reveals that the American importers now prefer to buy the products from cheaper markets such as Vietnam, Bangladesh, Egypt at the expense of other major higher-cost markets such as Canada, Hong Kong, Italy, Korea Turkey, said a report.

During first six months of 2009, there was 7 percent growth in Egyptian exports of synthetic clothing. In the US market for cotton trousers and shorts for men and women, Egypt was the sixth and ninth largest exporter respectively, and has become the second largest supplier of carpets made from synthetic fibers, to the US.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Textiles | On 20th Feb 2017

IVL receives distinction for sustainability performance

Indorama Ventures Public Company Limited (IVL), one of the world’s...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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