Taiwanese textile & garment exports continue to fall

According to the data, Taiwan exported $593.162 million worth of fibres during the seven-month period, which accounted for 8.05 per cent of all textile exports from the country.

Yarn exports earned $1.121 billion for Taiwan, while fabric exports fetched $4.980 billion, accounting for 15.22 per cent and 67.62 per cent share in all Taiwanese textile and apparel exports during the period under review.

Apparel exports from Taiwan were valued at $436.212 million, whereas made-ups accounted for $234.265 million.

Vietnam and China were major markets for Taiwanese textiles with these countries importing goods worth $1.451 billion and $1.391 billion, respectively, during the period under review.

Region-wise, the EU-28 nations imported $331.703 million worth of textiles and garments, accounting for 4.5 per cent share of all textile and clothing exports made by Taiwan during the period, while the US imported goods valued at $596.034 million, contributing 8.09 per cent to Taiwanese exports.

Bulk of Taiwanese textile and garment exports were destined to the neighbouring Asean region, which imported $2.656 billion worth of products, accounting for 36.07 per cent share in all Taiwanese exports.

During the same period, Taiwan's textile and clothing imports stood at $2.259 billion, registering a growth of 3.86 per cent year-on-year. Nearly half or $1.135 billion worth of imports belonged to the apparel category, whereas fibre imports accounted for $329.657 million, yarn $283.304 million, fabric $308.069 million, and made-ups $203.443 million. (RKS)

Fibre2Fashion News Desk – India