Home / Knowledge / News / Textiles / World textile trade takes a hit, exports and imports slump
World textile trade takes a hit, exports and imports slump
08
Sep '15
World export trade in textile and clothing declined by 7.32 per cent from $316.06 billion during Jan-May 2014 to $292.93 billion during Jan-May 2015, the Cotton Textiles Export Promotion Council (Texprocil) said in its Overview of Current Trade in Textiles & Clothing. The document cites figures from Global Trade Information Services, Inc. (GTIS) Geneva, a leading supplier of international merchandise trade data.

Amongst the top ten markets, Vietnam reported the highest growth of 10.04 per cent followed by Bangladesh reporting second highest growth rate of 2.17 per cent during Jan-May 2015. India reported a decline of 7.58 per cent with exports falling from $17.39 billion in Jan-May 2014 to $16.07 billion in Jan-May 2015 China being the largest exporter with $99.76 billion showed a decline of 3.91 per cent followed by Italy with 17.44 per cent.

Textiles and clothing import trade reported a decline of 7.37 per cent from $274.42 billion during Jan-May 2014 to $254.19 billion during Jan-May 2015. During the period Jan-May 2015, USA was the largest importer and recorded a growth of 3.99 per cent. In Europe, Germany, UK , France and Italy reported negative growth. Vietnam which ranked 8th on the list, recorded a growth of 2.39 per cent during Jan-May 2015. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

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

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Amrit Sethia
SOIE

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

Eric Scholler
Groz-Beckert

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

Ashok Desai
Bombay Textile Research Association

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Sanjukta Dutta
Sanjukta's Studio

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner
Devereux

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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