Home / Knowledge / News / Apparel/Garments / Shipments of T-shirts tops in basket of garment exports

Shipments of T-shirts tops in basket of garment exports

29
Sep '08
Honduras is a signatory to the CAFTA-DR agreement, due to which it has free access to the biggest market on the globe: the US, though it has not been able to take advantage to the maximum of opportunities available to it.

Growth in shipments of apparels has been very nominal. Exports which stood at US $1.15 billion in the first six months of 2006, rose to just $1.18 billion in the corresponding period of 2007 to post a growth of a marginal 2.5 percent.

The current year's scenario for the same period is also is not so worthy of note. Shipments have grown to $1.22 billion and have been able to generate a growth of 3.02 percent in comparison to figures of January-June 2007.

Within the six month period, three months February, April and June have recorded positive growth rates while on the other hand the months of January, March and may witnessed negative growth rates.

The month with the highest growth rate has been the month of April which witnessed a growth of 16.41 percent. Exports for that month climbed to $213.5 million from $183.4 million in the same month of last year.

One thing that comes across while delving through the statistics is that units (Number of garments) shipped is going up at a very healthy percentage. While in 2006, exports stood at 66,193,901 dozens, the same ascended to 71,384,902 dozens in the first six months to gain by 7.84 percent.

It was more exceptional in the first six months of the current year. Shipments jumped to 80,497,871 dozens to post a growth of an amazing 12.77 percent. If a comparison in value wise and volume wise is done, it would be safe to conclude that price realization per unit is going down with each passing year.

Exports of T-shirts stand first in terms of volume with 288,182,056 dozens. Socks with 207,091,559 dozens and undergarments with 203,147,203 dozens came in third in the period under review.

Majority of Honduran garment export is dependent on the US for its existence and it has also emerged as the biggest exporter to the US with a near 1/3rd share of all exports from amongst countries signatories to the CAFTA-DR agreement.

Click here to view detailed statistics.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 4th Aug 2020

India widens scope of credit guarantee scheme for MSMEs

India last week widened the scope of the ₹3-lakh crore credit...

Pic: IndianOil

Textiles | On 4th Aug 2020

IndianOil to set up ₹13,805 cr PX-PTA complex at Paradip

The board of Indian Oil Corporation Ltd (commonly known as IndianOil) ...

Pic: Shutterstock

Apparel/Garments | On 4th Aug 2020

EVFTA fabric origin rule a challenge for Vietnamese firms

Despite the European Union (EU)-Vietnam Free Trade Agreement (EVFTA), ...

Interviews View All

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Smith Vaghasia, Sanado India

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Marazban F Velati, Sutlej Textiles & Industries limited

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Hardik Sanghvi,

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Liz Manning,

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Ashok Desai, Bombay Textile Research Association

Ashok Desai
Bombay Textile Research Association

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

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

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

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

Leave your Comments


July 2020

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


Advanced Search