Taiwan's textile & garment exports down 1% in Jan-Nov'13

20 Feb '14

2 min read

Taiwan exported textiles and apparel worth US$ 11.7 billion during the period from January 2, 2013 to December 2, 2013, showing a decrease of 1.01 percent year-on-year, according to the data from the Taiwan Textile Federation (TTF).

According to the data, Taiwan exported $1.134 billion worth of fibres during the period under discussion, which made up 9.7 percent of all textile exports from the country.

Yarn exports earned $2.124 billion for Taiwan, while fabric exports fetched $7.317 billion, accounting for 18.16 percent and 62.55 percent share in all Taiwanese textile and apparel exports during the 11-month period.

Apparel exports from Taiwan were valued at $715.864 million, whereas made-ups accounted for $407.432 million.

China and Vietnam were major markets for Taiwanese textiles with these countries importing goods worth $2.529 billion and $1.912 billion, respectively, during the period under review.

Region-wise, the EU-28 nations imported $575.55 million worth of textiles and garments, accounting for 4.92 percent share of all textile and clothing exports made by Taiwan during the period, while the US imported goods valued at $904.782 million, contributing 7.73 percent to Taiwanese exports.

Bulk of Taiwanese textile and garment exports were destined to the neighbouring Asean region, which imported $3.768 billion worth of products, accounting for 32.21 percent share in all Taiwanese exports.

During the same period, Taiwan’s textile and clothing imports stood at $3.304 billion, registering a decline of 0.48 percent year-on-year.

Around 45 percent or $1.494 billion worth of imports belonged to the apparel category, whereas fibre imports accounted for $629.75 million, yarn $440.558 million, fabric $471.448 million, and made-ups $267.846 million.

Fibre2fashion News Desk - India

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