>>
Home / Knowledge / News / Textiles / Global financial gloom hurts carpet exports

Global financial gloom hurts carpet exports

13
Dec '08
It seems that demon of global recession has been able to swallow Afghanistan as well.

This is quite evident from the fact that carpet exports from Afghanistan have fallen by 50 percent in the last month.

According to the Export Development Department of Afghanistan, 65 percent of country's total exports and 90 percent of its carpet exports reaches to international markets via Pakistan. Now, Pakistani Rupee has depreciated against US Dollar by 22 percent, creating difficulty for the Afghani exporters.

Afghani carpets worth US $70 million, that accounts of mere 10 percent of the total produce are sold as 'Afghan' on the international markets. The rest are sold in Pakistan's name, bringing more than $250 million into Afghanistan per annum.

Market experts are of the opinion with the deteriorating situation, most of the carpet weavers are turning to other occupations, and if the current scenario persists for a longer period, it is quite possible that the carpet industry will slumber very soon.

In the Meanwhile the Export Development Department is trying hard to find a solution for this problem, and expand the carpet industry in the country.


Must ReadView All

Pic: Shutterstock

Textiles | On 18th May 2022

GDP up 0.3% in euro area, 0.4% in EU in Q1 2022 over Q4 2021 figures

In the first quarter (Q1) of 2022, seasonally adjusted GDP increased...

Pic: Shutterstock

Textiles | On 18th May 2022

$1.3 bn spent to aid Cambodia’s industrial development policy

The implementation of the Cambodia Industrial Development Policy,...

Pic: Shutterstock

Retail | On 18th May 2022

US clothing retail sales up 11.2% YoY in April 2022: NRF

Consumers accustomed to inflation continued to spend in April as...

Interviews View All

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

Textile Industry, Head honchos

Textile Industry
Head honchos

Hopeful that issue will be resolved by first half of 2022

Dennis Valle,

Dennis Valle

Corneliani was set up in the 1930s thanks to the visionary entrepreneurial ...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Susanna Koelblin,

Susanna Koelblin

Founded in 1920, Eastman is a global specialty materials company that...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Samant Chauhan, Label Samant Chauhan

Samant Chauhan
Label Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Bav Tailor, Label Bav Tailor

Bav Tailor
Label Bav Tailor

Born in London and Indian by origin, <b>Bav Tailor </b>is the Founder of...

Teodora Mitrovska, Label - T*MITROVSKA

Teodora Mitrovska
Label - T*MITROVSKA

T*MITROVSKA is a highly conceptual London-based brand playing with...

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

ESTEEMED CLIENTS

Abit
Asos
Woolmark Services India Pvt. Ltd.
Esprit Europe Services GmbH
GHCL LIMITED
Recron Polyester from Reliance Industries Limited
Haelixa AG
ITMA Services Pte Ltd
Permoda(Koaj/Armi/Pronto/Bkul)
USTER
Colours India Inc
NV Michel Van de Wiele
Kornit Digital Asia Pacific Ltd
Splash
Newtech Textile Technology Development (Shanghai) Company Limited
LC Waikiki
IFF Media Ag - International Media Services
H. Stoll AG & Company KG
Infor (Hong Kong) Limited
EPCH
The LYCRA Company Singapore  Pte. Ltd
Green Fibre
Calvin Klein
Tchibo GmbH
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Puma
Mayer & Cie. GmbH & Co. KG
G.A.S. unternehmenskommunikation gmbh
N9 World Technologies Private Limited
Messe Frankfurt Exhibition GmbH
Grasim Industries Limited
Reiter India Private Limited
Zünd Systemtechnik AG
Groz-Beckert KG
Kern – Liebers Textile
Aleph Srl
KIABI
Lottmann Communications
Rayonese Textile Inc., Division de Culp Inc.
PVH Corporation
Alix Partners
TESTEX AG, Swiss Textile Testing Institute
CGS Inc.
Loris Bellini S.r.l.
K AND D ITMACH EXPOSITIONS LLP
Flainox S.r.l.
Sainsbury's Argos Asia Limited
Tradewind International Servicing
Thai Acrylic Fibre Company Limited
Brandix Lanka Limited
Pt. Peraga Nusantara Jaya Sakti
Lenzing Aktiengesellschaft
Messe Duesseldorf
Tory Burch Hong Kong Ltd
Shima Seiki Mfg. Ltd.
Meera Dyestuff Industries
Desigual - ABASIC, S.A.
Chori Company Limited
Bluesign Technologies Ag
Huntsman (Singapore) Pte Ltd
Color Service s.r.l.
Brückner Trockentechnik GmbH & Co. KG
Karl Mayer Textilmaschinenfabrik GmbH
T.T. Limited
OVS Hong Kong Sourcing Ltd.
TESCO INTERNATIONAL SOURCING LIMITED
IIGM Private Limited
Vianney Textil Hogar S.A. De C.V.
Thermore (Far East) Ltd.
Lululemon Athletica Inc
Jindal Worldwide Limited
SYNERGIES HONG KONG LIMITED
Datatex Consulting Srl
Varner AS Retail
Inter Expo Center Ltd.
Itema Weaving (India) Private Limited
C;&A Sourcing International Ltd
The Top Form Brassiere Manufacturing Company Limited
Lacoste (Wanchai)
Seasalt Limited
Lisa S.P.A.
Truetzschler India Private Limited
TEXVALLEY MARKET LIMITED
Gatsby Africa
Aquarelle Clothing Limited
Istanbul Fuarcilik A.S.
Equinox Impex India
VNU Exhibitions Asia
J ;& P Coats
Tuyap Tum Fuarcilik Yapim A.S.
Under Armour Global Sourcing Ltd
Walmart
Gloria Jeans
Hela Clothing Pvt Ltd
Restoque S.A.
H;&M Hennes ;& Mauritz (Far East) Ltd
Guess Europe Sagl,
GERBER TECHNOLOGY LTD.
China World International Exhibition Company Limited
Coats Digital Limited
Gap International Sourcing Limited
Indofil Industries Limited - Specialty & Performance Chemicals Division
APLF Limited
Shanghai  Aige Exhibition Service Co., Ltd
Hirdaramani International Export Private Limited
Weitmann & Konrad GmbH & Co. KG
Groz-Beckert East Asia LLP
Datacolor AG Europe
John Varvatos
EUROVET ASIA LTD
Babyshop
Officina Meccanica Dora Enrico Srl
Lectra Technologies India Pvt Ltd.
Target Corporation (MN)
Recron Polyester from Reliance Industries Limited
Rieter India Private Limited
Maceton Limited
FULGAR SpA
Lenzing Aktiengesellschaft - India
Xtema - Thomas Lebherz Textilmaschinen
Thai Trade Center
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
THE BOMBAY DYEING ;& MFG.CO. LTD
Saurer Textile Solutions Pvt. Ltd.
Copenhagen Fashion Summit
Nandan Denim Limited
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Phong Phu international JSC (PPJ)
Midas Clothing Limited
Italian Trade Commission
COTTON COUNCIL INTERNATIONAL
BTSR International S.P.A.
The LYCRA Company Singapore  Pte. Ltd
Cat Tuong Real Estate Group Joint Stock Company
BTC Textiles LLC
Sateri (Jiujiang) Fiber Co.,Ltd
X-Rite Asia Pacific Limited (HK)
Boardriders Asia Sourcing Limited
Palexpo SA
Performance Days
DyStar India Pvt. Ltd
GIOVANNI BOZZETTO S.p.A.
Savio Macchine Tessili S.P.A.
BIANCA
TÜYAP IHTISAS FUARLARI A.S.
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Decathlon
Taiwan Textile Federation (TTF)
Arvind Limited
Chico’ FAS
Tommy Hilfiger
Gokaldas Exports Limited
Zydex Industries
Marzoli Machines Textile s.r.l.
Sportswear Company Spa
Dow Silicones Corporation
NITI Aayog
G-Star Raw C.V.
BRINKMANN GMBH
Rosset ;& Cia Limited
International Textile Manufacturers Federation
Comasia Limited
Sportmaster Ltd.
Nihalani Events Management
Page Industries Limited (Bangalore)
FESPA (Reigate)
Benetton Group
UBM China (Shanghai)
Helly Hansen Far East Ltd
Eastman Chemical Company
Lifestyle
Jiangsu Yingyang Nonwoven Machinery Company Limited
Vardhman Textile Ltd
Mesdan SPA
Eurofins BLC Leather Technology Centre Ltd
CSGIA(China Screen Printing & Graphic Imaging Association)
EMBEE CORPORATION
Aramark Uniform ;& Career Apparel, LLC
BIMBA ;& LOLA SL
Stahl Holdings B.V.,
DuPont de Nemours, Inc.,
Applied DNA Sciences Inc
Landmark Group
Amazon China
International Sourcing Expo Australia
SHAHI Exports Pvt Ltd
Indo Tex
MAS Active / MAS Kreeda / MAS Bodyline
IDH – The Sustainable Trade Initiative
KAS Direct Sourcing
Bluestem Global Sourcing Limited
Alison Hayes Romania
Etam Group Strategy Hong Kong Limited
Centric Software
JES MEDIA, INC
ZAITEX spa
IKEA of Sweden AB

May 2022

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


Advanced Search