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Apparel manufacturing is Cambodia's largest employer, contributing 40 per cent of the nation’s gross domestic product. But the recent COVID-19 pandemic has paralysed the country’s key industries including the textile and garment industry by halting cross-border trade. Here is how the country is grappling with the situation – a report by Fibre2Fashion.
With coronavirus pandemic engulfing the entire world, the demand for personal protective equipment (PPE) is on the rise. As US and EU being the most affected regions so far, demand for PPE from these regions have shown a sharp rise compared to rest of the world, reports Market Intelligence team at Fibre2Fashion
The global health emergency caused due to coronavirus might not affect Indonesia's economy severely as the country is not deeply integrated in the global supply chain. This report by Market Intelligence team at Fibre2Fashion talks about the various steps the Indonesian government and trade bodies have taken to safeguard the textiles and clothing industry.
Egyptian cotton production in MY 2019-20 may drop over an expected reduction in the harvested area. Moreover, the cotton prices of MY 2018-19 could also discourage farmers from planting cotton in MY 2019-20. Yet, cotton exports jumped by 57.1 per cent in MY 2018-19 over MY 2017-18; the trend is expected to continue. A Market Intelligence (MI) report from Fibre2Fashion looks at the cotton production, export numbers and the global demand for Giza Cotton.
Indonesian textiles and clothing exports is growing at a rate marginally faster than that of the country's GDP, but the overall downward trend continues. The export value of Indonesian textiles and clothing products increased to $13.28 billion in CY (calendar year) 2018 from $12.54 billion in CY 2017 with a growth rate of 5.90 per cent, according to textile association Asosiasi Pertekstilan Indonesia (API). A Market Intelligence (MI) report from Fibre2Fashion.
Uzbekistan is listed among the top cotton producers and exporters in the world. Since the marketing year (MY) 2016-17, the country has been reducing its targeted cotton planting area and cotton production. The cotton planted area in MY 2019-20 is expected to be about 1.06 million hectares (mha) with expected cotton production of about 729,080 metric tonnes. A Market Intelligence (MI) report from Fibre2Fashion.
The textiles industry is a major contributor to the Turkish economy, accounting for 16 per cent of its total exports in 2018. Since 1985, Turkey has invested $90 billion in the sector. Turkey figures in the list of top five countries based on yarn production capacity and is at the sixth position in the production of ready-to-wear items. Turkey's production capacity is estimated at 7.5 million spindles and 700,000 rotors. A Market Intelligence (MI) report from Fibre2Fashion.
Sri Lanka's crucial apparel industry contributed 32 per cent to the country's gross domestic product (GDP) and 44 per cent to its total exports in 2018. The sector offers employment to more than 9,90,000 people. Sri Lanka recorded the highest apparel exports per capita of any exporting nation in the region. A Market Intelligence (MI) report from Fibre2Fashion.
The cotton import of Thailand was 255.83 thousand tonnes in MY (marketing year) 2018/19, rose from 250.17 thousand tonnes in MY 2017/18 with a growth rate of 2.26%. It is expected to increase to 269.56 thousand tonnes in MY 2021/22. A Market Intelligence (MI) report from Fibre2Fashion.
Vietnam's apparel exports have seen a methodical growth over the last five years. Exports for 2020 is forecast to be $39.89 billion. A Fibre2Fashion overview.
The garment exports sector of Cambodia stands strong and many opportunities lie ahead. A Market Intelligence (MI) report from Fibre2Fashion.
Fibre2Fashion explores the trade dynamics in the textile and clothing domains between India and the US.
Fibre2Fashion enumerates the various policy reforms undertaken by the Indian Government to boost the textile-garment sector
Lower tariffs and wages, welcoming regulations and other benefits are resulting in textile-apparel manufacturers in India and China shift production to Africa and Southeast Asia. Fibre2Fashion takes a look.
The cotton industry in Mexico is booming and has reached its best since 1970. And, this rise has negatively impacted US cotton exports to Mexico. A Fibre2Fashion report.