China exported 10.349 billion US dollars of textiles in October, down 13.64 percent from September, said the Ministry of Commerce on Wednesday. Although China's monthly textile export volume exceeded 10 billion US dollars for the consecutive five months this year, its year-on-year growth rate has slowed down, according to the ministry. The abolishment of the global textile quota at the beginning of this year as well as China's textile production capacity expansion led to the sustained gr

According to the Chairman of Sri Lanka Exporters Association, A Sukumaran, exports of Sri Lankan apparel to US registered a growth by 9.5 percent to US $1,217.5 million from January to September this year.In comparison, exports figures of previous year stood at $1,112.2 million during the same period.In the first nine months, the exports to EU were only $720.2 million, while in 2004, it was $716.2 million in the same period.Speaking at the Association? AGM, he said that though exports of apparel

The $1-billion per annum global second hand clothing industry is increasing its presence in the Indian market, threatening the domestic textile industry. According to estimates, the Indian textile industry is losing over Rs 10,000 crore per annum due to the unregulated inflow of second hand clothes, sold as cheap as Rs 10 - Rs 15 per piece in the various cities across the country. The government allowed the import of second hand textile under the open general license (OGL) route following the

Fabric and home textiles exporters in Bangladesh have been passing through tough time in recent months with their exports to Europe declining since the quota phased out on Jan. 1, 2005. Local daily New Age quoted the latest statistics provided by the European Union (EU) as saying on Tuesday that during January- September of the current year, Bangladesh's export of fabrics, towels and bedding declined by 8.9 percent in volume and nearly 5 percent in value. During the period, Bangladeshi export

Soft, plush, and infinitely comfortable, cashmere is the most classically luxurious garment a man can wear, whether made into a coat, suit, sport coat, sweater, golf shirt, or even a pair of socks. But here's an update: Cashmere is no longer relegated to the cooler months. Now, this luxurious fiber is being made into light and medium weight shirts, sweaters, and jackets that are virtually seasonless. Credit Loro Piana, the world's largest producer of cashmere fabrics and apparel and perhaps the

HCM CITY ?Vietnamese leather and footwear enterprises said they had sufficient evidence to support their defence against the anti-dumping lawsuit currently being waged by the European Commission (EC). The verdicts, released after a two-month investigation, found eight surveyed enterprises in the country? leather and footwear sector had failed to satisfy EC-set criteria of a market economy. Five criteria to be recognised as a market economy include business operation costs within a market, inte

The Ministry of Commerce briefed recently the implementation of the Sino-US textile agreement which will be effective as of Jan.1, 2006. Quotas for five categories under the US restriction had been used up before the agreement was reached on Nov. 8. Goods were blocked at the US customs as a result. The US Committee for the Implementation of Textile Agreements (CITA) has asked the US customs to grant clearance to the five types of Chinese textile products between Nov. 28 to Dec. 2. Permission

EU textile export volumes fell by 5 per cent in the first three-quarter period of 2005. There was a decline in sales to all major markets although shipments to China have increased. The US tops the list of buyers, pushing aside Turkey. Prices have also risen slightly since last year. EU textile exports have fallen in both volume and value for the first nine months of the year, according to latest data from Europe. Down 5 % The EU exported a total of 2.36 million tonnes of textile products in

In a bid to make the textile industry more competitive, the confederation of Indian textile industry (Citi) has made a host of recommendations to the national manufacturing competitiveness council (NMCC) regarding credit availability, removal of undue protection given to manmade fibre (MMF) producers, labour issues, data requirements and trade issues. According to Citi officials, these recommendations have been approved by the NMCC and will be soon presented to the Prime Minister. In order to

Imports of textile machinery from Korea in the last two years reveal growing capital goods imports by Indian textile industry to cash on the business opportunity in the quota-free trade environment.Textile machinery imports of 2003-04 stood at $40 million and have risen by 25 percent to $50 million by 2004-05, reported officials from the Korea Trade Centre (Kotra).Korean textile companies want to capitalise on Indian textile boom, which is expected to consolidate its textile machinery purchase w