• Textile industry: overseas orders are still the focus
      Affected by public health incidents in 2020, many foreign traders, after experiencing the darkest moment of “order shortage” in May and June, finally felt a little warmth in the traditional low season of foreign trade in July and August. Winter fabrics orders in August increased, and the t
      Sep 08, 2020
    • Japan’s textile and apparel exports drop 13 percent
      As per latest released statistics from Japan’s Ministry of Finance, the country’s textile and apparel (T&A) exports declined by 13 per cent on YoY basis to USD 3.29 billion during the January - June’20 (H1) period. Textile exports declined to USD 3.05 billion while apparel products decline
      Sep 07, 2020
    • Global exports of cotton fabrics significantly down
      The global export of cotton fabrics has decreased 17.95 per cent to USD 32,990.56 million in the year 2019 compared to USD 40,206.37 million in 2017. Whereas, total exports slipped 18.17 per cent in 2019 over the previous year. Further, the export is expected to move up to USD 34,925.72 mi
      Sep 07, 2020
    • Global PPE dependence on China increases to 80%
      China’s share of personal protective equipment (PPE) imports rose from about 60% in January to more than 80%. China is expanding exports to meet the rapidly increasing global demand. China accounts for 96% of Japan’s medical mask imports. Although Japan, the United States and Europe are co
      Sep 07, 2020
    • Textile industry inventories increased MoM in August
      At the beginning of August, the number of days used for the national cotton industry inventory was about 36.9 days According to a sample survey of the National Cotton Market Monitoring System, as of the beginning of August, the average use days of cotton stocks of the sampled
      Sep 07, 2020
    • Why is Bangladesh overtaken by Vietnam in global garment exports?
        According to statistics from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), from July 2019 to June 2020, Bangladesh’s garment exports were USD 27 billion, and Vietnam’s garment exports reached USD 30 billion. Vietnam surpassed Bangladesh to become the wor
      Sep 02, 2020
     
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