- Tajikistan has harvested 295,815 tonnes of raw cotton
during the year 2009, down from 353,115 tonnes in 2008, said
the Central Asian state's Agriculture Ministry. Tajikistan
ranked 11th among global cotton exporters in 2008 and shipping
abroad 350,000 bales, according to the National Cotton Council
of America.
- Bangladesh plans to raise the value of its textile exports
to Japan to $1 billion over the next two years, said Mohammad
Fazlul Hoque, President of Bangladesh Knitwear Manufacturer
and Exporter Association (BKMEA). He said Bangladesh exports
only $50 million worth of ready-made garments to Japan which
annually consumes $23 billion worth of ready-made garments,
mostly importing from China.
- The Asian Development Bank (ADB) has approved a loan of Rs.
7.25 billion (US $150 million) for the development of India’s
khadi industry, said Micro, Small and Medium Enterprises
Minister, Mr. Dinsha J Patel. This loan will be released in
four installments over a period of three years. The industry
has received the first installment of $20 million recently.
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According to the China National Textile &
Apparel Council, China has made an investment of 241.8 billion
yuan in the textile industry, between January and November
2009. This is an increase of 7.9% over the same period last
year.
-
EU's imports of Bangladeshi cotton
T-shirts resisted the economic crisis in euro terms in the
first half this year, due to a rise in prices. Bangladesh
accounts for 50% of the French import market in volume terms,
with significant exports to Germany and UK.
-
Turkish exports to the European Union
were dramatically affected by the clothing recession over the
first half this year. Shipments to Germany however resisted
more than the sliding exports to the UK's market. Both
countries continued attracting 50% of total sales to the
European Union.
-
In Colombia the textile industry has
fared much better than clothing. Although export growth has
slowed, sales of textiles rose by 25.8% in the first half of
2009. But clothing exports plunged by 54.5%, having been
dragged down by a slump in demand for Colombian garments in
Ecuador, Mexico, the USA, and Venezuela.
-
Bangladesh has set 13% higher RGM export
target of $17.6 billion for the current fiscal year to end
June 2010. Readymade garments, which account for 80% of total
exports, earned more than $11 billion in the last fiscal year.
Earnings from knit textiles from July to June of the previous
fiscal year 2008-09 rose 16.2 % to $6.4 billion while exports
of woven garments rose 14.5% to $5.9 billion in the same year.
-
EU clothing imports from India resisted
relatively well the economic recession and surging competition
from China over the first half of 2009. This is mostly due to
stronger sales to the UK's market where Indian exporters
heavily slashed their prices. Shipments to Spain surged in
both volume and value terms while exports were more stable to
other major European markets.
-
In Mexico the textile industry continued
to struggle as US importers shifted orders to China and other
low cost Asian countries. In the first half of 2009 alone,
Mexican textile and clothing exports declined by 17.5% after
falling by 6.2% in 2008. Apparel manufacturers are being
pressured by major retailers to replenish merchandise more
quickly and speed up the product development cycle for new
assortments.
-
EU's imports of cotton bed linen from
China continued to rise very strongly over the first half this
year in spite of the economic recession. The Chinese share of
the European market sharply increased during the 2006-09. UK
absorbs the largest part of Chinese shipments.
-
Small suppliers of cotton denim trousers
were further eliminated from the US market in the third
quarter. China gained strong market share, while further
reducing prices in the first year without quotas. Bangladesh
and Vietnam resisted while other origins were suffering from a
decline in both men's and women's markets.
-
Vietnam’s garments and textiles exports
to Japan will be subject to zero rated import duties from
October 1, 2009. Statistics show that 80% of garments and
textiles companies have managed to secure export contracts for
the rest of this year, 40% of the contracts being signed with
Japanese importers.
-
Russia will soon start using oil as raw
material, which will later be converted into synthetic fibre
for its textile industry. The first contract was signed at the
Fourth Textile Industry Forum in Ivanovo. Russia imports most
of its cotton and makes little synthetic fibre of its own at
the moment.
-
Bangladesh in apparel exports is growing
at good pace. Apparel exporters resisted the economic
recession, especially knitwear producers benefiting from a
duty-free access on EU's market. The shift to lower-priced
clothing at European and US retail was another advantage for
Bangladeshi exporters as Chinese prices sharply rose at the
end of last year.
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The Vermont Organic Fiber Company has
launched a new line of soft, moisture-absorbing O-Wool
mattress pads made with organic wool grown and certified to
the US Department of Agriculture organic standard (NOP).
O-Wool yarns and fabrics are made from certified organic
Merino wool spun, knit, woven, and finished at facilities in
Massachusetts, Pennsylvania, Rhode Island, and South Carolina.
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