India, Bangladesh and Pakistan are seeing an increase in textile and apparel exports as those from China, Vietnam and Cambodia decline in the U.S., according to a report by the U.S. Department of Commerce’s Office of Textiles and Apparel (OTEXA). Exports from India increased by 15.3 percent in March 2016 compared with February 2015; Bangladeshi exports increased by 7.9 percent during the same period, and Pakistani exports increased by 8.8 percent. China’s textile and apparel exports declined by 42.1 percent in March 2016 compared with March 2015. Vietnam’s decline for the period was 22.6 percent and Cambodia’s was 34.4 percent.
Southeast Asia’s exports on the rise
Industry News | July 29, 2016 | By: ATA
You might also like...
Tariff on China goes into effect, tariffs on Mexico and Canada on pause for 30 days
AATCC, SEAMS to hold inaugural conference in October
President Trump announces tariffs on Canada, Mexico and China
President Trump announces tariff plans for Canada and Mexico
U.S. CBP proposes new rule to strengthen enforcement, limit duty exemption for low-value shipments
Credence Research reports lyocell fiber market to reach $3.43 billion by 2032