Trade Development Authority of Pakistan’s Post

Vietnam’s Textile and Garment exports rise by 6.7% YoY in Jan-Apr 2024 #VietnamTextiles #GarmentExports #ExportGrowth #VietnamEconomy #TextileIndustry #GarmentIndustry #TradeNews #EconomicGrowth #VietnamExports #konjae #konjaetextile #MarketTrends #TextileExports

The enormous potential of throwaway garments, according to entrepreneurs, can bring in at least US$6.0 billion for Bangladesh annually if cheap exports are prevented and recycling is encouraged. Given the extent of the environmental effects, an increasing number of Western businesses, from fast-fashion stores to luxury labels, are giving priority to clothing created from recycled or other sustainable materials. Bangladesh's largest export industry is apparel, with yearly exports valued at over US$47 billion. According to industry insiders, the manufacturers produce between 0.4 and 0.5 million metric tons of jhut, or cutting debris, scraps, and fluff. Approximately 20,000 to 22,000 dealers work in the jhut industry; they primarily informally handle rubbish, employing 0.6 million people, predominantly women. Around 1.0 million people are indirectly dependent on the apparel sub-sector. #Apparel #Outershell #Outershellinternationaltrading #sourcing #clothing #Manufacturer #Exporter #statistics #exports #fashion #industry #manufacturing #Bangladeshgarment #garment #apparelindustry #fashionapparel #hometextiles #TextilesMarket #GarmentFactory

Bangladesh’s non-cotton apparel exports have the potential to surge to $42 billion by 2032 through developing a comprehensive value chain and reducing reliance on imports with an additional investment of $18 billion, according to a study. The country’s current non-cotton apparel export is valued at $15.6 billion Brand BGMEA Wazir Advisors Varun Vaid #BangladeshApparel #TextileIndustry #BGMEA #GarmentManufacturing #TradeDevelopment #SustainableFashion https://lnkd.in/ggAwirZ2

Sri Lanka’s apparel industry must explore fabric manufacture as an imperative to optimise opportunity. Teejay Lanka CEO Pubudu De Silva adds insights on Kaleidoscope News Capsule this Thursday #srilanka #lka #pubududesilva #teejaylanka #fabricmanufacture #textilemanufacture #apparel #apparelindustry #smartfabric #supplychain #newscapsule #ceylincolife #kaleidoscopewithsavithrirodrigo #kaleidoscope #prishanpandithagestudios #prishanpandithage

US textiles and clothing experiences a surge in imports for Jan - Feb 2024 #USTextiles #ClothingImports #TradeSurge #EconomicData #ImportTrends #IndustryUpdate #TextileIndustry #konjae #konjaetextile

Pre-owned clothes claim 53% market share in Ethiopia’s textile Industry, ETGAMA study finds A recent study by the Ethiopian Textile and Garment Manufacturers Association (ETGAMA) has disclosed that second-hand garments, locally known as ‘bonda’, now constitute 53% of the textile market in Ethiopia. This surge is largely attributed to the rampant illegal imports of these garments. According to ETGAMA’s 2023 survey, the proliferation of second-hand clothing has become a significant market challenge for domestic textile producers. The survey highlighted that the appeal of bonda clothes among Ethiopians is due to their affordability and perceived higher quality, which are often sourced from well-known manufacturers in Europe and America. Read more - https://lnkd.in/dCsAW-bB

We all recognize Bangladesh as a leading exporter of ready-made garments, but let's not overlook the vital role played by sub-industries like trims and accessories. These components contribute significantly to our economy, generating substantial foreign exchange earnings each year. Consider the humble hang tag attached to every garment we purchase. It may seem insignificant, but these tags, along with care labels, main labels, and other accessories, serve essential functions. They convey crucial information such as fabric composition, washing instructions, branding details, and sizing information. In essence, trims and accessories carry a wealth of important information that directly impacts consumers' purchasing decisions. Let's continue to explore the dynamic landscape of our garment industry for further insights and updates. #LPP #Zara #RMG #garmentsupplier #Trims #accessories #corporateidentity #niamoteullah #apparelmanufacturing

In the first 2 months of 2024, Sri Lanka's garment exports declined by 5.1 per cent YoY to $738.4 million. Textile exports fell significantly by 23.9 per cent to $46.0 million, whereas exports of other manufactured textile articles rose by 13.1 per cent to $19.0 million. Collectively, these exports constituted over half of Sri Lanka's industrial exports. #Fibre2Fashion #f2f #apparel #textile #fashion #textileindustry #f2fnews Read more here: https://lnkd.in/dcrtN6yE

Top 6 Clothing manufacturing countries for the 7 Arab nations

#LocalNews Textile manufacturers struggle as illegal “bonda” clothing floods market Ethiopia’s textile manufacturers are facing a growing crisis as they struggle to compete with the widespread distribution of “bonda” clothing—second-hand garments that are flooding the market at low prices. The Ethiopian Textile and Garment Manufacturers Association has raised alarms about the impact of these illegal imports, which are significantly undermining the competitiveness of local producers. The influx of bonda clothing has made it increasingly difficult for Ethiopian textile manufacturers to sell their products. According to the association, these second-hand garments, often referred to as “Taiwanese” in the market, are dry-washed, tagged, and distributed across various boutiques in cities. The problem has escalated to the point where many manufacturers are being forced out of the market due to their inability to compete on price and quality. Read More (https://lnkd.in/daGsvH-9) Website (https://lnkd.in/eMXvqV9H) | Facebook (https://bit.ly/capital_fb) | X (https://bit.ly/capital_X) | TikTok (https://lnkd.in/edEpbkiY) | Instagram (https://lnkd.in/ePSBWHnc) | Linkedin (https://bit.ly/Capital_In) | Youtube (https://bit.ly/capital_yt)