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  • The current 2017-18 marketing year which started in October, due to the rise in the output of the commodity, Parliament was informed that the cotton export is estimated to increase by 15 percent to 67 lakh bales (of 170 kg each). This assessment was made by the Cotton Advisory Board. The crop production is estimated to increase to 377 lakh bales during the 2017-18 period, from 345 lakh bales. Minister of State for Textiles Ajay Tamta said in a written reply to the Lok Sabha that the shipme
  • The Kazakh consortium of light industry enterprises Zhasampaz have worked fruitfully with representatives of business communities of Uzbekistan and Belarus this year, in its plan to supply fabrics to these states. They have plans to prepare cloths for the power structures of Uzbekistan and plans to supply the sow - a rough fabric - to Belarus, without decorative finishing. They bought it in recent years in Uzbekistan and China. And they have an enterprise in South Kazakhstan that can produce
  • SGI Dubai 2018, the 21st edition of Sign and Graphic Imaging trade show will feature exclusive textile focused brands that will showcase their equipment to cater to the needs of Saudi textile industry in Saudi. SGI Dubai is not just a trade show but a platform of opportunities for all the industry stakeholders and trade visitors from across the globe. The SR15 billion ($4 billion) Saudi textile industry is on the threshold of several major advantages due to the current reforms in the country
  • Pakistan textile exports have been going up steadily, in the first five month (July to November) of the current fiscal year textile shipment jumped 7.66 percent year-on-year to $5.51 billion driven primarily by a surge in value added textile exports. This positive sign raises expectations that full-year proceeds likely to touch $13 billion after a hiatus of two years. In a review of the industry’s performance in the outgoing year 2017, Pakistan Textile Exporters Association (PTEA) Chairman Sh
  • European Apparel and Textile Confederation (Euratex) and Brazilian Textile and Apparel Industry Association (ABIT), representing the textiles and clothing industries in both EU and Brazil, have welcomed the negotiations for an important EU-Mercosur Free Trade Agreement (FTA). “The textiles and clothing industry is a vivid and global sector in which we believe Europe and Mercosur countries have a key role to play. Our focus is on high quality products manufactured in a sustainable manner under
  • While moves in the global knitwear sector are afoot to overtake fast fashion with sustainable products and processes, the ultimate push to become certified organic is proving an unnecessary step too far for many manufacturers. There is widespread support in the industry to embrace sustainable business practices and boost eco-credentials for yarns and knitwear items. However, ‘jumping through hoops’ to earn organic certification is ‘astronomical’ in terms of cost, according to one organi
  • Vietnam's total export-import turnover since the beginning of the year has reached $400 billion, recording the highest trade surplus ever, with $3.17 billion. Milestones of Vietnam’s export and import turnover Vietnam Customs has just announced the export and import situation of the first 11 months on December 19, 2017. Total export and import turnover hit $385.77 billion in the first 11 months, up 21.4 per cent, which is the highest on-year increase ever, adding $200 billion com
  • China's foreign trade volume is expected to exceed $4 trillion in 2017 if there are no special circumstances based on figures accumulated in the first 11 months, the Ministry of Commerce predicted on Thursday. Gao Feng, the ministry's spokesman, said China has been resolutely pushing forward supply-side structural reform in foreign trade. The labor, capital and resource utilization efficiency, as well as environmental protection awareness of domestic manufacturers have been effectively improv
  • China's economic growth results are expected to remain stable not only in 2017 economic reports yet to be released but also in 2018, despite a slight decline in a major index measuring the expansion of the manufacturing sector in December, analysts said. While there is some variation in the forecast, analysts said the country's GDP growth may register up to 6.9 percent for 2017. The official manufacturing purchasing managers index, released on Sunday, dropped to 51.6 in December, compared
  • China has decided that the environmental protection tax-levied on air, water, solid waste and noise pollution starting on Monday-will all go to local governments, a move designed to boost their enthusiasm and further invigorate the environmental protection campaign. When the Environment Protection Tax Law enters into force on the first day of 2018, businesses and public institutions will be taxed for directly discharging pollutants on China's territory and other maritime areas u
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