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Research and Markets: World Textile and Apparel Trade and Production Trends: China, South-East Asia and South Asia, 2008 Edition
Tuesday January 13, 05:58 AM
Research and Markets (http://www.researchandmarkets.com/research/ddcb60/world_textile_and)
has announced the addition of Textiles Intelligence's new report "World
Textile and Apparel Trade and Production Trends: China, South-East Asia
and South Asia, 2008 Edition" to their offering.
Chinese textile and clothing exports increased by 11% in the first six
months of 2008 although EU imports from China rose by only 5.1% and US
imports from China increased by just 0.7%. As a result, domestic output
grew by a smaller margin than in the past. Textile imports fell,
implying weaker activity in textile and clothing manufacturing although
clothing imports soared by 25%.
In South-East Asia, textile and clothing exports from Indonesia expanded
only moderately during January-September 2008 as US imports from the
country decelerated and EU imports declined. At the same time, domestic
demand for textiles and clothing within Indonesia surged. In Malaysia
textile and clothing exports declined by 3.2% in 2007 after growing in
the previous two years. The importance of the sector has declined in
recent years, but the Malaysian government has provided a guide for
textile and clothing producers which aims to develop the industry
further.
Its objectives include the promotion of investment in the sector and the
promotion of exports in targeted areas. In the Philippines clothing
exports were particularly lethargic during January-September 2008 in the
face of fierce competition from China and several other low cost Asian
producers. In Thailand, however, clothing exports grew during the period
following a drop a year earlier. Exports from Vietnam, meanwhile, soared
in the first ten months of 2008 and the industry is expected to meet, or
even surpass, its US$9,500 mn target for the whole of 2008.
In South Asia, Bangladesh has performed well in the post-quota era,
despite fears that it would suffer in the face of competition from China
and India. In the 2007/08 financial year, which ended on June 30, 2008,
clothing exports rose by 16.2% while production of clothing, leather
goods, jute goods and cotton was up by 10.7%. India's textile exports
grew by a vigorous 16.7% in 2007/08 but its clothing exports expanded by
a slower 6.8%. Pakistan's textile and clothing exports declined by 2.3%
as a result of significantly weaker demand in the EU and the USA. Sri
Lankan exports, meanwhile, grew by 8.5% in 2007 but by a more modest
3.7% in the first four months of 2008. The industry is being helped by a
gradual shift to the manufacture of higher added value products.
Key Topics Covered:
SUMMARY
CHINA
SOUTH-EAST ASIA
SOUTH ASIA
List of tables
For more information visit http://www.researchandmarkets.com/research/ddcb60/world_textile_and
Contact:Laura WoodSenior Managerpress@researchandmarkets.comFax
from USA: 646-607-1907Fax from rest of the world: +353-1-481-1716
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