India's home textile exports share market to US remains dull

News Tags: ability to renegotiate product prices, backdrop of the rising raw material prices, cotton prices, cotton sheet, during current year 2017, home textile exports, India market share, key monitorable, remain flat, rupee appreciation, terry towels, US market

Mumbai
India's home textile exports share market to US remains dull
Summary: 
India’s market share in home textile exports to the US (sum of all products) remained flat YoY at 33% during the current year 2017. Ability to renegotiate product prices in the backdrop of the rising raw material prices and rupee appreciation will be the key monitorable.

India’s market share in home textile exports to the US (sum of all products) remained flat YoY at 33% during the current year 2017. Ability to renegotiate product prices in the backdrop of the rising raw material prices and rupee appreciation will be the key monitorable.

India’s market share (in dollar terms) in cotton sheets increased 1ppt YoY to 50% in CY17. India has been consistently gaining a 1ppt market share in cotton sheets each year since CY12.

http://www.financialexpress.com/market/indias-share-in-home-textile-exports-to-us-remains-flat/1073467/
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Rwanda begin talks on AGOA with US to ensure duty free access

News Tags: AGOA, American Growth and Opportunities Act, began discussion on review, East African Community, Government of Rwandan, in a bid to ensure continued duty free access, Rwanda is not locked out of trade window, Textile Industry, US market

Africa
Rwanda begin talks on AGOA with US to ensure duty free access
Summary: 
The government of Rwandan in a bid to ensure continued duty free access to the US market has began discussion with the United States on the review of the American Growth and Opportunities Act (AGOA). Rwanda Development Board Chief Operating Officer, Emmanuel Hategeka said that they are in talks with the US to ensure Rwanda is not locked out of the trade window.

The government of Rwandan in a bid to ensure continued duty free access to the US market has began discussion with the United States on the review of the American Growth and Opportunities Act (AGOA). Rwanda Development Board Chief Operating Officer, Emmanuel Hategeka said that they are in talks with the US to ensure Rwanda is not locked out of the trade window.

He said that they are talking to their partners in the US as they value their trade and relations with the US and they are doing all that is possible not to be out of cycle and of course they have been engaging on the issue.

http://www.newtimes.co.rw/section/read/219399/
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Indian garment exporters maintains per unit realization to the US market

News Tags: average for China fell, Bangladesh and Vietnam, compared to other large garment exporting countries, expanding market share, including China, Indian garment exporters, maintain per unit realization, Office of Textiles and Apparel USA, past three years, recorded decline in their per unit realization, share rose by 80 basis points, US market

New Delhi
Indian garment exporters maintains per unit realization to the US market
Summary: 
Indian garment exporters not only maintained its per unit realization to the US market but also expanding its market share compared to other large garment exporting countries including China, Bangladesh and Vietnam who have been recording decline in their per unit realization to the US since the past three years.

Indian garment exporters not only maintained its per unit realization to the US market but also expanding its market share compared to other large garment exporting countries including China, Bangladesh and Vietnam who have been recording decline in their per unit realization to the US since the past three years.

According to the data from the Office of Textiles and Apparel (OTEXA), USA, the average realization per square metre equivalent of apparels exported by India to the US has been in the range of $3.4-3.6 since 2014.

http://economictimes.indiatimes.com/markets/stocks/news/indian-garment-exporters-to-the-us-retain-per-unit-realisation-unlike-peers/articleshow/60385856.cms
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Swazi to be in disadvantage position should SA lose its AGOA

News Tags: adversely affected exports and employment, drastic decline in textile exports, failed to resolve outstanding issues, meet deadline of President Barack Obama, South Africa end up losing AGOA eligibility, Swazi economy put in disadvantaged position, threatened to suspend duty free status of South Africa, under the AGOA, United States, US market

South Africa
Swazi to be in disadvantage position should SA lose its AGOA
Summary: 
The United States has threatened to suspend the duty-free status of South African agricultural products after the country was reported to have failed to resolve the outstanding issues necessary for it to meet President Barack Obama’s deadline and maintain all of its benefits under the AGOA. Therefore should South Africa end up losing its AGOA eligibility, the Swazi economy would be put in disadvantaged position.

The United States has threatened to suspend the duty-free status of South African agricultural products after the country was reported to have failed to resolve the outstanding issues necessary for it to meet President Barack Obama’s deadline and maintain all of its benefits under the AGOA. Therefore should South Africa end up losing its AGOA eligibility, the Swazi economy would be put in disadvantaged position.

http://www.observer.org.sz/business/78082-swaziland-disadvantaged-by-looming-south-africa-agoa-loss.html
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Vietnam likely to become second biggest EM apparel supplier surpassing Bangladesh

News Tags: benefit from TTP, EM apparel supplier, foreign investment, global apparel export market share, NAFTA, research report, Standard Chartered Bank, US market, Vietnam apparel industry, Vietnam to overtake Bangladesh

KUALA LUMPUR
Vietnam likely to become second biggest EM apparel supplier surpassing Banglades
Summary: 
Vietnam apparel industry to benefit from Trans Pacific Partership agreement (TPP) according to a research report by Standard Chartered Bank. A wave of foreign investment in Vietnam’s textile industry has already begun, ahead of a potential TPP deal. On this basis, Vietnam likely to overtake Bangladesh in the global apparel export market share to become the second-biggest EM apparel supplier after China when its apparel exports swells to US$115 billion.

Vietnam apparel industry to benefit from Trans Pacific Partership agreement (TPP) according to a research report by Standard Chartered Bank. A wave of foreign investment in Vietnam’s textile industry has already begun, ahead of a potential TPP deal. On this basis, Vietnam likely to overtake Bangladesh in the global apparel export market share to become the second-biggest EM apparel supplier after China when its apparel exports swells to US$115 billion.

http://www.malaysiandigest.com/business/541149-vietnam-likely-to-take-over-bangladesh-in-apparel-export-market-share-stanchart.html
0

Vietnam garment and textile export target set at US$28 bn within reach this year

News Tags: abolish U.S. tariff rates, Customs Union, EU market, FTA, improve supply chain, influences from free trade agreement, invest in material production, link fiber production, second largest exporter, TPP, US market, Vietnam Association of Garment and Textile, Vietnam textile and garment sector, with cloth production

Saigon
Vietnam garment and textile export target set at US$28 bn within reach this year
Summary: 
Vietnam has been the second largest exporter of garment and textile products to the U.S. for the last several years. The annual export turnover from Vietnam to U.S. market has grown 12-13 percent in recent years while the North American nation’s import value has grown only 3 percent. These achievements were partly due to influences from free trade agreements.

Vietnam has been the second largest exporter of garment and textile products to the U.S. for the last several years. The annual export turnover from Vietnam to U.S. market has grown 12-13 percent in recent years while the North American nation’s import value has grown only 3 percent. These achievements were partly due to influences from free trade agreements.

http://www.saigon-gpdaily.com.vn/Business/Economy/2015/1/112283/
0

Bangladesh apparel exports on declining trend as buyers lose confidence

News Tags: Apparel exports, Bangladeshi apparel products, BGMEA, BGMEA president Anwar-ul- Alam Chowdhury, Cambodia, India, Indonesia, merchandise exports from Bangladesh, safety and compliance issues, US Department of Commerce’s Office of Textiles and Apparel (OTEXA), US market, Vietnam

Dhaka
Bangladesh apparel exports on declining trend as buyers lose confidence
Summary: 
Bangladeshi apparel products are losing orders over safety and compliance issues imposed after Rana Plaza tragedy and Tazreen Fashion fire incident. The declining trend is apprehended to be continued in the months to come unless measures are taken to boost up buyers’ confidence.

Bangladeshi apparel products are losing orders over safety and compliance issues imposed after Rana Plaza tragedy and Tazreen Fashion fire incident. The declining trend is apprehended to be continued in the months to come unless measures are taken to boost up buyers’ confidence.

Apparel exports are losing edge in the US market to its competitors namely Vietnam, Cambodia, India and Indonesia, as buyers have started cutting back their orders.

http://www.dhakatribune.com/business/2014/nov/18/apparel-exports-us-losing-edge-competitors
0

Vietnam gains bigger share of the US market with its apparel imports this Year

News Tags: cost per SME, cotton underwear, exporting more expensive garments, OTEXA data, US market, Vietnam apparel import, women’s and men’s cotton pants, women’s cotton knit tops, women’s manmade fiber knit tops

Vietnam
Vietnam gains bigger share of the US market
Summary: 
Vietnam is turning up to be a bigger part of the U.S. market in 2014 with its total apparel imports in the first nine months picking up a 1.2 percentage point share gain, from 10 percent in 2013 to 11.3% in 2014, according to the U.S. Department of Commerce’s Office of Textiles and Apparel (OTEXA) data released last week.

Vietnam is turning up to be a bigger part of the U.S. market in 2014 with its total apparel imports in the first nine months picking up a 1.2 percentage point share gain, from 10 percent in 2013 to 11.3% in 2014, according to the U.S. Department of Commerce’s Office of Textiles and Apparel (OTEXA) data released last week.

In September, U.S. apparel imports from Vietnam totaled a record $914 million, a 22.7% increase over last September, bringing the year-to-date total 15.6% to almost $7 billion.

https://www.sourcingjournalonline.com/apparel-imports-vietnam-grow-double-digits-year/
0

Indian textile industry anticipate close to 10% growth in apparel exports to the US

News Tags: AEPC, Bangladesh, China, Clothing Manufacturers' Association of India, Indian apparel exports, off-loading export order, OTEXA, US market

New Delhi
Indian textile industry anticipate close to 10% growth
Summary: 
Indian apparel exports to the US has witnessed rise by 7.5% at 745 million square metres equivalent (msme) for the period January-September 2014 over the corresponding period last year, as per the latest data by the US Department of Commerce's Office of Textile and Apparel (OTEXA).

Indian apparel exports to the US has witnessed rise by 7.5% at 745 million square metres equivalent (msme) for the period January-September 2014 over the corresponding period last year, as per the latest data by the US Department of Commerce's Office of Textile and Apparel (OTEXA).

http://www.business-standard.com/article/economy-policy/india-pips-china-bangladesh-in-apparel-exports-growth-to-us-for-jan-sept-2014-114110600857_1.html
0

US varsity to develop business plan for Tirupur exporter to boost their products

News Tags: Americas Bradley University, associate professor, image management, market research, Rajesh Iyer, SMEs, Technology and infrastructure exploration, Tirupur exporters, Tirupur Exporters' Association, Tirupur knitwear industry, US market

Tirupur
 US varsity to develop business plan for Tirupur exporter to boost their product
Summary: 
Tirupur knitwear industry a Rs18,000 crore industry which mostly comprising small and medium enterprises (SMEs). Tirupur exporters to boost the reach of their products in the US market have joined hands with America's Bradley University to develop a business plan.

Tirupur knitwear industry a Rs18,000 crore industry which mostly comprising small and medium enterprises (SMEs). Tirupur exporters to boost the reach of their products in the US market have joined hands with America's Bradley University to develop a business plan.

The strategy was developed by Rajesh Iyer, an associate professor of marketing and director of the international business programme at Foster College of Business, Bradley University, Illinois, and his Executive MBA students.

http://www.business-standard.com/article/sme/us-varsity-crafts-business-plan-for-tirupur-exporters-114102701349_1.html
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