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Pak industry to capitalise on declining Chinese textile exports to US
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) will sign a trade economic cooperation agreement with the Greater New York Chamber of Commerce (GNYCC) in September 2018 to capitalise on declining Chinese textile exports to US.
As per official figures, Chinese textile and apparel exports to US are declining while Pakistan’s textile exports surged by 4.0 percent and apparels exports surged by 7.0 percent in May 2018. The US is one of the largest trading partners of Pakistan. However, the export base of Pakistan is narrow with heavy reliance on textiles and apparels for export earnings. China, Mexico, India, Vietnam, Indonesia, and Bangladesh are the main trading competitors of Pakistan in terms of its exports to the US.
In terms of textile and apparel exports, Pakistan continued to remain at seventh position last fiscal having 2.57 percent share in US’s overall imports to these products.
Ethiopia seeks Vietnamese cooperation
Ethiopia and Vietnam are cooperating in various fields. Among these are culture, economics, trade, science-technology and investment. However, the economic relationship remains modest.
The two countries first established diplomatic relations in 1976.
Ethiopia is a country situated in the Horn of Africa with a population of nearly 100 million. Agriculture remains a major part of the Ethiopian economy, accounting for 46 per cent of its GDP. Ethiopia is known for coffee, cotton, fruits, pepper, sugarcane and timber. The country also has Africa’s largest livestock population and the world’s tenth largest, providing meat, milk and leather for the processing industry.
Considered as a model for economic development in Africa, Ethiopia is the fastest-growing economy in the region, with its income per capita increasing by four times during the 2009-2017 period. It is seeking to privatise the banking, insurance and telecommunications sectors.
Vietnam’s export turnover has increased 21.2 per cent year-on-year.
Commitments for international integration have been implemented, helping reduce import-export taxes. A favorable business environment had aided export activities.
The country’s garment export turnover accounts for four per cent of the world’s total turnover. Total import-export turnover in the first seven months of this year rose by 12.7 per cent from the same period last year.
Chinese hopeful of FTA with Canada
According to Canada-based Global News, China’s ambassador to Canada hopes to make progress on a free-trade agreement with Canada and others. The U.S. and China are locked in a trade war and China is seeking options for imports outside the United States. The trade war includes tariffs on U.S. agricultural products, presenting potential harm to U.S. farmers.
Free trade talks between China and Canada have also slowed as Canada has insisted on a progressive trade deal that would also cover some labor, environment, gender and governance issues. There was little progress on issues that are not directly related to trade.
Canada has its own tensions with China, as earlier this year Canada blocked a $1.5 billion takeover of a construction firm by a Chinese company, starting a trade deterioration between the two nations.
India catering to Turkish demand for manmade fibers
Turkey is one of the major markets for manmade textile products.
India is the second largest supplier of textile and apparel products to Turkey. Manmade textiles is the largest category with a share of 73 per cent in India’s textile and apparel exports to Turkey. This is followed by cotton textiles and apparel having a share of 20 per cent and three per cent respectively.
A large part of the manmade fiber-based fabrics manufactured and processed in India are low value added and primarily supplied to the mass market. In order to give a boost to exports, Indian firms need to invest in manmade fiber-based textile manufacturing processes. Also, the firms that are already manufacturing manmade based textile products should target Turkey as a key market. Moreover, Turkey is also a major importer of cotton textiles. Owing to the availability of raw material and infrastructure, Indian firms have a potential to increase their market share in Turkey in cotton textiles as well.
Manmade textiles are Turkey’s largest imported category, representing 47 per cent of total textile and apparel imports. This is followed by cotton textiles, apparel and others with a share of 26 per cent, 18 per cent and nine per cent respectively.
Athleisure accounts for 24 per cent of US apparel sales
According to the NPD Group’s recently released “The Future of Apparel” report, athleisure currently accounts for 24 per cent of total apparel industry sales and this growth is likely to continue over the course of this year and into 2019.The report further highlights that sales of sweatshirts increased by double digits in the twelve months ending June 2018, while sales of active bottoms increased by 5 per cent.
The report demarcates consumers into six segments, including Connected Consumers, Brand Loyals and Retail Reluctant. It found that Social Shoppers, defined as being ‘fashion and image conscious,’ and ‘comfortable shopping online’, were representative of typical athleisure consumers. The study also points out that athleisure has become mainstream across all segments, having been embraced by consumers from a wide range of demographics.
Changing social attitudes concerning casual wear and increasingly health-consciousness among consumers have also contributed to activewear becoming a staple in the wardrobes of its consumers.
CmiA certifies 40 per cent of cotton in sub-Saharan Africa
Cotton made in Africa (CmiA) currently certifies around 40 per cent of the cotton produced by smallholder farmers in sub-Saharan Africa. Demand from the textile industry for CmiA cotton has increased by around 79 per cent over the last year. Companies that have partnered with CmiA include Tendam Global Fashion Retail from Spain, Vlisco from Holland and Gudrun Sjöden from Sweden. Around 1,033,500 smallholder farmers in sub-Saharan Africa currently work with CmiA to grow cotton in accordance with its sustainability criteria.
According to figures for the FY 2017, demand for CmiA cotton is greater than ever. More than 30 retailers and brands from the textile industry purchase and process the sustainable raw material. Almost all of them have exceeded their targets for 2017. Around 90 million products with the CmiA seal of approval were launched on the market in 2017 in total, representing an increase of 79 percent in comparison to the previous year.
India: YEIDA to set up 200-acre textile park at Greater Noida
The Yamuna Expressway Industrial Development Authority (YEIDA) is in the process of setting up a textile park near the Jewar airport in Noida. The Authority held meetings with Noida Apparel Export Cluster (NAEC) and agreed to allot a 200-acre land to 100 textile businessmen. The park will boost industry growth by creating nearly half a million employment; 90 per cent of whom will be women. It will be ready in a span of three years.
The Yamuna Authority issued a list of 240 units for industrial land. These industries include those for textiles, telecommunications, X-ray machines, air-conditioning, copper metal parts, cotton, cycle, milk testing and its products.
The Noida-Greater Noida area is a textile hub with an annual export capacity of nearly Rs 14,000 crore ($US 2 bn). The domestic readymade garment market also has an annual turnover of Rs 3,000 crore($US 450 mn). Since the land in Noida and Greater Noida is costly, the businessmen are planning to expand their business in neighbouring areas such as Jewar.
ThreadSol to display innovative apparel software solutions
ThreadSol, a pioneer in enterprise material management for sewn products’, will present its range of innovative software solutions at the upcoming Origin Africa 2018 show. The show will be held from September 09-11, 2018 in Nairobi, Kenya.
ThreadSol will introduce technologically driven products to drive African apparel manufacturing by boosting topline and bottom line for manufacturers and differentiate from the extremely competitive environment for breakthrough profits and improved customer service.
ThreadSol solutions- intelloBuy and intelloCut together work with the notion to boost revenue and profits for apparel manufacturers. The solutions work for the buying floor and cutting floor respectively and ensure reduction in fabric expenses at the buying stage and cutting of extra garment pieces at the cutting stage. The overall benefit is automation of the buying and cutting process which ultimately saves hours of manpower in the facilities.
Textile Exchange, Bluesign team up for conferences in Milan
Textile Exchange and Bluesign technologies will organise two back-to-back conferences in Milan focusing on sustainable textile and apparel production. The fifth edition of the Bluesign conference will be hosted by Bluesign Technologies from October 18-19, 2018 at the recently renovated Museo Nazionale della Scienza e della Tecnologia. The two-day event will assess topics including transparency and traceability. It will offer plenty of opportunities for match making and networking with other attendees and sharing your business prospects with like-minded colleagues in the industry.
Textile Exchange will hold its annual Textile Sustainability Conference from October 22-24, 2018 at the Milano Congressi Convention Centre focusing on theme of ‘United by Action: Accelerating Sustainability in Textiles and Fashion’.The conference, with 500 attendees, will focus on the UN’s sustainable development goals, fibres and materials, circularity, microplastics, water usage, and sustainability in the luxury sector.
CITI launches innovative contest for T&C Industry
Confederation of Indian Textile Industry (CITI) has launched ‘InnoTex 2018’- an innovative content in the Indian T&C industry. The contest will invite entries on innovative ideas/concept that have been devised for best design, method, process, product and cost reduction in any area from Ginning to Garment. The task of organising the contest has been entrusted with CITI Young Entrepreneurs Group (YEG).
North India Textile Research Association (NITRA) will be the Knowledge Partner of InnoTex 2018 which will help in proper evaluation of the applications and provide guidance to the applicants. The contest will create innovators by enabling them to showcase their talent to the industry leaders and get instant recognition. It will bridge the gap between the innovators and end user industry and would further guide the researchers on the actual demand of the industry in these areas.
The contest will invite applications from Individuals or a team of individuals not exceeding four. Companies/ institutions cannot directly participate in the event but can sponsor individuals or the teams of innovators. The innovation should not be older than 1st April 2017.
D’décor will be the Principal Sponsor of the event while Lenzing AG and Murata Machinery Ltd will be the Event Supporting Sponsors. The event will give cash awards to the winners apart from felicitating them in front of the entire textile and clothing fraternity.












