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Wages in Cambodia are about one-third the level of those paid in China. And that's part of why Cambodian Minister of Commerce Chanthol Sun hopes to win more connections between his country’s economy and that of Washington state.
"We’re hoping by furthering the ties and relationships, we can build on those relationships and have further commerce between the state of Washington, and Cambodia,” he said during a visit to Seattle this week.
Sun, accompanied by U.S. ambassador to Cambodia Willia
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The exports of fabric and garments from the Southeast Asian nation of Vietnam jumped 18 percent year-on-year to US$ 7.505 billion in the first five months of 2014, according to the preliminary data released by the Customs IT & Statistics Department, General Department of Customs, Vietnam’s Ministry of Finance.
With goods worth $3.685 billion, the United States was the largest importer of Vietnamese fabric and apparel during January-May 2014 period. Japan and South Korea were the other mai
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Vietnam’s garment and textile industry has so far posted a year-on-year rise of 16.4% in export value to reach US$10.21 billion.
The highest growth was seen in the Republic of Korea market with 30.1 percent, followed by the US and Europe, 14.5% and 11.3%, respectively, said Tran Viet, head of the market department of the Vietnam National Textile and Garment Group (Vinatex), at a press conference in Hanoi on June 16.
Since the beginning of this year, the State-run group
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Though the Chinese soccer team is again absent from the World Cup, Chinese products, from mascot Fuleco to official instrument the caxirola and hybrid buses, stand out.
"Since March, our factory has continuously received overseas orders. By the opening of the event, we had exported more than one million footballs," said Wu Xiaoming, general manager of a sports products manufacturer in Yiwu City, in East China's Zhejiang province. Many orders came from South American countries.
The World
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The earnings from sales of cotton are likely to increase in the current season to E16 million owing to significant increase in production, according to Minister of Agriculture Moses Vilakati.
The production of cotton in Swaziland has increased significantly from 394 tons to 2,485 tons between 2008 and 2013, Minister Vilakati said during the launch of cotton ginning for the 2014 season at Big Bend in eastern part of the country, Swazi Observer reported.
The Minister said that income from co
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Football fever will outshine electoral excitement as a fillip to apparel sales, the Indonesia Textile Association chairman predicted over the weekend.
Ade Sudrajad said the association estimated supporter outfits for the 2014 World Cup would add 15 percent to Indonesia’s clothing exports, bringing to $3.5 billion sales over the first six months of this year.
Those $525 million worth of jerseys and jackets would boost overall textile product exports to $13.5 billion, he said.
Sales have
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The first three quarters of this year have witnessed a reasonable boost in export of readymade garments which touched US$ 1430.43 million mark, showing an increase of 9.36 percent as compared to same period last year.
The readymade garments area fetched US $ 1308.002 million in July-March 2012-13 while the exports also increased to 21.806 million dozens in various types of readymade garments this year from 19.971 million dozens last year.Textile Ministry sources on Sunday said readymade garment
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Pakistan is the 1st largest exporter and 4th largest producer of the cotton yarn around the world. Pakistan textile is the backbone of Pakistan’s industry. Over the past few years, textile sector face a huge decline in national and international market but now it is coming back to its original form and start helping the Pakistan’s economy.
As a largest industry of the country, textile is shining star in terms of profitability because of regional demand and profit margin. We took the sample o
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The Sri Lankan apparel trade today is well renowned around the world to be the most cutting edge and innovative when it comes to apparel manufacturing in the world. With a very long history of manufacturing in the island and throughout the challenges which this industry has faced to this day the garment manufacturing stands much stronger than it has been ever before where the exports from this industry within a year increased by 11% (which was the biggest increase annually in 2013 compared with
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Notwithstanding the stronger rupee and slower growth in Western markets, India's apparel exports are set to cross $ 17 billion mark in FY'15 from $ 15 billion in FY'14, a senior industry official said here today.
"India's total textile exports stood at $ 32 billion of which apparel exports were $ 15 billion in FY 14. The industry is doing well and we expect apparel exports to touch $ 17 billion this year, a growth of 15 per cent," Clothing Manufacturers' Association of India (CMAI) Chairman,