The value of apparel imports made by Japan in August 2013 increased by 21.4 percent year-on-year to 280,732 million yen, according to a Japan Textile Importers Association data based on the Ministry of Finance trade statistics. By volume, Japan’s apparel imports increased by 2.9 percent year-on-year to 371.059 million units, according to the report, Asiantex.com reported. August was the fifth consecutive month when Japan’s apparel imports increased both in terms of value and volume. Chi

Chinese Premier Li Keqiang and Vietnamese Prime Minister Tan Dung agreed to lift up the two-way trade value between the two countries to US$ 60 billion by 2015, while implementing practical solutions to keep trade balanced, during their talks in Ha Noi. China is a major supplier of yarn and fabric for Vietnam’s flourishing apparel industry, while only a fraction of Vietnamese apparel exports make their way to the Chinese market. With US$ 2.1 billion worth of exports, China continued to be

Zimbabwe's Cotton Ginners Association (CGA) says it is targeting to contract farmers in the country to produce 250,000 tonnes of cotton in the coming cropping season. CGA director-general Godfrey Buka told New Ziana here Wednesday that ginners were making final preparations for the 2013/14 season. "They are registering growers culminating in the establishment of a common database which will facilitate elimination of multiple registrations. Following registration, contractors should be abl

Clothing exports from Bangladesh soared over the summer because global retailers expanded orders despite a string of deadly industrial accidents and concerns over the rights of workers at the country's garment factories. Garment exports climbed 24% during July through September from the year-earlier period, according to figures released by the Bangladesh Export Promotion Bureau. The new data—released just days after a deadly fire at a fabric mill in Gazipur, Bangladesh—highlight the reali

The Ministry of Textiles is going to write to the Ministry of Commerce and Finance this week to restore export benefits under focus market scheme for cotton yarn. "We are weighing this and will write to the ministry of finance and commerce to withdraw the decision to remove export benefits under focused markets scheme by this week," K S Rao, union textile minister. Latin America and Africa came under focused markets for cotton yarn exports scheme. The scheme was withdrawn towards the end

Treading in the wake of the federal courts ruling against e-commerce marketplace Tradekey.com, Taobao Marketplace announced a partnership with French luxury brand Louis Vuitton in its continued fight against counterfeit products in China. Taobao Marketplace, part of the Alibaba Group, launched in 2003 and is currently a well-established consumer-to-consumers online marketplace based in China. Taobao offers over 800 million product listings and in 2012 had reached over 500 million registered u

Photo for illustration. baocongthuong.com.vn Vietnam’s footwear exports are expected to increase significantly from the fourth quarter of the year because of importers’ shifting orders from other markets. According to the Ministry of Trade and Industry, importers will move their orders from countries such as China to make the most of Vietnam’s low labour costs and lower import taxes from the EU by 2014. Furthermore, the importers are shifting their orders to take advantage of Vietnam’s

The exports of garments and textiles from Vietnam increased by 18 percent year-on-year in the first nine months of the current year to US$ 13.154 billion, according to data from the Ministry of Industry and Trade. Of this, the exports of fabric were worth US$ 538 million, up 6.3 percent year-on-year. The US continued to be the largest importer of Vietnamese apparel and it accounted for 49 percent of all Vietnamese garment and textile exports from January to September this year. The EU,

Vietnam will import an estimated 580,000-600,000 tonnes of cotton this year, up by nearly 15 percent from last year's figure. In the first nine months of the year, cotton import reached nearly 430,000 tonnes, worth US$864 million, a year-on-year increase of 35 percent. The Vietnam Cotton and Spinning Association attributed the increase in cotton import to rising demand for cotton fibers of domestic garment and textile firms. Last year, Vietnam purchased 420,000 tonnes of cotton from a

Wool industry representatives are trying to unravel the mystery of an unexpected drop in the amount of wool coming forward for auction. Thursday's South Island sale had fewer than 8000 bales on offer, which was about 40% below the amount which had been anticipated, while the amount of wool for next week's North Island sale is 25% lower than what had been rostered. That's even more of a surprise, as recent North Island sales have been offering more than the amount forecast. New Zealan