Development Trend Of Asian Textile And Garment Industry In The First Half Of 2014

According to the latest statistics, the textile and garment industry of developing countries in Asia is still on the track of steady growth in 2014.

The potential for growth after the reform began to be released. According to the data of India Central Bureau of statistics, the output of India textile products increased for twenty-ninth consecutive months in June 2014, an increase of 1.1% over the same period last year.

In the first half of this year, the output of India's textile products increased by 4.6% over the same period last year. According to projections, India's textile output this year will increase for sixth consecutive years.

Vietnam's textile and garment industry has a strong momentum of development. With the advantage of low wage, it greatly promotes the export of textile and clothing. At the same time, it also seeks to attract foreign investment opportunities in high-end clothing industry.

According to statistics, the export volume of Vietnam's textile and garment industry in the first half of 2014 was 10 billion 400 million US dollars, up 18.4% over the same period last year.

According to HSBC's Vietnam trade forecast report issued by HSBC, Vietnam's textile and garment exports to China are expected to double by the year 2020.

Turkey, Sri Lanka and Kampuchea textile and apparel products have achieved stable growth in varying degrees.

Among them, Thailand, Pakistan and Sri Lanka, which were treated by the EU GSP, grew significantly year by year.

In the first half of this year, export growth of Bangladesh textile and apparel slowed down compared with the same period last year, but only 0.79% year-on-year growth in July.

Pakistan textile export downturn was eased due to the increase in China's cotton yarn demand. In July, Pakistan's textile and apparel exports were 1 billion 154 million US dollars, a year-on-year decrease of 4.63%, an increase of 3.59% compared to the same period, of which cotton yarn exports decreased by 32.78% compared to the same period last year, decreasing for the eleventh consecutive month.

The Tenth International Uzbekistan cotton and Textile Fair will be held in Tashkent on October 13th -14.

According to the Wudang media, the tenth international cotton and Textile Expo in Uzbekistan will be held in Tashkent in from October 13th to 14th.

The organizer of this event is the Ministry of foreign trade and economic cooperation of Uzbekistan. The helper is the Ukrainian commodity exchange, Ukrainian Cotton Association, Wu cotton quality appraisal center, Ukrainian light industry company and other departments.

The Expo aims to further expand the long-term cooperation between Ukraine and major international trade organizations and major cotton processors, analyze the development trend and development prospect of the international cotton market, and introduce the latest quality parameters and latest developments of Ukrainian cotton market to Ukrainian cotton buyers.

A large number of Ukrainian cotton and Ukrainian cotton buyers will also be able to sign cotton futures cotton contracts with uwu suppliers.

During the Expo, roundtable meetings will be held between buyers and suppliers of Ukrainian cotton.