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Related Keywords: china and Bangladesh, clothing and textiles sector, European fast fashion industry, expertise in denim, jostling to become a sourcing hub, Morocco, newer markets, north African country, prides itself on speed, representing trade show, rising costs and concerns over compliance, taking advantage of geographical ­location, wovens and knitwear

Morocco, the north African country having clothing and textiles sector that prides itself on speed, and has expertise in denim, wovens and knitwear. It is also jostling to become a sourcing hub for Europe’s fast fashion industry, taking advantage of its geographical ­location and the rising costs and concerns over compliance that begin to bite in China and Bangladesh, newer markets, such as Myanmar and Vietnam, are vying to become the next big sourcing heavyweights.

Related Keywords: April to July period, china and Bangladesh, Chinese textiles mills, comprises around fifty percent, cotton yarn exports of India, current financial year, Domestic cotton yarn manufacturers, from two large destination, overall shipments from India, slow pick up, Vietnam gaining market share, witnessed decline, zero tariff on imports to China

Cotton yarn exports of India in the April- July period of the current financial year witnessed decline by 9.79 percent due to slow pick up from the two large destination China and Bangladesh, which comprises around 50 percent of overall shipments from India.

China is the single largest market for Indian cotton yarn, accounting for 31 percent of country’s exports. Therefore, a substantial decline in exports to China has a major impact on overall export performance. Exports to China have declined by a staggering 48.58 percent during the April–July period in 2017.