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EU lost its top spot to the US of Vietnam’s largest export market in 2014

Related Keywords: ASEAN ranked third, fibers and yarns, Foreign direct investment, Japan, textiles and garments, US surpassed EU, Vietnam export, Vietnam’s biggest export market

Vietnam raked in $28.5 billion from exports to the U.S. in 2014, up 19.6 percent compared with 2013, according to the General Statistics Office of Vietnam (GSO). In particular, the fastest growth rate was seen in such groups as textiles and garments (13.9 percent), footwear (26.1 percent), wood and wooden products (12.8 percent), and electronics, computers and components (45 percent).

Texworld Istanbul first edition records 115 exhibitors from 10 countries

Related Keywords: 10 countries, 115 exhibitors, accessories, Apparel fabrics and accessories fair, celebrating premiere, cotton, denim dyeing technology, design offices, embroidery, exhibiting, fibers and yarns, fully booked, functional fabrics, knitted fabrics, lace, linen, Messe Frankfurt, prints, silk, silky aspects, Texworld Istanbul, Turkey, wool, wool blends

Texworld Istanbul, apparel fabrics and accessories fair both in Turkey and surrounding regions, is celebrating its premiere The trade fair is fully booked with 115 exhibitors from 10 countries, China, France, Germany, India, Indonesia, Hong Kong, Pakistan, South Korea, Taiwan and Turkey.

Indonesia need to increase focus on its TPT industry

Related Keywords: fibers and yarns, Garments, Indonesia textile association, Indonesian TPT industry, manufacturing sector, rupiah fluctuations, TPT exports

The textile and textile products (TPT) industry is one of the important manufacturing sectors in Indonesia, with gross domestic product (GDP) valued at Rp 172.4 billion (US$14.4 billion) in 2013. Currently, the TPT industry continues to encounter many challenges and uncertainties, based on that the Indonesian Textile Association (API) has estimated that Indonesian TPT exports will reach $12.9 billion in 2014 which is lower than the previous projection, which was $13.3 billion.
 

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