Apparel Online Bangladesh Magazine September Issue 2018 | Page 55

BEYOND BD Kenya is Africa's top apparel exporter to the US in H1 '18 Continuing the growth in apparel exports to the US market, African countries are sending a clear message to the rest of the world that Africa certainly is an emerging apparel sourcing region. The data is recently released by OTEXA and analysed by  Apparel Online. During the first half of 2018, Kenya topped the exporting destinations list of Africa with US $ 165 million worth of apparel exports to the USA, posting 3.92 per cent yearly growth. Lesotho, second in the list, noted double-digit growth of 16 per cent and shipped US $ 146.33 million worth of apparels to the US market. Madagascar too reported a profitable first half of 2018 and grew by 21.83 per cent on Y-o-Y During the first half of 2018, Kenya topped the exporting destinations list of Africa with US $ 165 million worth of apparel exports to the USA, posting 3.92 per cent yearly growth. basis. Madagascar exported apparels worth US $ 85.50 per cent to USA during January to June period this year. On the other hand, Mauritius and Morocco were also up, though not massively, by 0.31 per cent and 3.65 per cent in their respective exports and clocked US $ 65.45 million and US $ 66.37 million, respectively. million worth of apparels to its largest market, thanks to FDI it attracted in recent times. Ethiopia grew almost two times from its export figures of the same period prior year. Posting a stellar surge of 96.28 per cent, the country exported US $ 45.16 However, Tanzania could not capitalise on the opportunities that USA provides and fell by 1.38 per cent to ship apparels worth US $ 18.84 million in the said period. Pakistan RMG industry pins hopes on new Government The new Government in Pakistan needs to strongly enhance textile exports and also implement policies to promote industrialisation in the nation. This was recently stated by Sheikh Luqman Amin, Senior Vice Chairman, Pakistan Readymade Garments Manufacturers and Exporters Association, PRGMEA, while backing the new Government. Sheikh Luqman wished Asad Umar, who in all probability may get the Ministry of Finance, and assured him complete support in transforming the economy of Pakistan. The PRGMEA Senior Vice Chairman also called the Govt. to immediately take steps to clear the pending refund cases to avoid an economic collapse of the industry. He further remarked that the poor economic situation in Pakistan was owing to low exports and high imports, and therefore Government needs to take strong measures to ensure that garment and textile exports are enhanced. The PRGMEA Senior Vice Chairman also called the Government to immediately take some steps to clear the pending refund cases so as to avoid an economic collapse of the industry. He quickly added, however, that PRGMEA was hopeful that the new Government would take the nation towards the path of growth and prosperity and renewal of GSP Plus status for another two years will boost exports in Pakistan. Notably, the apparel sector in Pakistan currently generates maximum employment in the textile value chain. www.apparelresources.com | September 2018 | Apparel Online Bangladesh 55