Apparel Online India Magazine April 2nd Issue 2018 | Page 54

TRADE STATISTICS
Canada Apparel Imports
January to February 2018
Canada bullish about stable clothing market in 2018
The apparel retail industry is in a state of transition and 2018 will prove to be an interesting year. Canada is
no exception, provided with the fact that more than 50 international retail brands entered Canada by opening
stores during 2017 and the expansion spree is expected to continue. Further, NAFTA is still uncertain but, with
CPTPP and CETA coming as legal pacts, Canada is all set to see stable trade all through the year. This as a
whole is surely going to impact the Canadian clothing import too in 2018 which remained fluctuating all through
2017.
Canada Imports
0.60 %
The knitted apparel reported
0.20% surge during the review
period, whereas the woven
segment saw dip of (-) 1.36% in
value terms.
B’Desh Exports
2.76 %
Bangladesh tumbled in both
knitted and woven garment exports
to Canada by (-) 5.48% and
(-) 0.99%, respectively during
the review period.
India Exports Sri Lanka Exports Vietnam Exports
3.82 % 6.42 % 1.82 %
During the review period, the value
of Indian knitted apparel exports
increased by 18.42%. However, the
values were down by (-) 6.36% in
woven segment.
During the period, the country
noted (-) 7.66% drop in its knitted
garment exports to Canada,
whereas woven segment exports
tumbled by (-) 4.66%.
Knitted garment exports from
Vietnam to Canada saw rise by
notable 8.06%, while export of
woven garments was down by
(-) 4.19%.
Pakistan Exports China Exports Indonesia Exports
26.23 % 5.37 % 1.23 %
In woven category, the Pakistan’s
export values were up by 8.39%.
On the other hand, knitted
segment exports to Canada
registered growth of 48.93% on
Y-o-Y basis.
In the knitted garment exports,
China fell by (-) 6.06%, while
the woven garments also noted
negative escalation by (-) 4.73%
during the period under review.
In the knitted garment exports,
Indonesia surged by 6.20%, while
woven garments fell by (-) 2.73%
on Y-o-Y basis.
That’s massive! Pakistan denim exports to US climb 36.52%
Amidst plummeting textile and apparel exports, Pakistan noted a massive surge in its denim trousers’ exports to the US during
January to February 2018 period.
The country marked a staggering 36.52 per cent growth on the Year-on-Year basis and shipped trousers to the US worth US $ 41.16
million.
The surge in denim trouser exports, thereby, has held the key to revive Pakistan’s fluctuating textile and apparel export industry.
As per Apparel Resources analysis, the category contributed 18.54 per cent to overall Pakistan’s apparel exports to the US which
valued at US $ 222 million during the said period.
Men and Boys (MB) denim trousers earned US $ 13.12 million (up 10.43%) for the country through exports to the US. On the other
hand, the export of Women and Girls’ (WG) denim trousers posted a massive growth of 53.45 per cent and clocked US $ 28.04
million.
It’s pertinent to mention here that denim remains the key product for Pakistan as the country targets acceleration in its apparel
exports by the end of the current financial year.
The country even announced to give tax breaks to exporters last year, to reverse a 3-year slump in exports with value-added
products like denim getting the biggest incentives.
54 Apparel Online India | APRIL 16-30, 2018 | www.apparelresources.com