Page 10 - TEXtalks International October/November 2022

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China losing share in US Textile &
Apparel market: US official data
According to the official US data, China is losing its textile and apparel share by 22.9% in September 2022
compared with the corresponding period.
The Chinese share was grabbed by its non-traditional rivals. Pakistan, India, Bangladesh and Vietnam did take
that share as much as countries like Malaysia and Turkey.
Imports of textiles and apparel (T&A) from China were valued at $2.98 billion in September 2022, depicting a
decline of 22.9% over September 2021; imports from India were up 24.4% to $796 million, and imports from
Egypt valued at $670.4 million depicting an increase of 66.6%. The US imported textile and apparel worth
$618.6 million from Vietnam, showing an increase of 15.1%, and Turkey posted a massive increase of 83.3% as
T&A worth $434.4 million entered the US market. Mexican T&A worth $397.3 million entered the US, recording
an increase of 40.5%.
The US importers booked T&A from Malaysia worth $348 million, showing a huge increase of 1170% over the
imports recorded from this country in the corresponding month of 2021. The imports of T&A from Bangladesh
increased by 17.5% to 302.5 million. Pakistan could manage to increase its exports in September by 8.6
percent to $270 million when compared with the same month last September.
Pakistan Customs and APTMA
collaborate on trade digitization
Pakistan Customs and the All Pakistan Textile Mills Association (APTMA), a premier body of the textile industry,
are collaborating with each other on trade digitization.
The World Bank and other allied agencies are also providing assistance to Pakistan Customs on how to
mitigate unnecessary damages at ports.
Federal Board of Revenue (FBR) has rewritten trade-related schemes into a single structure, called Export
Facilitation Scheme (EFS) besides embarking on the journey of digitizing the port activities under the Pakistan
Single Window Programme in line with the World Trade Organization (WTO) and the World Customs
Organization (WCO) standards.
Meanwhile, APTMA has started organizing workshops for the managements of textile mills in the country. It has
proved a win-win situation for both sides, as Pakistan Customs not only disseminates necessary information to
the industry but also gets valuable feedback on how to improve is initiatives out of the field experience of the
APTMA member mills.
October/November 2022
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IGATEX PAKISTAN
Upcoming exhibition with the increasing
grip across the textile sector
FAKT Exhibitions (Pvt.) Ltd. brings back the most awaited event IGATEX PAKISTAN - 13th International
Garment & Textile Machinery Exhibition and Conference to Lahore. The pioneering event of its kind will mark
its presence at Expo Centre, Lahore from 1st to 4th December 2022.
The tradeshow is a professionally enriching experience for the textile machinery manufacturers and will
introduce high-level garment and textile technology, machinery, and equipment which will provide business
opportunities and add value to our exports hence, will increase the product worth that will positively affect the
economic well-being of Pakistan. The event is known to not only introduce the newest expertise, but also
improvise trade benefits, and increase foreign investments and spending through business visits by
international delegates.
In two decades IGATEX PAKISTAN has become an increasingly significant garment and textile event with its
scale setting new records every year. Key players will showcase their latest denim, digital and screen-printing
innovations, and products for textile applications which will further strengthen the industry with state-of-the-art
technology and practices.
IGATEX PAKISTAN being the biggest garment and textile machinery tradeshow in Pakistan gathers more than
500 exhibiting companies from 30 countries including Austria, Belgium, China, France, Germany, Italy, Japan,
Korea, Spain, Switzerland, Taiwan, Turkey, UK, USA, etc. with a number of innovative and versatile machinery
models to be debuted at the event. It is the only event in Pakistan for the textile and garments industry and
has been setting records every year. Last year it attracted more than 550 exhibitors from 35 countries. Over
25,000 visitors visit IGATEX PAKISTAN every year.
Technology upgradation in textiles is long due. Many textile sectors are operating on obsolete technology.
They are losing out to efficient exporters operating in other countries. This exhibition will help them close the
technology gap. Pakistan in the last four and half years has imported textile machinery worth $2.5 billion. We
need to add new textile technologies worth at least $10 billion to expand our global reach and attain the
targeted $50 billion in textile exports. IGATEX PAKISTAN will include standalone demonstrations of various
cutting-edge industry tools & technology and offer emerging innovative technologies from all over the world.
The event has played a pivotal role in the development of the garment and textile industry by introducing
efficient machinery to local manufacturers and is bound to bore success and growth for the industry.
October/November 2022