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The dollar value of China’s apparel exports in the six months to June grew 4.3% year on year, says Clothesource Tradetrak. But to rich countries overall, they grew 8.4% – led by exports to the EU, which grew 21.4%, while exports to the US grew 7.7%.
The EU imported 17% more clothes from outside the EU in June than in June 2013 – meaning rich-country garment imports grew 5.7% year on year in the second quarter. Rich country imports in June grew 10.6%, as surges in the US and EU outweighed Q2 falls in Japanese demand.
Chinese involvement is central to most – but not all – of the new wave of strategic transport initiatives unveiled or re-presented in early August.
Amid a raft of official government-inspired garment industry “visions” on this website, there’s something very weird about a claim in early August that Indonesia’s government “expects” its garment and textile exports to grow six fold between now and 2030.
Lenzing have just completed, at a cost of €150 mn ($200 mn) a new Tencel factory that increases the group’s Tencel capacity 42%. At an apparent cost of $1.4 MILLION per job saved.
The challenge of China’s apparel productivity miracle seems invisible to the inventors of India’s Vision
China’s extraordinary miracle in driving up its garment garment workers’ wages, while improving their competitiveness on the world market, appears to be one of the great achievements of industrialisation. But India’s policy makers seem completely unaware of its implications for their long-term plans.