Textile & Clothing Trade Environment

Currency Trends in Emerging Countries: January-September 2018 (Monthly Report)

1 October 2018 - Emerging currencies have sharply dropped in the first three quarters of 2018, potentially boosting exports to the Western markets. The US Fed has further raised its benchmark interest rate in September, offering therefore some more support to the US dollar. The Turkish lira has sharply rebounded whereas the Sri Lankan rupee was plunging. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period. Full Report...   Sample Report...   Table Of Content...

US-China Trade War: Impact of Additional U.S. Textile Tariffs (Statistical Report)

25 September 2018 - The US administration has just imposed 10% additional tariffs on a large number of textile products from China. Although 26 tariff lines have been excluded from the list, additional tariffs could have a significant impact on production costs for industries using these textile fibers, yarns and fabrics, especially after January 1st, when tariffs will be possibly raised to 25%. By contrast, US sanctions will have a negligible impact on China's textile exports, EmergingTextiles.com has found. Our statistical report offers a detailed view of US textile imports from China per HS chapter from HS 50 to 60, with China's share of US imports and US share of China's exports being calculated. Comprehensive data are available for download. Full Report...   Table Of Content...

Minimum Wages in Apparel Manufacturing Countries: Bangladesh vs other origins (Statistical Report)

21 September 2018 - Bangladesh has officially announced a 51% rise of its minimum wage at apparel plants, effective from December 1st. This sudden surge in its labor costs should however be rapidly digested by domestic exporters, thanks to higher productivity levels. In addition, minimum wages had not been raised for five years in Bangladesh, whereas being significantly increased in rival countries. Currency variations are also limiting the impact of higher wages in local currency terms. Our report displays minimum wages in low-cost apparel manufacturing countries in Asia, from January 2015 to last quarter 2018, in local currency and US$ terms. A 3-year comparison is available in local currency terms, fixed US$ terms, and current US$ terms. Full Report...   Sample Report...   Table Of Content...

Currency Trends in Emerging Countries: August 2018 (Monthly Report)

3 September 2018 - Most emerging currencies have depreciated in August, as a result of a still bullish dollar, rising oil prices as well as potential contagion from Turkey’s currency crisis. China’s central bank has meanwhile announced to keep a tighter grip on its exchange rate. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period. Full Report...   Sample Report...   Table Of Content...

Currency Trends in Emerging Countries: July 2018 (Monthly Report)

1 August 2018 -The renminbi has once again fallen drastically against the dollar in July amid trade tensions with the US, raising speculations about a currency war and putting pressure on authorities to take countermeasures. The Turkish lira also continues to depreciate amid the country’s crisis, fueling worries around the central bank’s independence. Following a period of harsh depreciation, the Indian rupee has in July remained stable due to interest rate increases and lower oil prices. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period. Full Report...   Sample Report...   Table Of Content...

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