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| Argentina |
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Imports of Readymade
Garments by LAC region & India’s share as supplier with Special Reference
to Argentina
Argentina is ranked as the 8th largest importer
of RMG in the LAC Region with imports to the tune of 227.17 Million USD
constituting 1.67% share in LAC Region. RMG Constitute 0.43% share in Argentina’s global imports. Argentina’s imports of Ready-made garments showed a growth of
30.20% in Yr. 2005 over Yr. 2004. The table below depicts Argentina’s Imports of RMG during the last 3 years
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| Brazil |
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| Brazil’s appears as the 58th largest importer of RMG in World Imports (provisional figures for 83 countries) in the year 2006 with total of RMG in the year 2006 was to the tune of 346.88 Million and showed a growth of 52.70% over previous year. Imports from India has improved drastically showing a growth of 60.34% over previous year. India’s share has steadily improved over the period of last five years from 4.83% in 2002 to 6.67% in 2006 however, it showed a decline in the year 2003 & 2004 when India’s share came down to 3.86% and 3.79% respectively. Brazil’s total exports of RMG was to the tune of US$ 272.98 Million in the year 2006 showing a decline of –18.94% over the previous year. Total exports by Brazil in the year 2002 were to the tune of US$ 214.751 Million. Major export destinations of Brazil for RMG in the year 2006 were mainly USA (31.72%) and Latin American Countries namely Argentina (11.32%), Chile (6.03%), Uruguay (4.24%), Paraguay (3.28%), and Mexico (2.39%) constituting 27.26% share. Besides these, other major destination countries included EU Countries namely Spain (6.69%), Italy (3.74%), Portugal (2.99%) and Germany (2.89%).
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| China |
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India’s Export Competitiveness of Readymade Garments & China’s Strength.
China appears as the top supplier of Readymade Garments in the world & constitutes approx. 25% share. India with a share of over 3% is the 5th major exporter of RMG after Hong Kong Italy, Germany & Turkey
India’s Exports of RMG to the world was to the tune of 8.08 billion USD in Yr. 2005 whereas China’s Exports in Yr. 2005 stood at 65.9 billion USD.
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| EU |
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India & Exports of Ready made Garments to EU (25).
EU appears as the traditional strength area in India’s exports of RMG & constitutes approx. 45% share in India’s total exports of RMG. India’s exports to EU has increased since Yr. 2001 & registered growth of 51.4% in Yr. Apr 05 – Mar 06.
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| Germany |
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India’s RMG Exports to Germany Increases by 50% in 2005-06(with specific analysis of T-Shirts – Germany’s top RMG item imported from India)
India’s exports of RMG to Germany were to the tune of 678.68 million USD & registered a growth of 50.62% in Year 2005-06 over the previous year. Articles of apparel and clothing accessories, knitted or crocheted (HS Chapter 61) constituted 54.47% with a growth of 43.97% and Articles of apparel and clothing accessories, not knitted or crocheted (HS Chapter 62) constituted the balance 45.53% share with a growth of 59.42%.
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| India |
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Trend in World Imports & India’s Exports of Knit and
Woven Apparel/span
Readymade Garments are covered under HS Chapters 61 (Articles of Articles of apparel, accessories, knit or crochet) and 62 (Articles of apparel, accessories, not knit or crochet). An analysis of trend in World Imports of Readymade Garments – Knit Apparel and Woven Apparel has been provided in the ensuing.
India’s Exports of RMG – knit and woven apparel amounted 2005-06 US$ 8.626 Billion and showing a growth of 31.22% over the previous year with a Compounded Annual Growth Rate (CAGR) of 9.11% over the last 6 years period i.e. 2000-01 till 2005-06 when the total exports of RMG were worth US$ 5.577 Billion. The RMG constituted 7.87% and 8.37% share in India’s total exports during the year 2004-05 & 2005-06 respectively.
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| Japan |
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Imports of Readymade Garments by Japan & India’s share as supplier
India’s Exports of the RMG to Japan (i.e. knit and woven apparel) showed an increase of 39.40% in 2005-06. In value terms, India’s Exports of Readymade Garments to Japan was to the tune of US$ 84.92 Million in the year 2004-05 which grew in the year 2005-06 to cross the 100 Million of US$ 118.38 Million. Japan constituted 1.37% share in India’s Exports of RMG in the year 2005-06. RMG constituted 4.77% share in India’s Total Exports to Japan.
While Woven apparel (HS 62) constituted 88% share in India’s RMG exports to Japan, Knit apparel only constituted 12% share in India’s RMG Exports to Japan. In India’s RMG Exports to Japan, Woven apparel showed a growth of 42.11% whereas growth in exports of Knit apparel is only half i.e. 22.30% in the year 2005-06.
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| Kazakhstan |
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India’s Exports of Readymade Garments to Kazakhstan.
Kazakhstan appears as the 4th major importing country for Readymade Garments in the CIS region after Russia, Kyrgyzstan & Ukraine.
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| Mexico |
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Imports of Readymade
Garments by LAC region & India’s share as supplier with Special Reference
to Mexico
India’s Exports of the RMG to LAC (i.e. knit and woven apparel) showed an increase of 33.05% in 2005-06. The LAC Region constituted a share of 1.78% in India’s Total RMG Exports. RMG Exports to LAC constituted 4.64% share in India’s Total Exports to LAC Region in the year 2005-06.
In value terms, India’s Total Exports of RMG to the LAC Region in the year 2005-06 was to the tune of US$ 138.92 Million, which was US$ 104.41 Million in the year 2004-05. India’s Exports to LAC Region during the last 10 years grew at a Compounded Annual Growth Rate of 7.01%.
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| Russia |
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Trends in Russia’s global imports & India’s Exports of RMG
Russia constitutes approx. 0.4% share in World Imports of RMG. Russia is top importing country for RMG in the CIS region with approx. 53% share in total imports of RMG by CIS region.
Russia’s imports of Readymade Garments (HS Code 61 & 62) were to the tune of 1.5 billion USD & RMG constituted 1.6% share in the Russia’s total imports. Russia’s imports of Ready made garments have shown a growth of 85.7% in Yr. 2006 over Yr. 2005. Russia imports from India increased from 11.4 million USD in Yr. 2005 to 29.2 million USD in Yr. 2006 registering growth of 154.5%.
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| South Africa |
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South African RMG Imports from India Increase by 70% in 2005
South Africa’s Imports from India during the year 2005 were to the tune of US$ 51.50 Million and registered a growth of 70.10% in Year 2005 over the previous year. The growth in imports from India was 47.75% in the year 2004. Articles of apparel and clothing accessories, knitted or crocheted (HS Chapter 61) constituted 27.61% share with a growth of 61.04% and Articles of apparel and clothing accessories, not knitted or crocheted (HS Chapter 62) constituted the balance 72.39% share with a growth of 73.82% in 2005. South Africa’s Global Imports of RMG registered a growth of 33.43% in Yr. 2005.
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| Sri Lanka |
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Sri Lanka , at present, manufactures the entire range of apparel without much specialization in specific product categories. However, with the increasing sophistication of the market coupled with the skill, training and experience of the labour force Sri Lanka is seriously considering specializing its production / output so as to become internationally acceptable as a superior manufacturer of specific product lines.
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| Switzerland |
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Imports of Readymade Garments by Switzerland and India’s share as supplier
Switzerland is ranked at the 19th position in India’s Exports of RMG which were to the tune of US$ 54.96 Million, constituting 11.46% share in India’s Total Exports to Switzerland of US$ 479.52 Million in the year 2005-06. In India’s Exports of RMG in the year 2005-06, Switzerland constituted 0.64% share.
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