Taiwan's textile exports grow 17.8% in Jan-May 2021

According to the data, Taiwan exported $231.316 million worth of fibres during the January-May 2021 period, which accounted for 6.32 per cent of all textile and garment exports from the country.

Yarn exports earned $531.584 million and accounted for 14.52 per cent of all Taiwanese textile and apparel exports during the period under review. While fabric exports' share was 68.04 per cent.

Apparel exports were valued at $177.905 million, whereas madeups fetched $229.432 million for the country.

Vietnam and China were major markets for Taiwanese textiles with these countries importing goods worth $998.823 million and $587.406 million, respectively, during the period under review.

Region-wise, the EU-27 nations imported $138.164 million worth of textiles and garments, accounting for 3.77 per cent share of all textile and clothing exports made by Taiwan during the period, while the US imported goods valued at $297.892 million, contributing 8.14 per cent to Taiwanese exports.

During the same period, Taiwan’s textile and clothing imports stood at $1.534 billion, registering a growth of 20.71 per cent year-on-year. Nearly half or $765.224 million worth of imports belonged to the apparel category, whereas fibre imports accounted for $138.685 million, yarn $222.084 million, fabric $235.992 million, and madeups $172.062 million.

Fibre2Fashion News Desk (RKS)