13th August, 2002
Ministry of Textiles  


REVIEW OF EXPORTS TO COUNTRIES UNDER RESTRAINTS

EXPORTS OF READYMADE GARMENTS DURING JANUARY-JULY 2002


Exports of readymade garments to Restricted Countries during January-July 2002 have amounted to 714.5 million Pcs valued at US$ 2497.7 million (Rs. 12175.50 crore). Export of readymade garments to restricted countries increased by 7.31% in terms of quantity and by 3.11% in terms of value (US$), when compared to the same period of previous year.

Exports to USA, during January-July 2002 have amounted to 239.9 million pcs valued at US$ 1168.3 million (Rs. 5696.71 crore). In comparison to Jan-July 2001, quantity has increased by 28.91% and value (US$) by 3.24%.

Exports to E.U., during the period under review have amounted to 433.0 million pcs valued at US$ 1208.8 million (Rs. 5890.95 crore). When compared to the same period of last year, there has been a decrease of 0.57% in quantity while an increase of 5.37% in the terms of value (US$). In comparison to the same period of previous year exports to Portugal, Spain, Ireland, U.K., Denmark, France, Italy and Sweden show an increase while export to other countries of European Union have shown a decline. Garment export to Spain has shown the highest increase of 54.48% in terms of value (US$). The overall export in terms of value has increased whereas export in terms of quantities has decreased.

Exports to Canada during January-July 2002 have registered a decrease of 5.88% in terms of quantity and 16.02% in terms of value (US$) when compared to the same period of previous year. During the period under review, Exports have amounted to 41.6 million pcs valued at US$ 120.6 million (Rs. 587.84 crore).

GARMENT EXPORT PERFORMANCE DURING THE MONTH OF JULY-2002

Exports of garment to restricted countries during the month of July-2002 has been registered 93.6 million pcs valued at 379.0 million US$ (Rs. 1844.91 crore). However during July 2001 it was 81.1 million pcs valued at 316.1 million US$ (Rs. 1491.37 crore). This shows an increase of 15.41% in quantity and 19.90% in terms of value when compared to July-2001.

When compared to the month of July 2002, exports to USA have shown an increase of 51.32% in terms of quantity and 22.08% in terms of value (US$). EU has shown an increase of 3.45% in terms of quantity and 22.72% in terms of value. Exports to Canada has shown decrease of 16.13% in terms of quantity and 16.18% in terms of value during the month of July’2002.

GARMENT EXPORT PERFORMANCE DURING CURRENT FINANCIAL YEAR (APRIL-JULY 2002-2003)

Exports of readymade garments to Restricted countries during April-July 2002-2003 have amounted to 376.6 million pcs valued at US$ 1393.0 million (Rs. 6807.84 crore). This represents an increase of 8.66% in terms of quantity and 10.58% in terms of value, when compared to the same period of previous financial year.

Exports to USA, during April-July’2002-2003, have amounted to 143.3 million pcs valued at US$ 692.6 million (Rs. 3385.14 crore). This represents an increase of 41.32% in terms of quantity and 15.66% in terms of value, when compared to April-July 2001-2002.

Exports of readymade garments to E.U., during April-July’2002-2003 have amounted to 211.2 million pcs valued at US$ 634.8 million (Rs. 3102.10 crore). In comparison to the corresponding period of last financial year, there has been a decrease of 3.83% in terms of quantity, while an increase of 9.73% in terms of value.

Exports to Canada during April-July 2002-03, have amounted to 22.1 million pcs valued at US$ 65.6 million (Rs. 320.60 crore). There has been decrease of 13.67% in terms of quantity and 20.39% in terms of value, when compared to April-July 2001-2002.

The figures of exports to OBA countries have not been taken into account due to non-availability of data.