World textile and apparel trade and production trends: South-East Asia, August 2024.pdf

World textile and apparel trade and production trends: South-East Asia, August 2024.pdf

This latest report in our flagship series contains statistical data, information and insight into the textile and apparel industries in Cambodia, Indonesia, Malaysia, Myanmar, Thailand and Vietnam. The report presents a wealth of information and is essential for anyone who is considering sourcing from, selling to or investing in these countries or their export markets. In particular, the report includes detailed information on domestic production, textile and clothing exports by type and destination, and clothing retail sales. Also, it provides analyses of developments in the South-East Asia region and government measures relating to the countries featured. The report notes that textile and clothing exports from Cambodia, Indonesia, Malaysia, Myanmar, Thailand and Vietnam all fell in 2023. The fall in exports from Cambodia reflected, primarily, declines in sales in the EU and US markets. Indonesia also suffered sharp falls in sales of its textiles and clothing in the EU and US markets, although there were increases in domestic sales of clothing at the retail level in Indonesia. The fall in textile and clothing exports from Malaysia reflected declines in exports to the EU, Japan, the USA and Vietnam. However, there were notable increases in exports to China, Singapore and Turkey, and textile and clothing production in Malaysia increased. In Myanmar, there were declines in exports to several of the country’s major markets, including Canada, the EU, Japan, Malaysia, the UK and the USA, although there were increases in exports to China, Russia, South Korea and Turkey. There were declines in exports from Thailand to most of the country's major markets, including the EU, India, Japan, the USA and Asean countries, although there was an increase in exports to China. In Vietnam, there were significant declines in exports to the EU and the USA. However, Vietnamese textile production rose.