A drop in Kenya's textile exports to the United States contributed to a large trade imbalance between the two countries last year. New figures show that the entry of Asian countries into the competition for the US textile market has already cut gains made by the Kenya and the US in the last two years to narrow the trade deficit. with statistics from the US commerce department. The data from the US Commerce department shows that Kenya's textile and apparel sales to the US under the preferential

The world's first official method to guide the statistical work of the e-commerce industry will soon be in use, Chinese Vice-Minister of Commerce Liao Xiaoqi announced on Monday. "This unprecedented method will provide uniform standards for the data collection and allow decision makers in governments, academia and the general public to have a better understanding of China's robust e-commerce industry," said Liao at the press conference for the issue of the 2004-2005 China E-Commerce Report.

Representatives of the Nanjing Wool Market (NWM) visited the British Wool Marketing Board (BWMB) in Bradford, on a fact-finding mission, to see how British Wool is auctioned at sale.BWMB is a Central marketing organization for UK fleece wool.The BWMB based in Bradford, handles the grading, sale via auction and promotion of all British Wool on behalf of approximately 60,000 wool producers in the United Kingdom. Nearly 70 percent of British Wool is sold for use in the manufacture of carpet and mos

NEW DELH: Indian textile firms failed to weave free quota fortunes. Of the domestic textile companies 47 per cent say they have not benefited from free trade. A survey by YarnsandFibres reveals. 37 per cent of the firms had not experienced any change in their businesses during the year. Another 10 per cent had worse experience during the first quota-free year. While a few companies have been unable to take advantage of the opportunities, others have had bad experience as they have had no dire

"No! A lower price is impossible!" Miao Renzan firmly told a disappointed Dutch buyer at the 99th China Export Commodities Fair, the largest of its kind in the country, which is being held in the southern Chinese city. The buyer, who wanted to to be mentioned as Hellen from Hellenia Shoes company in the Netherlands, asked for a discount as the European Union had announced anti-dumping duties on leather shoes from China beginning April 7. The stance of Miao, sales manager of leading shoem

German leather and fur exhibition Fur & Fashion Frankfurt attracted 8,442 trade visitors from 9th to 12th March, an increase of 8.5 percent over the last year. Some 47 percent of the buyers came from abroad with a considerable representation from Austria, Switzerland, Scandinavia, the Benelux countries, Spain and Turkey.Fur & Fashion Frankfurt presented everything that had to do with fur fashion under the Frankfurt fair tower. Highlights were the up-to-date product ranges of the skin mer

US imports of men's and women's cotton denim trousers have fallen 11 per cent in volume during the first two months of the year. Imports from China decreased heavily while Hong Kong and Macau shipments surged. Bangladesh, Vietnam and Nicaragua were other origins favored by US buyers. Prices were stable. US imports of men's and women's denim trousers have fallen 11 per cent in volume during the first two months of the year with shipments from China significantly lower. As a consequence of n

Contrary to the initial pessimism that the end of quota regime governing global trade in textiles and clothing on January 1, 2005 has not produced any dramatic gain to India, textiles and clothing exports from the country clocked 26 per cent growth in dollar terms during 2005-06, the first full year of free trade in textiles. Latest official figures compiled by the Ministry of Textiles conclusively show that textile exports from India during the penultimate year of the 10th Five-Year Plan (2

CHINA aims for a 20 percent increase in imports and exports of high-tech products this year, a senior commerce ministry official said. Chang Xiaocun, head of the science and technology division with the Ministry of Commerce, disclosed the target during the 99th China Export Commodity Fair, the country's largest trade event that opened on Saturday in Guangzhou, capital of south China's Guangdong Province. The Chinese government has been trying to move its exports up the value chain to help buoy t

Statistics Sweden released the Inflation Rate for the Month of March 2006.It stated that the consumer prices increased on average with 0.7 percent from February to March. The annual inflation rate in March was 1.1 percent (0.6 percent in February and 0.1 percent in March 2005). CPI for March 2006 is 282.89 (1980=100).To the total increase in the Consumer Price Index (CPI) higher prices on clothing (8.1 percent) contributed with 0.4 percentage points. Higher prices on housing (0.7 percent) also c