New Delhi, Nov 16: Garment exports to quota countries in October witnessed a fall of 16.42 per cent in quantity terms at 67.2 million pieces and 10.14 per cent in value at USD 257.1 million. Exports to US recorded a decrease of 22.18 per cent and 16.13 per cent in quantity and value terms respectively.
Total exports to US stood at 20.7 million pieces valued at USD 104 million as against 26.6 million pieces valued at USD 124 million in October 2002, as per the latest data compiled by Apparel Export Promotion Council.
Reflecting the similar trend, export of readymade garments to EU in October 2003 decreased by 12.22 per cent in terms of quantity at USD 43.1 and 3.89 per cent in value terms at USD 143.2 million.
Readymade garment exports to Canada in the month under review declined by a whopping 27.66 per cent in terms of quantity and 24.43 per cent in value at 3.4 million pieces and USD 9.9 million.
Exports during the ten months period January-October 2003 registered a rise of 4.54 per cent at 1003.5 million pieces and 13.02 per cent in value at USD 3,905.3 million.
Bureau Report