Muted growth forecast for 2012 clothing exports

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Friday, September 14, 2012

World clothing export growth in 2012 is predicted to be even slower in volume terms than the 5 percent growth rate seen in 2011, according to a report in the latest issue of Global Apparel Markets , published quarterly by the U.K.-based business information company Textiles Intelligence. In value terms, world exports of clothing grew 17 percent in 2011, which represented by far the fastest rise in at least 20 years. As a result, exports reached a record high of $412 billion. But th...

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