Local AGOA textile exports drop 11%

The textile industry is wobbling from a combination of factors
The textile industry is wobbling from a combination of factors

Exports by the local textile sector to the United States under the African Growth and Opportunities Act (AGOA) were down 11 percent at $7.6 million (P88 million) by November, figures released by that country’s trade department show.

The figures indicate that local textile exports to the U.S have again turned south, after a recovery in 2014, when they jumped 61 percent to $9.5 million (P110 million) at current rates.

Sam Lin, director at Carapparel Botswana – the country’s last remaining AGOA textile export – told BusinessWeek that many factors, including tight competition from China, conspired to depress sales last year.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

Have a Story? Send Us a tip
arrow up