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.

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