apparelindia - Apparel Export Promotion Council
apparelindia - Apparel Export Promotion Council
apparelindia - Apparel Export Promotion Council
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Country<br />
Focus<br />
Major Suppliers to Switzerland for RMG<br />
Switzerland’s imported worth of US$ 5696.3<br />
million RMG which is 16.1% higher than<br />
previous year. It is amongst one of the few<br />
market places where China is not topping the<br />
list. Germany is enjoying the leading supplier<br />
status to Switzerland for over the years.<br />
Germany is source of 1/3rd of Switzerland’s<br />
import. China is also amongst the list of<br />
major supplier & at the 3rd place with 12.4%<br />
share. India’s story in the Swiss market is<br />
quite interesting as they at the 6th position<br />
but having only 2.7% import share. However<br />
Bangladesh is making their significant marks<br />
in the Swiss market with well above 40%<br />
growth in 2011 compared to previous year,<br />
enjoying 3.4% import share.<br />
*Source: World Bank 2012<br />
From the above table it is evident that Swiss<br />
market in highly dominated by European<br />
nations. Almost 3/4th Swiss import covered by<br />
the European nations. It can be analyzed from<br />
the below graphical representation.<br />
Figure 04<br />
% Share of major supplier in Switzerland's<br />
Germany Italy China France<br />
Import<br />
2011<br />
2010<br />
2009<br />
2005<br />
2.4% 2.2%<br />
33.7% 15.6% 12.4% 7.8% 3.4% 1.8% 15.7%<br />
2.7% 2.3%<br />
2.3% 2.4%<br />
34.5% 16.3% 11.6% 8.2% 2.8% 2.3% 14.5%<br />
2.6% 2.5%<br />
2.2% 2.4%<br />
33.1% 19.7% 11.1% 8.4% 2.4% 2.3% 13.6%<br />
2.4% 2.4%<br />
2.8% 2.6%<br />
29.9% 23.5% 10.4% 8.4% 1.5% 2.2% 14.3%<br />
2.4% 2.0%<br />
0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0%<br />
It is evident that Germany is enjoying the market leader<br />
status & way ahead from their next competitor Italy though<br />
other countries have achieved excellent growth from 2005 to<br />
2011 but it can be easily drawn out as there is no immediate<br />
competition for Germany but China & Bangladesh are<br />
making significant growth & in years to come these<br />
nations would certainly challenge Germany dominance<br />
in the Swiss market. India should take lot of inspiration<br />
from Bangladesh, as it has grown manifold in the Swiss<br />
market in the last few years. It is advisable that Indian<br />
exporters should concentrate more & more on the products<br />
recommended in this report.<br />
APPAREL INDIA<br />
35
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