Egyptian Cotton is Globally Renowned

Cotton is one of the most used fabrics in the whole world. Consumers from all nations and classes wear and use it in a variety of applications. Thousands of acres are devoted to its manufacturing.

Egyptian cotton, is one of the most sought-after around the world. It is considered one of the softest and most opulent cottons available today.

For many years, it was so valuable that most of the crop was shipped to European countries, and Egyptians themselves could hardly buy items made from its cloth.

However, manufacturing in Egypt has developed considerably over the last thirty years. Many textile factories have opened all over Egypt and especially in Mahla, a large Delta city south of Cairo, famous for its many factories that specialize in producing the best cotton products in Egypt.

In the 1960s and 1970s, Egypt supplied 80 per cent of the world market, but later lost market share to its US competitor, Pima cotton. Today, Egypt alone supplies 55 per cent of the world’s needs of LS and ELS cottons, while the US Pima supplies 40 per cent. Egypt and the US have a monopoly over the production and trade of LS and ELS cotton varieties. 

The World Watchmaking and Industry

   

   Despite the widespread use of smartphones and tablets, wrist watches do not lose their popularity. The Swiss Watchmaking industry leads the world in the terms of value. According to the words of d Jean-Daniel Pasche, head of the Federation of the Swiss Watch Industry, Switzeland’s watch exports will rise in 2014 after advancing at the slowest pace in four years in 2013 due to a drop in Chinese demand. China is, in fact, the market leader in this respect, producing 663 million watches in 2012. It is the world’s largest exporter of finished watches, followed by Hong Kong, which produced 354 million. Switzerland comes in third place. However, the opposite is true when it comes to value, where Switzerland takes the lead, producing 95% of all watches sold at prices of over 1,000 francs.

Export and Shipping Industry

Almost 90 percent of everything we buy arrives via ship. Find out amazing facts about shipping industry. 

- Shipping is so big in fact that it constitutes roughly 90 percent of the world's trade.
- Compared to the energy expended moving goods by plane or truck, shipping is far less damaging in terms of greenhouse gases released.
- A container ship travels the equivalent of three-quarters of the way to the moon and back in one year during its regular travel across the oceans.
- There are approximately 55,000 merchant ships carrying cargo around the world.
- As of this moment there are roughly 20 million containers crossing the world.
- Shipping is cheap. It’s so cheap in fact, that rather than fillet its own fish, Scotland can send its cod 10,000 miles across the ocean to China to be filleted, and then sent back for less than the price of doing it themselves.

More reasons to export to Morocco

Morocco represents a great opportunity for exporters because of its relative economic stability and social reforms, according to global credit management specialists.

However, payment delays are still long, it says, in a new detailed report on the country’s business climate.

Export Market Planning

Preparing an export plan is a fundamental first step in any export strategy and will assist your decision-making throughout the entire export process. Developing a plan can be challenging but getting it right is critical to your export success.

Export Market Planning, one of a series of FREE workshops delivered by VECCI on behalf of the Victorian Government, will take you through the steps required to develop a simple, practical and flexible plan to help you focus your activities to ensure you achieve defined outcomes. Find out how a well-researched and implemented export marketing plan can help you create a sustainable, long term business relationship with your overseas partners.

British exporters need to target new countries, reveals RBS study

The Latin American powerhouses of Mexico and Brazil and the Asian tiger of Taiwan are proving to be a ‘missed opportunity’ for British exporters, according to new research.

Economists at the RBS banking group have identified them as attractive relatively untapped markets for UK firms to get ahead in the global race.

Nearly a third of the UK's economy is made up by exports, and yet most still tend to concentrate their efforts in Europe or America.

RBS studied nearly 50 export markets. Each destination's attractiveness was determined by compatibility (matching import needs to UK exports), growth, prosperity, and the ease of exporting, in addition to the size of each import market. These countries combined made up less than a quarter of all UK goods exported in 2012.

David Fenton, senior economist at RBS said: 'It's clear there are export opportunities which British businesses aren't fully taking advantage of. While the outlook is currently subdued in key export markets like Europe and the US, success will increasingly rest on less-indebted, faster-growing parts of the world.

Benoy provides some high-class retail therapy to UK's export recovery

The multinational firm, which was founded in 1947 and is headquartered in London, has been at the forefront of expansion into Asia and the Middle East and has even masterplanned the most prestigious new development in Mongolia.

Now it is celebrating the opening of a state-of-the-art shopping mall in Abu Dhabi, UAE, and five years of ground-breaking work in Singapore.

The Galleria on Maryah Island, Abu Dhabi, has just opened its doors, and Benoy, in partnership with Elkus Manfredi, was appointed architect for the project, a 130 unit 33,000m² GLA super-luxury retail and dining destination, sitting on the spectacular waterfront with stunning views across the new promenade.

The Galleria is set in the grounds of the opulent Sowwah Square scheme, and inspiration for the design came from the exclusive and unique brands that will occupy the centre.

The Galleria boasts one of the highest concentrations of luxury brands in MENA, including Burberry, Dior, Gucci, Louis Vuitton, Mulberry and Prada. The Great Room houses an impressive collection of labels, which are displayed in impressive double height shop fronts, enclosed by a glass skylight.