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US apparel imports: Trousers & shorts dominate as market faces decline

In 2023, trousers and shorts accounted for 23.53 per cent of the United States apparel imports, totalling $18.198 billion of the $77.357 billion imported. This trend continued into early 2024, with

Chinese spandex hits new low in April, sheds 65% of 2021 s peak value

In China, spandex prices continue to fall. The material lost about 65 per cent of its peak value since late 2021. Prices had reached highs in early 2022, but global demand slowdowns for garments and

Vietnam s silk exports to India reach $110 mn in 2023

In 2023, Vietnamese silk exports to India led the textile trade, totalling $247.306 million, with silk products alone accounting for $110.229 million or 44.57 per cent of the total exports. Chapter 50,

Cambodia s apparel exports to ASEAN lag behind pre-COVID figures

Three years post-COVID-19, Cambodia s apparel exports to ASEAN countries remain below pre-pandemic levels. In the year 2020, exports reached $292.226 million but fell sharply in 2021, recovering to just

US retail sales defy inflation with surprising March increase

Despite high inflation and the Fed maintaining elevated interest rates, US retail sales increased unexpectedly in March, rising by 0.7 per cent MoM. This increase can be attributed to higher wage growth,

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