Page 16 - Xpert Comment News Today

In October, Japan saw an 11.1 per cent drop in clothing and accessories imports, totalling 347,355 million yen. This decline contrasts with a 0.1 per cent increase in textile yarn and fabric exports,

Chinas currency swaps, like the $6.98 billion deal with Saudi Arabia, aim to lessen US dollar dependence, stabilise exchange rates, and promote bilateral trade. These pacts facilitate increased investments,

US, a major global consumer, experienced a significant downturn in home textile imports in 2023. This decline reflects a broader global slowdown in the sector. In the first three quarters of the year,

Indias apparel exports to Nordic region saw remarkable growth, particularly in Denmark and Sweden. Piyush Goyal highlighted a 39 per cent increase in exports to the Nordic countries since 2018-19. In

Indonesia is investigating the surge in fabric imports, mirroring Indias challenges, to protect its domestic textile industry. The inquiry, prompted by declining market share and employment, follows

Vietnams textile and garment sector witnessed a 12.9 per cent drop in exports, reaching $27.670 billion from January to October 2023. Yarn exports decreased by 10.8 per cent year-on-year, although volume

The seasonally-adjusted confidence index in Turkiyes retail trade sector was 111.7 in November, a month-on-month (MoM) fall of 1.9 per cent. The index for current volume of stock in retail trade was

The European Union (EU) saw a continued decline in goods trade in Q3 2023, with exports and imports falling by 1.2 per cent and 4.6 per cent, respectively. This led to an €18 billion trade surplus the

Pakistans textile and apparel exports have declined by 6.33 per cent to $5.565 billion in the first four months of fiscal 2023-24, a decrease from $5.940 billion in the same period last year. Cotton

Sri Lankas fabric imports from China decreased by 30.13 per cent to $487.687 million in the first three quarters 2023, marking a significant decline from the previous year. Despite this decrease, China