Page 34 - Xpert Comment News Today

Australias GDP grew by 0.4 per cent in Q2 2023, driven by a 2.4 per cent increase in total gross fixed capital formation and easing supply chain issues. Although household spending remained subdued

In July 2023, retail trade volume in the euro area and the EU decreased by 0.2 per cent and 0.3 per cent respectively, as per Eurostat. However, non-food retail volumes increased by 0.5 per cent in the

Cotton apparel made up 51.27 per cent of Cambodias $1.2 billion apparel exports to the US in Jan-May this year. Man-made apparel followed, making up 35.30 per cent, while other materials accounted for

In July 2023, Japan saw a 0.5 per cent rise in clothing and accessories imports, while textile yarn and fabric imports declined by 14.1 per cent compared to the previous year. Textile exports dropped

The UK and Philippines are working to strengthen their trade relations, particularly in the textile sector. UK foreign secretary James Cleverly visited Manila to discuss the UK-Philippines Enhanced Partnership. UK

Trade between China and ASEAN has significantly increased over the past decade, with a particular surge in Chinese textile exports. According to data, Chinese apparel and home textile exports to ASEAN

Prices for recycled polyester filament yarn dropped by 1.7 per cent in the Chinese market, falling from a monthly high of CNY 7,357 per MT to CNY 7,232 per MT. This is linked to Chinas slow economic

China and Denmark aim to enhance their long-standing bilateral relations. Recent talks between foreign ministers of both countries come as trade data shows Denmark imported 22.09 per cent of its apparel

In H1 2023, although Mexico became the US top general trade partner, China remained the leading textile supplier. US exported 28.05 per cent of textile and apparel to Mexico, with a total export value

From January to May 2023, Tunisia exported $1,437.361 million worth of apparel, with Europe accounting for over 80 per cent of the market share. France was the leading importer. The top five markets