Page 8 - Xpert Comment News Today

In 2023, Japan saw a 1.1 per cent rise in clothing and accessories imports, reaching 3,538,460 million yen, and a 7.9 per cent decline in textile yarn and fabric imports. Exports of textile yarn and

In the first ten months of 2023, China exported leather apparel and accessories worth $31.44 billion, with the US being the largest market at 15.70 per cent. Japan, Malaysia, Singapore, and South Korea

In 2023, Vietnams textile and garment sectors exports declined by 11.4 per cent to $33.329 billion, failing to meet the $48 billion target by 24.52 per cent. Yarn exports dropped by 7.6 per cent to

The FTA between South Korea and Indonesia, effective from January 1, 2023, has not significantly impacted South Koreas apparel imports from Indonesia. Indonesias share of South Koreas apparel imports

Cambodia is set to begin trade talks with Saudi Arabia, aiming to enhance bilateral economic relations. In 2023, Cambodias apparel exports to Saudi Arabia declined 18.4 per cent year-on-year, totalling

Spain imported $1,712.683 million worth of apparel from Turkiye in the first nine months of 2023. Womens garments constituted 49.49 per cent, unisex garments 33.48 per cent, and mens garments 15.04

Chinas overall textile, garment and accessory exports dropped to $293.641 billion in 2023. Garment exports fell by 7.8 per cent, totalling $159.144 billion, while textile products experienced an 8.3

Malaysia and Singapore have a significant trade partnership in textiles and garments, with each being the second-largest importer of the others garments. In 2023, Malaysia exported garments worth $123.645

Due to the ongoing diplomatic standoff between India and the Maldives, the textile trade may undergo disruptions. The recent free trade agreement (FTA) signed with China raises concerns about the potential

China is Switzerlands largest garment supplier, with a 26.13 per cent market share in Swiss apparel imports worth $1.818 billion (Jan-Oct 2023). Chinas share in Swiss exports is 1.79 per cent, ranking