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Global geopolitical unrest has impacted Bangladesh's apparel exports, which fell by 59.95 per cent to $3.114 billion in Jan-Apr 2024. Europe's share of Bangladesh's apparel exports dropped from 57.92
Turkiye's apparel exports to the Czech Republic have significantly declined after a post-COVID surge. In the first quarter of this year, exports were $18.168 million, a 34.01 per cent drop from the same
Japan's clothing and accessories imports rose by 16.7 per cent in April 2024, totalling 300,146 million yen. Textile yarn and fabric imports increased by 7.2 per cent, reaching 100,918 million yen. However,
US and EU raised interest rates to combat inflation, impacting textile economies in Asia. These higher rates have dampened consumption and increased borrowing costs, reducing demand for textiles. Exporting
In the first quarter of 2024, China's apparel exports to Saudi Arabia reached $627.488 million, making it the largest market among Gulf Cooperation Council (GCC) countries. The UAE was the second largest