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In January-October 2023, China's textile, garment, and accessory exports fell 9.21 per cent to $245.717 billion, compared to the same period in 2022. Garment exports dropped 8.7 per cent to $133.164
Bangladesh's vital readymade garments (RMG) industry, the world's second-largest exporter after China, faces severe challenges. The sector, crucial for the country's economy, is struggling with rising
Canada continues to remain the top market for US apparel exports, with a 33.8 per cent share ($1,331.98 million) of the total $3,940.27 million in January-August 2023. This marks a slight decrease from
In recent years, there has been a surge in used clothing trade, which is raising environmental concerns. Major exporters like the US face no global policy on quality or sorting, impacting countries like
Turkiye's textile industry faces high electricity costs at $0.18 per kWh, down from $0.23 last year but still above other countries. Pakistan also saw a decrease to $0.16 per kWh. In contrast, China