In August 2020, Pakistan exported USD 1.008 billion in textiles and apparel, a decrease of 20.83% month-on-month and a decrease of 15.39% year-on-year, and both showed a significant decrease; the export of raw cotton was 206 tons, a decrease of 92.3% year-on-year; the export of cotton yarn
India’s robust double-digit exports growth to China, coupled with sharp contraction in imports, nearly halved the trade gap between the two trading partners in the first five months of the current fiscal year (2020 - 21, or FY21) over the same period of 2019 - 20 (FY20).
Between September 5th and 25th, 2020, ITMF has conducted its 5th ITMF Corona-Survey among ITMF members and affiliated companies and associations about the impact the Corona-pandemic has on the global textile value chain. In total, 216 companies from around the world participated. When aske
The index of orders intake for Italian textile machinery, as compiled by ACIMIT, fell by 47% for the period April - June 2020, compared to the same period in 2019, with orders falling both abroad and in Italy. A 44% decrease in orders was recorded in foreign markets, whereas the domestic m
In August, the total retail sales of consumer goods totaled 3,357.1 billion yuan, up 0.5 percent year on year, the first positive growth since this year. Among them, the retail sales of consumer goods excluding automobiles totaled 3,015.8 billion yuan, down 0.6 percent.
From Janua
In the first seven months of 2020, China surpassed the United States for the first time to become the EU’s largest trading partner. From January to July, EU imports from China increased by 4.9% year-on-year, imports from the United States fell 11.7%, exports to China fell 1.8%, and expor