• India’s exports to U.S. decline 11.3 percent in 2020
      Four consecutive months of rise in export to the U.S. indicate strong recovery in trade: Indian Embassy in Washington DC India’s exports to the U.S. — the country’s largest outbound destination for goods — suffered a blow due to the COVID-19 pandemic in calendar year 2020 with
      Mar 05, 2021
    • China becomes EU’s biggest trade partner in 2020
      China became the main trade partner of the European Union (EU) in 2020, with exports and imports both increasing despite the COVID-19 pandemic, Eurostat said. According to the EU’s statistical service, the bloc’s imports from China throughout the year 2020 grew by 5.6 percen
      Mar 05, 2021
    • Operation analysis of dyeing and printing industry in 2020
      In 2020, COVID-19 continued to spread. China’s dyeing and printing industry was hard hit by the pandemic, and the industry still maintained a positive development trend. By the end of 2020, the capacity utilization of dyeing and printing enterprises has basically returned to the level of t
      Mar 05, 2021
    • Egypt MP confirms closure of 30 percent of textiles factories
      Egyptian MP Enas Abdel Halim confirmed that 30 percent of the country’s textiles factories have closed as a result of the recession and deteriorating economic conditions in the country. Abdel Halim said the remaining factories had reduced production by 50 to 70 percent. &
      Mar 04, 2021
    • Pakistan: Shortage of cotton yarn
      Former chairman and spokesman of Federal B Area Association of Trade and Industry (FBAATI) Idrees Gigi said textile exporters were not able to work at their full potential due to shortage of cotton yarn. Cotton production remained less than 15 million bales. Limited to 5.5
      Mar 04, 2021
    • Analysis on the operation of the textile and apparel specialized market in 2020
      In 2020, the COVID-19 had a profound impact on the textile and apparel industry. China’s textile and apparel specialized market has overcome difficulties and achieved growth. In the first half of the year, affected by the pandemic, market turnover dropped significantly year-on-year. With t
      Mar 04, 2021
     
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