- COVID-19 threaten Europes denim exports
- Though the European Union fears a significant decline in denim imports due to COVID-19, it will continue to remain a huge market for international denim exporters. As per a report by the Centre for Promotion of Imports, the Europe Union imported denims worth �9.2 billion in 2019.
- Jan 12, 2021
- Xinjiang’s cotton output accounts for 87.3% of China’s total in 2020
- According to the National Bureau of Statistics, Xinjiang’s cotton output was 5.161 million tons in 2020, an increase of 3% over last year and accounting for 87.3% of China’s total cotton output. As of the end of the 2020 cotton production season, Xinjiang’s total cotton output, unit yield,
- Jan 11, 2021
- Binzhou to build a world-class high-efficiency ecological textile industry base
- Binzhou City has gradually built up a complete industrial system of cotton spinning, dyeing and finishing, home textiles, carpets, apparel, chemical fiber, etc., forming the only textile industry cluster that exceeds 100 billion yuan in the north of the Yangtze River. The ma
- Jan 11, 2021
- U.S.’ PPE imports surge by 311.60%
- As per OTEXA, PPE imports by the U.S. surged by 311.60% during January-October ‘20 period in value terms. Total PPE imports by the country valued USD 16.58 billion in January-October ‘20 as against USD 4.03 billion in the same period of 2019, reports Apparel Resources.
- Jan 11, 2021
- Pakistan: Exports jump 18.3% in December
- Pakistan’s exports grew for the fourth consecutive month in December to USD 2.357 billion, up 18.3% from USD 1.993bn in the corresponding month last year, data released by the Ministry of Commerce showed on Friday. However, the December export proceeds posted a growth of 8.4% when compared
- Jan 11, 2021
- India’s exports may decline in 2020-21 to USD 290 billion
- India’s exports in 2020-21 may decline around 7.3% to USD 290 billion compared to USD 313.36 billion in the previous fiscal due to a sharp fall in the first and second quarters induced by COVID-19 disruptions. But things may improve substantially next year, as per estimates made by the Fed
- Jan 11, 2021
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