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
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
Total cotton imports by China increased by 16.8 percent year-on-year to 2.16 million tonnes in 2020, according to the country’s General Administration of Customs. Cotton imports declined during the first half of the year due to the impact of COVID-19 pandemic, but imports soared in the sec
In January 2021, the textile production index and the apparel production index increased by 16.6 percent and 9.9 percent compared to the same period in 2020, respectively, according to the Ministry of Industry and Trade.
The production of textiles from synthetic fibers
Bangladesh would continue to enjoy the generalised system of preferences (GSP) on trade until 2027, according to British high commissioner in Dhaka Robert Chatterton Dickso, who recently said the two countries will find out a mechanism to maintain a trade regime beneficial for both after 2
The Department of Commerce’s Office of Textiles and Apparel reports that monthly imports of cotton, wool, manmade fiber, silk blend, and non-cotton vegetable fiber textile and apparel products totaled 6.31 billion square meter equivalents in December 2020, down 7.6 percent from November bu