The textile industry is witnessing a transformative shift towards sustainability through innovative practices like carbon recycling, which can be used in the production of fibres like polyester.
The
In 2023, Japan saw a 1.1 per cent rise in clothing and accessories imports, reaching 3,538,460 million yen, and a 7.9 per cent decline in textile yarn and fabric imports.
Exports of textile yarn and
In the first ten months of 2023, China exported leather apparel and accessories worth $31.44 billion, with the US being the largest market at 15.70 per cent.
Japan, Malaysia, Singapore, and South Korea
In 2023, Vietnam s textile and garment sector s exports declined by 11.4 per cent to $33.329 billion, failing to meet the $48 billion target by 24.52 per cent.
Yarn exports dropped by 7.6 per cent to
The FTA between South Korea and Indonesia, effective from January 1, 2023, has not significantly impacted South Korea s apparel imports from Indonesia.
Indonesia s share of South Korea s apparel imports