Bangladesh s RMG exports rose by 1.72 per cent to $23.39 billion in the first half of fiscal 2023-24, missing the target by 7.87 per cent.
Knitwear exports increased while woven garments declined.
Despite
In 2023, China s acrylic staple fibre (ASF) prices saw a significant annual decline despite a recovery in the last quarter.
Prices dropped 18.6 per cent domestically and 15.5 per cent in FOB terms.
The
From January to September 2023, the US exported $4.48 billion worth of apparel, with Canada and Mexico being the top markets.
Exports to Canada faced a slight decline compared to 2022.
Despite a dip
Turkiye s apparel exports declined by 5.42 per cent year-on-year to $16.904 billion during January-November 2023, according to data from Turkish Statistical Institute and the ministry of trade.
Knitted
In 2023, textile-exporting countries struggled, but those like Turkiye and Bangladesh benefitted from devalued currencies, boosting competitiveness in exports.
While the Turkish Lira and Bangladeshi