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Japan 2nd largest market for Cambodia s apparel exports, share rises

Japan regained its second-largest market status in Cambodia s apparel exports in the first quarter (Q1) of 2024, accounting for 13.89 per cent of shipments. Despite fluctuating in recent years, Japan s

US loses top spot in Germany s industrial textile exports

Germany is a leading global supplier of industrial textiles, though its exports saw minimal growth last year. Notably, shipments to the US, its top buyer, declined by over ten per cent, causing the US

Iran s fabric imports recover in January 2024 after decline in 2023

Fabric is a key import for Iran s textile industry, experiencing a decline in 2023 with imports falling to $612.764 million from $675.775 million in 2022. The initial 2024 figures, however, show a rebound

Choosing Paths: Development Road or IMEC, which benefits trade more?

Turkiye s announcement of the Development Road as an alternative to the IMEC has introduced another route for accessing Europe. The comparison of IMEC with the proposed corridor shows that they share

Europe s home textile imports decline to below pre-pandemic levels

Geopolitical unrest, high inflation and economic challenges have sharply reduced the purchasing power of European consumers, leading to a decline in home textile imports. After a pandemic-induced surge

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