US T&C Imports Rose 39% During Jan-June 2022

US imports of textiles and apparel in the first six months of 2022 have shown a fairly encouraging performance (in terms of statistics, not...

2021/22 U.S. Exports Fall On Lower Supplies

2021/22 U.S. exports are estimated to have fallen more than 1.7 million bales from the previous year to 14.7 million bales, owing to less...

Bangladesh Exports To SAARC Countries On The Rise

Bangladesh's exports to South Asian nations are rising, as the country’s RMG sector works towards diversifying its export basket.India's zero-duty benefit for most Bangladeshi...

Bangladesh Apparel Shipments See Big Jump In August

Bangladesh's apparel exports registered a 58% year-on-year growth to over US$ 2.5 billion in the first 22 days of August – at a time...

Iran Makes First Multi-Million Dollar Imports Using Cryptocurrency

Iran has imported goods worth US$ 10 million using payments in cryptocurrency for the first time. According to Alireza Peymanpak, the Iranian Deputy Minister...

US Imports Slowing In Second Half, But 2022 Should See Gain Over 2021

After a record-setting spring, imports at the nation’s major container ports are expected to slow significantly for the remainder of the year, but 2022...

Parallel Imports To Russia Could Reach US$16 Billion By Year End

Companies that exited Russia have also lost control of part of their global distribution networksDenis Manturov, Russia’s Industry and Trade Minister, has stated that...

Global Spinning Capacity Remains Stable, Consumption Down: ITMF

The International Textile Manufacturers Federation (ITMF) has published the International Textile Industry Statistics (ITIS) on productive capacity and raw material consumption in the short-staple...

US T&A Imports Up 38.9% In Jan-Feb 2022

Are US imports of textile and clothing slowing down? The latest OTEXA figures could be an early indication of this, with US imports in...

Weak Demand May Increase Losses For Domestic Spinning Mills

Domestic cotton market is exploding now and prices have jumped to another high after reaching record levels. In the last one month, cotton prices...

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