Brexit reduced goods exports by ~$34 bn; smaller firms most hit: LSE
The Trade and Cooperation Agreement (TCA) reduced total goods exports from the UK by an estimated $34 billion, or 6.4 per cent, in 2022...
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Japan’s apparel imports ease 1.7% to $1.8 bn in Nov 2024
In fiscal 2025, Japan experienced a decrease in imports of clothing and accessories by 1.7 per cent, with similar declines in textile y...
Cambodia’s GDP projected to reach 5.5% in 2025, 2026: World Bank
Cambodia’s economic growth this year is projected to reach 5.3 per cent compared to 5 per cent in 2023, driven primarily by services an...
Mexico to levy temporary tariffs on some textile imports till Apr 2026
Mexico will temporarily impose a 35-per cent tariff on 138 finished textile imports to protect the domestic textile-clothing industry, ...
Real US GDP increases at 3.1% annual rate in Q3 2024: BEA 3rd estimate
Real US GDP increased at an annual rate of 3.1 per cent in Q3 2024, according to the third official estimate.
In Q2 2024, real GDP incr...
Saudi Arabia to raise number of logistics zones from 22 to 59 by 2030
Saudi Arabia is developing 18 logistics zones near ports, with total investment worth over $2.66 billion, and plans to raise the number...
Mixed results but overall growth for global fashion companies in 2024
In the fashion industry, seven companies delivered strong performances as of September 30, 2024, with Amazon.com and Zalando SE leading...
Vietnam growth to surpass ASEAN peers, 6.5% in FY25: Oxford Economics
Vietnam's economy will be the stand out among the ASEAN-6, growing at a faster pace relative to its peers during the next few years, ac...
FTA may boost South Korean apparel imports from Philippines
The FTA approved by South Korea's Parliament may boost apparel imports from the Philippines, which currently holds a negligible share.
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IMF projects Bangladesh GDP growth at 3.8% for FY25
Bangladesh’s FY25 real GDP growth is projected to slow to 3.8 per cent due to output losses caused by the last uprising, floods and tig...