Trade & Market

Bangladesh Loosens Import Regime, Gives Exporters Greater Procurement Flexibility

Textile Insights September 8, 2026

New policy removes value ceiling on non-LC imports, expands bonded facilities and FTZ provisions, while raising value-addition norms for garments Bangladesh has introduced a more flexible import regime that could ease overseas procurement for manufacturers and strengthen the country’s

Trade & Market

EU Approves Major Customs Overhaul, Tightens E-Commerce Rules

Textile Insights September 8, 2026

New framework puts greater responsibility on online platforms, introduces tougher penalties and establishes an EU-wide customs authority to strengthen controls and improve duty collection The European Union is set to fundamentally reshape the way goods enter its market after the Council gave final approval to a sweeping reform of the bloc’s customs framework. Described as

Trade & Market

Global Knitwear Trade Nears US$ 290 Billion As Industry Expands Its Share

Textile Insights September 8, 2026

The global apparel trade is witnessing a structural shift towards knitwear, driven by changing consumer preferences and rising demand for casual, stretch and performance-oriented clothing. Global knitwear exports increased from US$ 145.2 billion in 2006 to US$ 289.1 billion in 2025, more than doubling over the period. As a result, knitwear’s share of global textile […]

Trade & Market

Global Garment Trade Nears US$ 550 Billion As China, Bangladesh, Vietnam Reshape Competition

Textile Insights September 4, 2026

Global garment trade has expanded sharply over the past two decades, with knit and woven garments together accounting for nearly 60% of world textile exports in 2025. But the growth has also brought a major shift in the competitive landscape, with China retaining its dominance while Bangladesh and Vietnam have emerged as major global suppliers. […]

Trade & Market

China-ASEAN Trade Crosses US$ 1 Trillion, Supply-Chain Links Deepen

Textile Insights September 4, 2026

Trade between China and the Association of Southeast Asian Nations (ASEAN) crossed the US$ 1 trillion mark for the first time in 2025, highlighting the growing importance of the region as a major hub for manufacturing, sourcing and cross-border supply chains. China-ASEAN trade reached US$ 1.05 trillion in 2025, registering a 7.4% year-on-year increase, according […]

Trade & Market

Cotton Yarn Demand Revives As Mill Utilisation Crosses 90%

Textile Insights September 4, 2026

India’s spinning industry is witnessing a revival in cotton yarn demand, with capacity utilisation at textile mills crossing 90% and yarn inventories remaining low. However, a sharp rise in cotton prices is threatening to squeeze mill margins and raise concerns over the sustainability of operations. The demand recovery has been under way for nearly five […]

Trade & Market

India, GCC Review Free Trade Agreement Negotiations

Textile Insights August 27, 2026

India and the Gulf Cooperation Council (GCC) have reviewed progress on negotiations for a comprehensive free trade agreement, as discussions between the two sides gain momentum following a temporary pause earlier this year. India’s Ambassador to Saudi Arabia, Vipul, held talks with GCC Secretary General Jasem Mohamed Albudaiwi in Riyadh. The meeting covered strengthening

Trade & Market

Uzbekistan, China Deepen Textile Cooperation With Focus On Investment And Technology

Textile Insights August 25, 2026

New partnerships target raw materials, joint manufacturing, technology transfer and export markets Uzbekistan and China are set to strengthen cooperation in the textile industry, with discussions focusing on raw material supplies, technology transfer, investment, joint manufacturing and access to international markets. The discussions were held in Aral, Xinjiang, during

Trade & Market

India Eyes 75% Global Trade Coverage Through New FTAs

Textile Insights August 25, 2026

Goyal says talks underway with 8–9 countries and trade blocs to expand India’s preferential market access India is negotiating free trade agreements (FTAs) with at least eight to nine additional countries and trading blocs as it seeks to expand its integration with global markets and cover nearly 75% of global trade through its trade agreements, […]

Trade & Market

Vietnam, Uruguay Strengthen Textile Trade Ties

Textile Insights August 20, 2026

Vietnam and Uruguay have agreed to strengthen economic, trade and investment cooperation, with a focus on improving market access and diversifying trade in garments, textiles, footwear and raw materials. The agreement was reached at the fourth meeting of the Vietnam-Uruguay Joint Committee in Hanoi, where both sides discussed measures to expand bilateral trade and