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

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

Trade & Market

US Imposes Additional 12.5% Tariff On Turkish Apparel Exports

Textile Insights August 11, 2026

The Office of the United States Trade Representative (USTR) has announced additional customs duties ranging from 10% to 12.5% on imports from 60 trading partners following investigations under Section 301 of the Trade Act of 1974 related to the enforcement of restrictions on goods produced through forced labour. Türkiye has been assigned an additional tariff […]

Trade & Market

Indian Textile Exporters Face Competitive Pressure In US Despite Lower Section 301 Tariff: Emkay Research

Textile Insights August 11, 2026

Indian textile and apparel exporters may face increased competitive pressure in the US market despite India being placed in a relatively favourable tariff bracket under the latest Section 301 measures, according to a report by Emkay Research. The report noted that India has been subjected to a 10 per cent Section 301 tariff, lower than […]

Trade & Market

US Apparel Imports Decline During Jan-May 2026 With Sharp Slide in China Shipments

Textile Insights August 9, 2026

US apparel imports continued to weaken during the Jan-May 2026 period, with total imports falling by 9.1 per cent compared with the same period last year, reflecting softer sourcing activity and a sharp decline in shipments from China. According to the latest trade data, US apparel imports during the January–May 2026 period were valued at […]

Trade & Market

FTAs Open Access To US$60 Trillion Markets, Says Piyush Goyal

Textile Insights July 30, 2026

India’s recent Free Trade Agreements (FTAs) with major global economies are providing Indian businesses access to markets worth nearly US$ 60 trillion, strengthening the country’s export competitiveness and supporting its ambition to emerge as a global manufacturing and export hub, Union Commerce and Industry Minister Piyush Goyal has said. Sharing a video