Trade & Market

Kenya Pushes For Trade Pact With US As AGOA Expiry Nears

Textile Insights September 9, 2025

Kenya has stepped up last-minute negotiations with the United States to secure a reciprocal trade agreement ahead of the looming expiry of the African Growth and Opportunity Act (AGOA), a cornerstone of Africa–US trade relations for more than two decades. A high-level Kenyan delegation, led by

Trade & Market

US Textile And Apparel Imports Up 2.5% In June

Textile Insights September 9, 2025

The Office of Textiles and Apparel (OTEXA) reported that U.S. imports of textiles and apparel reached 8.56 billion square metre equivalents (MSME) in June 2025, up 2.5% compared to the same month last year. Textile imports totaled 6.53 billion MSME, a 3.1% increase, while apparel imports edged up 0.5% to 2.04 billion MSME. For the […]

Trade & Market

US Apparel Imports Shift: China Down, Asia Up

Textile Insights September 9, 2025

The US textile and apparel (T&A) import market saw a sharp reshuffle in July 2025, with Vietnam, Bangladesh, and India strengthening their positions even as China’s exports continued to fall steeply. According to OTEXA data analysed by CITI, Vietnam’s shipments to the US rose 14.2% year-on-year, while Bangladesh grew 5.2% in July. India clocked 9.1% […]

Trade & Market

Global Home Textile Market To Hit US$ 192.8 Bn By 2029, Asia-Pacific Driving Growth

Textile Insights September 9, 2025

The global home textile market, valued at US$ 148.23 billion in 2022, is projected to reach US$ 192.83 billion by 2029, growing at a CAGR of 3.9% between 2023 and 2029, according to Valuates Reports. China leads global production with a 32% share, followed by Europe (16%) and India (15%), making Asia-Pacific the fastest-growing region […]

Trade & Market

US Court Strikes Down Trump’s Tariffs

Textile Insights September 1, 2025

A US appeals court has struck down most of President Donald Trump’s tariffs, ruling they were unlawfully imposed under emergency economic powers. In a 7-4 decision, the US Court of Appeals for the Federal Circuit said Trump’s “reciprocal” tariffs on dozens of countries, including China, Mexico and Canada were “invalid as contrary to law.” The […]

Trade & Market

US Tariffs On India Open Doors For Bangladesh Exports

Textile Insights August 28, 2025

Bangladesh is set to benefit from a major shift in US trade dynamics after Trump imposed a 50% tariff on a range of Indian goods, much higher than Bangladesh’s 20% counter-tariff. This gap gives Bangladeshi exporters a clear price advantage in the US market, particularly in ready-made garments, leather goods, agro-processed foods, handicrafts, jute, plastics, […]

Trade & Market

DGFT Spotlights India–UK Trade Pact Benefits

Textile Insights August 25, 2025

India’s Directorate General of Foreign Trade (DGFT) has highlighted the transformative potential of the recently concluded India–UK Comprehensive Economic and Trade Agreement (CETA), calling it a landmark deal that will open new export opportunities for Indian industries while reinforcing bilateral trade ties with the UK. Speaking at a seminar in Nagpur, DGFT Assistant

Trade & Market

US Textile And Apparel Imports Up 2.5% In June

Textile Insights August 19, 2025

The Office of Textiles and Apparel (OTEXA) reported that U.S. imports of textiles and apparel reached 8.56 billion square meter equivalents (SME) in June 2025, up 2.5% compared to the same month last year. Textile imports totaled 6.53 billion SME, a 3.1% increase, while apparel imports edged up 0.5% to 2.04 billion SME. For the […]

Trade & Market

DGFT Removes Pre-Shipment TC Requirement For Organic Textile Exports

Textile Insights August 7, 2025

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has issued Policy Circular for removing the requirement for exporters to submit a Transaction Certificate (TC) at the time of shipment. The clarification, addressed to all regional DGFT authorities, customs commissionerates, and industry stakeholders, follows earlier

Trade & Market

UK Extends Zero Tariffs On Cambodian Exports Under DCTS

Textile Insights July 21, 2025

The United Kingdom will continue offering duty-free access for Cambodian exports, including clothing, electronics and other goods, under its Developing Countries Trading Scheme (DCTS), the British Embassy in Cambodia announced this week. The initiative is part of a broader effort to make trade with developing countries simpler and more beneficial by reducing costs for UK