Trade & Market

India–EU FTA Seen As Major Export Opportunity For Tiruppur Apparel Hub

Textile Insights February 1, 2026

The recently concluded India–European Union Free Trade Agreement (FTA) is being viewed as a significant boost for Tiruppur’s apparel and textile export industry, with exporters expecting a sharp rise in shipments to the European market once the pact comes into force. The landmark agreement is

Trade & Market

Thailand’s Trade Deficit With China Hits Record High

Textile Insights January 29, 2026

Thailand’s trade deficit with China widened to a historic high in the first four months of 2025, driven by a sharp surge in imports as businesses rushed to secure raw materials and components amid global trade uncertainty and potential changes to U.S. tariff policy. According to the Ministry of Commerce’s Trade Policy and Strategy Office […]

Trade & Market

India, EU Close To Signing FTA

Textile Insights January 19, 2026

The proposed free trade agreement (FTA) between India and the 27-nation European Union (EU) is being hailed as the ‘mother of all deals,’ with negotiations in their final stages and an official announcement expected by 27 January, Commerce and Industry Minister Piyush Goyal said on January 16. Calling it a ‘super deal,’ Goyal said the […]

Trade & Market

Uzbekistan Targets US$ 2 Bn In New Investment To Accelerate Textile Industry Growth

Textile Insights January 9, 2026

Uzbekistan has set ambitious targets for its textile industry, aiming to attract more than US$ 2 billion in foreign investment to modernize production, expand exports and strengthen its competitiveness in global markets. President Shavkat Mirziyoyev reviewed the sector’s performance in 2025 and outlined priorities for 2026 during a high-level presentation, according to The

Trade & Market

Turkey Imposes Anti-Dumping Duties On Acrylic Fibre Imports From China

Textile Insights January 9, 2026

Turkey has imposed anti-dumping duties on imports of acrylic and modacrylic fibre from China, following an affirmative final ruling by the Turkish Ministry of Trade, aimed at protecting its domestic synthetic fibre industry. According to announcement issued on December 17, 2025, the ministry concluded that Chinese-origin acrylic and modacrylic fibre imports were being

Trade & Market

Vietnam Textile And Apparel Exports To Go Up To US$ 46 Bn In 2025

Textile Insights January 9, 2026

Vietnam’s textile and apparel industry is expected to maintain strong growth momentum in 2025, with exports forecast to reach US$ 46 billion, up 5.6 per cent year-on-year, according to the Vietnam Textile and Apparel Association (VITAS). The projection would generate a trade surplus of nearly US$ 21 billion, reinforcing Vietnam’s position as the world’s third-largest […]

Trade & Market

India–New Zealand FTA Opens Zero-Duty Window For Indian Textiles And Apparel

Textile Insights January 9, 2026

The newly concluded India–New Zealand Free Trade Agreement (FTA) is set to deliver a major boost to India’s textile and apparel exports, offering 100 percent duty-free access to the New Zealand market and strengthening India’s position in the Oceania region’s apparel and home textile supply chains. Under the agreement, New Zealand will eliminate tariffs on […]

Trade & Market

Indonesia To Impose Safeguard Duties On Cotton Fabric Imports

Textile Insights January 7, 2026

Indonesia will begin imposing safeguard duties on imported cotton woven fabrics from January 10, aiming to protect its domestic textile industry from a surge in imports. The safeguard duty, known locally as Bea Masuk Tindakan Pengamanan (BMTP), will be enforced for a three-year period under a gradually declining tariff structure. In the first year, duties […]

Trade & Market

India–Russia Business Forum Charts New Path For Stronger Textile Trade Ties

Textile Insights December 5, 2025

Union Minister of Commerce & Industry, Piyush Goyal, placed a strong spotlight on the textile sector as a priority area for India–Russia cooperation, during the India–Russia Business Forum held in New Delhi. Confirming that Russia has always been ‘India’s Sukh Dukh Ka Saathi,’ he highlighted that textiles, along with automobiles, electronics and machinery represent one

Trade & Market

South Korea’s Apparel Imports Slip As Demand Shifts To Casual Wear

Textile Insights December 5, 2025

South Korea’s apparel imports fell 1.0% to US$ 9.1 billion in the first nine months of 2025, reflecting subdued retail demand and cautious consumer spending. The decline, however, was uneven across product categories, underscoring a notable shift in shopper preferences. Imports of knitted apparel and accessories (Chapter 61) edged up to US$ 4.06 billion, compared […]